Variable: Gini index

QoG Code: (wdi_gini)


Dataset: World Development Indicators

Description:

Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.

Type of variable: Continuous

Downloaded by QoG on: 2023-01-23
Last updated by source: 2023-01-22


Categories:

Public Economy


Find this variable in:

Basic Cross-section - 2024 Basic Time-series - 2024 OECD Cross-section - 2024 OECD Time-series - 2024 Standard Cross-section - 2024 Standard Time-series - 2024 Original Dataset

Details of this variable in our compilations datasets
Dataset No. Countries
Basic cross-section: 112
Basic time-series: 166
Standard cross-section: 112
Standard time-series: 166
OECD cross-section: 35
OECD time-series: 37

Dataset Available for years:
Standard time-series: 1963-2022
Basic time-series: 1963-2022
OECD time-series: 1963-2022

This variable has information for these countries:

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