The gini coefficient ranges between 0 and 1 or it can also be expressed as a number from 0 to 100 and is given by the ratio of the areas. Gini index for the philippines sipovginiphl fred st. Graph and download economic data for gini index for the united kingdom sipovginigbr from 1969 to 2016 about gini, united kingdom, and indexes. This file contains additional information such as exif metadata which may have been added by the digital camera, scanner, or software program used to create or digitize it. Graph and download economic data for gini index for the philippines sipovginiphl from 2000 to 2015 about philippines, gini, and indexes. Cia world factbook the best country factbook available online. Distribution of family income gini index 2017 country. Situated in the southwestern part of cape province, it lies at the foot of table mountain 1,088 m. The gini coefficient, according to wikipedia, is a measure of statistical dispersion intended to represent the income or wealth distribution of a nations residents, and is the most commonly used measurement of inequality. Russias recent policy of bringing energy prices for belarus to world market levels may result in a slowdown in. The top 5 countries also includes namibia, sri lanka, china, and zambia.
Gini index inequality of income distribution country. Putting obamas proposed tax hike on the rich in an international. Any discussion on low cost, subsidized housing in south africa has to take into account one startling fact. History, geography, and government all play a big role in a societys relative equality or inequality. Commons is a freely licensed media file repository. The gini coefficient was developed by italian statistician corrado gini in 1912, and today is the most commonly used measurement of wealth or income inequality. Gini index measures the extent to which the distribution of income or consumption expenditure among individuals or households within an economy deviates from a perfectly equal distribution. Greece the world factbook central intelligence agency. Country comparison distribution of family income gini. A score of 1 would represent complete inequality, i. Previously, the united states ranked fortythird in this category.
Attraction inequality and the dating economy quillette. Differences in national income equality around the world as measured by the national gini coefficient. The most unequal countries in the world include third world nations, emerging markets and one global superpower. The gini coefficient also known as the gini index or gini ratio is a measure of differences in income. Central intelligence agency office of public affairs washington, d. Countries of the world 37 years of cia world fact books. South africas gini coefficient is the highest in the world. Information from its description page there is shown below. Gini coefficient united kingdom world development indicators world bank. I used the cia world factbook as the primary source for obtaining this data.
Using the gini coefficient to measure the urban divide national income inequality using gini coefficients, from cia world factbook, 2009. South africa has the worst gini coefficient in the world, according to. This index measures the degree of inequality in the distribution of family income in a country. The information regarding distribution of family income gini index on this page is republished from the cia world factbook 2017. In economics, the gini coefficient, sometimes called the gini index or gini ratio, is a measure of statistical dispersion intended to represent the income or wealth distribution of a nations residents, and is the most commonly used measurement of inequality. I had already been to the country with the lowest gini numbersweden, 23.
It was developed by the italian statistician corrado gini in 1912 definition. The power of the gini index the formula pacific standard. Cape town is considered to be one of the great scenic cities of the world. Belarus cia world factbook the best country factbook. Traditionally, when most wealth was farm wealth, the size of landholdings made a. Later, during the 1980s and 1990s, she served as minister of culture. The office of public affairs opa is the single point of contact for all inquiries about. Gini world bank collection of development indicators, compiled from officially recognized international sources.
According to the cia world factbook, the united states has family income distribution gini index score of 45. The income gini coefficient measures the deviation of the distribution of. The gini coefficient measures the inequality among values of a frequency distribution. Distribution of family income gini index measures the degree of inequality in the distribution of family income in a country. Gini index measures the degree of inequality in the distribution of family income in a country. This chart its linked to an interactive webpage shows how income and wealth inequality in america dropped significantly in the 1930s and reached their lowest point in the 1960s and 1970s after democratic economic populist presidents fdr and lbj enacted aggressive. A wide range of redistributive policies has helped those at the bottom of the ladder. The gini coefficient is usually a number between 0 and 1 or 0 to 100. It was developed by the italian statistician and sociologist corrado gini and published in his 1912 paper variability and mutability. No claims are made regarding the accuracy of thailand economy 2020 information contained here.
Global gini index distribution of family income ranking. In 2018, according to the gini coefficient, household income distribution in the united states was 0. While a perfect scenario would be that of equality in income distribution, this is not normally the case in most of the areas around the world. The gini coefficient is based on the comparison of cumulative proportions of the population against cumulative proportions of income they receive, and it ranges between 0 in the case of perfect equality and 1 in the case of perfect inequality. South africa is the top country by gini index in the world.
The gini coefficient is no zagat guide for tourists, because although the metric looks simple, inequality is a complicated subject. If a 0, it means the lorenz curve is actually the line of equality. If the cia gets simple stuff like this wrong then little. Namibia ranks first, with a gini index score of 70. Global and local inequality has been a major topic of debate, leading to many attempts to quantify income disparity. Gini coefficient simple english wikipedia, the free. Field listing distribution of family income gini index the world. Gini index for the united kingdom sipovginigbr fred. No claims are made regarding theaccuracy of distribution of family income gini index information contained here. On a list of 149 countries gini indices provided by the cia world factbook, this would place the female dating economy as 75th most unequal averagethink western europe and the male dating economy as the 8th most unequal kleptocracy, apartheid, perpetual civil warthink south africa. Income inequality among individuals is measured here by five indicators. For most advanced industrial economies, the gini number is pretty low. The evolution of the gini coefficient is particularly useful as it reveals trends. The index is the ratio of a the area between a countrys lorenz curve and the 45.
Gini index world bank estimate world bank, development research group. The more unequal a countrys income distribution, the higher its gini index, e. According the the cia world factbook table compiled here, the lowest gini score in the world is swedens, at. Philippines gini coefficient world development indicators world bank indexes. The more unequal a countrys income distribution, the farther its lorenz curve from the 45. Data are based on primary household survey data obtained from government statistical agencies and world bank country departments.
In this case, the gini coefficient is 0 and it means there is perfect distribution of income everyone earns the same amount. This is a list of countries or dependencies by income inequality metrics, including gini. This is a very complicated, contentious, and muchdebated topic. The gini coefficient ranges from 0 0% to 1 100%, with 0 representing perfect equality and 1 representing perfect inequality. The gini coefficient is a number between 0 and 1, where 0 corresponds with perfect equality where everyone has the same income and 1 corresponds with perfect inequality where one person has all the incomeand everyone else has no income. So the higher the number, the more wealth inequality there is. Gini coefficient measures the inequality of wealth distribution or income inequality in a particular area. This corresponds to the period of time following the end of world war 2s wage and price controls on 9 november 1946, which. Difficulties calculating inequality and the gini coefficient. Mercouri was a worldfamous actress who was active in the resistance movement against the military regime in the late 1960s and early 1970s. Here in this listing of the gini index for each country around the world. The gini coefficient is a measure of inequality of incomes or sometimes wealth across individuals a score of 0 on the gini coefficient represents complete equality, i. The index is calculated from the lorenz curve, in which cumulative family income is plotted against the number of.
Distribution of family income gini index measures the degree of inequality in the distribution. The 39 most unequal countries in the world business insider. A popular measurement of economic inequality focuses on variations in income among people in a state. Global gini index distribution of family income ranking by country all data from the cia world factbook. Statistics for the world factbook produced by the u. What the graphic next to stewart showed was an obscure statistical list called the gini index, which is used by the cia and the world bank as a standard gauge of familyincome inequality in a country. According to their data set the gini coefficient in bulgaria grew from 26 2001 to 45. For more information and methodology, please see povcalnet. Americas growing income inequality problem the economic. The gini coefficient is the most commonly used measure of the amount of income inequality in a society in the chart above, we see that the amount of income inequality among individual americans increased in the years from 1947 to 1960. The gini coefficient is reliable enough that the cia world factbook uses it. Cia world factbook costa rica central intelligence agency. The gini coefficient is the bestknown measure of inequality, but it has its flaws, as do all inequality measurements. A lorenz curve plots the cumulative percentages of total income received against the cumulative number of.
The most common measurement for economic injustice is the gini coefficient. Gini index the world factbook central intelligence agency. This is a dramatic change from one of the lowest positions in. Distribution of family income gini index, the world factbook, cia, accessed on november 24, 2011. Since gini coefficients are not reported on an annual basis, the most recent gini coefficient available for each country has been selected, and the control variables are adjusted to coordinate with the gini year as closely as possible. The index gives each of the world s countries a score somewhere between zero perfect equality and 100 the most unequal.
The world factbook provides information on the history, people and society, government, economy, energy, geography, communications, transportation, military, and transnational issues for 267 world entities. Many of you have most probably seen maps of the gini coefficient used to measure income inequality in. Data are based on primary household survey data obtained from government. The more unequal a countrys income distribution, the higher its gini index. If the cia gets simple stuff like this wrong then little hope for the rest of us. I discovered this when, in 2012, i visited namibia, the country with a gini score of 70. If the cia gets simple stuff like this wrong then little hope for. The more nearly equal a countrys income distribution, the lower its gini index, e. Costa rica retained the earlier bluewhiteblue flag of central america until 1848 when, in response to revolutionary activity in europe, it was decided to incorporate the french colors into the national flag and a. Is it possible that there is mistake in the data of cias world factbook. The next 20 countries are all in either western europe. Field listing distribution of family income gini index. Ranks near bottom on income inequality the atlantic. It shows the evolution towards greater equality in cuba from 1953 to 1986 0.
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