So we need to pick the best metric possible. For years, the number used to measure inequality has been the Gini coefficient. It’s not hard to see why, given its alluring simplicity: 0 denotes ...
At the same time, there has been an increase in income inequality in advanced economies—as measured by the Gini coefficient, which takes the value zero if all income is equally shared within a country ...
The Gini index, or Gini coefficient, is a summary measure of income inequality representing how income distribution varies compared with an equal outcome. States with the lowest Gini index figures ...
This dashboard shows how different measures of inequality have evolved over time for different countries and sub-regions of Latin America and the Caribbean. Gini coefficient: The most common measure ...
The Gini coefficient--an index that measures income inequality on a scale ranging between 0 and 1--rose to 0.5700 based on initial income, or before distribution through taxation and social ...