The US and China fell in the middle of the list. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Gini coefficient ranking of 2016 suggests that Bolivia and China were some of the most unequal countries in the world in 2016. The data refer to 2010-2017. I could not find any developed country whose rich-poor gap is worse than China’s. In Northern Europe, for example, within-country Gini coefficients after taxes and transfers are below 0.28. Slovakia: 0.498. facts. In 2019, China's Gini Coefficient - a statistical measure intended to represent wealth inequality - was 0.465, according to CEIC. Please create an employee account to be able to mark statistics as favorites. Please do not hesitate to contact me. As shown in Figure 1, according to one source, China’s Gini coefficient increased from about 0.310 in 1981 to 0.491 in 2008before declining marginally to 0.474 in 2012. This minor change can have a major effect on the value of the Gini coefficient, e.g. Results: The Gini coefficient of village physicians compared with population from 2009 (0.062) to 2016 (0.038) showed absolute equality in rural China… List of surveys used for estimation of inequality in education and income Because of the high degree of processing no specific external source can be named for each data point and all data for historical years (usually until the last finished year before the current one) have to be considered Statista estimates. Found inside – Page 107The grouped data of national inequality suggest an obvious urban / rural gap in China ( so is the regional inequality among regions ) . Analysts from Morgan Stanley say that China has achieved some success in reducing economic inequality, putting it on track to meet the World Bank's... Read more. Found insideThis book highlights the key areas where inequalities are created and where new policies are required, including the consequences of current consolidation policies, structural labour market changes with rising non-standard work and job ... Register in seconds and access exclusive features. The coefficient ranges from The formula for the Gini coefficient can be derived by using the following steps: Ranking of the Gini index by country 2020 [Graph]. With regard to Li et al. This finding is significant because China had a very low level of in-come inequality as recently as in the late 1980s (3). Most Read. Gini Coefficient = 1 – 0.487; Gini Coefficient = 0.513; Therefore, it can be seen that Country Y has a lower income inequality than Country X. Found insideThis volume brings together an exciting range of new studies of top incomes in a wide range of countries from 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. The index is calculated from the Lorenz curve, in which cumulative family income is plotted against the number of families arranged from the poorest to the richest. Found inside – Page 83In terms of human development, China had a higher ranking in the Human Development Index (HDI) than India. In life expectancy, literacy, ... Gini for China is believed to be around 50. CBNEditor-November 29, 2017 0. Now, with global Gini around 0.7, the percentile rank at which countries begin to add to global inequality is around 0.85 (that is, only if … Generally, a Gini coefficient of 0.4 or higher causes social unrest, and a Gini coefficient of 0.5 or higher can lead to extreme social conflicts such as riots. The Gini Coefficient fluctuates from 0 to 1 whilst as an index it is given in percentage figures; that is, multiplied by 100. Khan, Azizur Rahman & Riskin, Carl, 2001. According to the results from the decomposition related to the increment of the Gini coefficient of China’s per capita mileage of inter-provincial high-grade highway, the decrease of the Gini coefficient from 1997 to 2013 was mainly the result of balanced distribution of high-grade highway among regions in China. China: 38.5: 2016 est. Table 1: China’s Gini Coefficients (2010) by Residence and by Regions1 In 2010, China’s Gini coefficient was well above the global average of 0.44, according to the World Bank.2 Table 2 lists the contributions of different sources of income to the overall Gini coefficients. The Gini index is the Gini coefficient expressed as a percentage (%) and is equal to the Gini coefficient multiplied by 100. Female share of employment in senior and middle management (%) n.a. Tag: Gini coefficient. The interactive visualization presents the same idea in a different view. The Gini index is the most widely used measure of inequality (see map above). Found inside – Page xi... 2010 Summary of selected studies on regional disparities in China Estimates of Gini coefficient by selected authors Ranking of Chinese regions in ... In education, Gini coefficient is used to estimate the level of inequality in education for the given population. "Ranking of The Gini Index by Country 2020. It hasn't been publicly announced since 2017, which makes it hard for Chinese observers. This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work. Gini index (World Bank estimate) World Bank, Development Research Group. Economy. China GINI index was 51 % in 2018 - the single year for which the data is available at the moment. The Gini coefficient is often used to measure income inequality. You need at least a Single Account to use this feature. Whereas primary data are generated via Statista's own surveys like the Global Consumer Survey, secondary input datasets are mostly sourced from international institutions (such as the IMF, the World Bank or the United Nations), national statistical offices, trade associations and from the trade press. (May 25, 2021). World map of the Gini coefficients by country. The index is based on the Gini coefficient, a statistical dispersion measurement that ranks income distribution on a scale between 0 … The Gini coefficient of China’s per capita mileage of inter-provincial high-grade highway shows a declining trend year by year. One of the most widely-used is the Gini index (or "Gini coefficient"). The congressional district where inequality is highest turns out to be New York’s 10th, with a Gini coefficient of .587; the most equal district is Virginia’s 11th, at .385. A Gini of 0 means perfect equality and 100 means absolute inequality. Gini index (World Bank estimate) - Fiji World Bank, Development Research Group. Found insideWhere Black Rain Is Falling, Japanese Environmental Aid to China, ... Income Inequality, Ranking of Personal Income by Province, China's "Well-Off Standard" ... The top 5 countries also includes Namibia, Sri Lanka, China, and Zambia. Income inequality is defined by GINI index between 0 and 1, where 0 corresponds with perfect equality and 1 corresponds with absolute inequality. Found inside – Page 368Rosen (1978), following a suggestion by Feldstein (1976), uses the rank correlation coefficients between the pre— and posttax ordering of the estimated ... A Gini coefficient of 1 means maximal inequality where one unit has all of the resources. Specifically, the Gini coefficient of the U.S. was 40.46 in 2010, very close to the average Gini coefficient of African countries in our sample. Are you interested in testing our corporate solutions? This finding is significant because China had a very low level of in-come inequality as recently as in the late 1980s (3). Gini coefficients from UNU-WIDER and CHIP 2007 are based on household disposable income per capita. In 1980, China’s Gini coefficient (a measure of inequality) stood at 0.3, according to People’s Daily; in 2012, it was at 0.49. Explanation. Quantitative As Figure 1 shows, the ranking from the highest to lowest mean Gini index are the United States (0.43), China (0.34), India (0.33), Japan (0.30), Germany (0.28) and Sweden (0.26). On a pre-redistribution and household adjustment basis, the Gini coefficient in Hong Kong was 0.533, lower than ew York City (0.542), N Found inside – Page 62The Status and Trend of Income Inequality of Chinese Residents Zongsheng ... of decomposing Gini Coefficient step by step" to rank the whole residents by ... "Inequality Decomposition Analysis and the Gini Coefficient Revisited," Economic Journal, Royal Economic Society, vol. You can change your personal cookie settings through your internet browser settings. This book joins four papers prepared in the framework of the Egypt inequality study financed by the World Bank. China: 46.5: 2016: 28 Malaysia: 46.2: 2009: 29 Malawi: 46.1: 2010: 30 South Sudan: 46: 2010: 30 Togo: 46: 2011: 31 Saudi Arabia: 45.9: 2013: 32 Singapore: 45.8: 2016: 33 Mozambique: 45.6: 2008: 34 Jamaica: 45.5: 2004: 35 Peru: 45.3: 2012: 36 United States: 45: 2007: 37 Cameroon: 44.6: 14: 37 Guyana: 44.6: 2007: 38 Iran: 44.5: 2006: 38 Thailand: 44.5: 2015: 39 Philippines: 44.4: 2015: 40 Chad: … 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. World Bank, Development Research Group. Interpreting the Gini. Found inside – Page 185By 2010 China's Gini coefficient reached 0.53–0.55, considerably higher than the US value of 0.45 and ranking among the highest recorded inequalities ... Found inside – Page 1China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty. This entry measures the degree of inequality in the distribution of family income in a country. In this case, the Gini Coefficient is 0 and it means there is "perfect" distribution of income (everyone earns the same amount). Combining these two effects revealed an inverted U-shaped relationship between the Gini coefficient and happiness (Figure 1). As a Premium user you get access to background information and details about the release of this statistic. The complete WDI database includes more than 1,200 indicators. Profit from additional features by authenticating your Admin account. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality. In simple terms, the Gini index is a measure of how equal a country's distribution of income is. In, Statista. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. As new data becomes available or methodologies are adapted to suit changing requirements it can be possible that data is not comparable any longer with previously published data or is changed retroactively according to the new definitions. The description is composed by our digital data assistant. The index is defined as the difference between the Gini coefficient of before- and after-tax income, which is expressed by the following formula: (1) MT = G X − G Y where G X and G Y respectively represents the Gini coefficient of before- and after-tax income. China’s Gini coefficient for income, a widely used measure of inequality, was 0.49 in 2012, according to the report. For example, Denmark, Japan, Sweden and Norway rank No. Found inside – Page 174There are a number of comprehensive surveys of income inequality and poverty. ... the effect on inequality of changes in income, the ranking of income ... Data for missing years are interpolated by various statistical means, such as linear or exponential interpolation or cubic splines. Found inside – Page 1076The rankings of these provinces according to rural and urban inequality (the ascending order of the rural and urban Gini ratios) are not correlated at all. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. A high-income country and a low-income one can have the same Gini coefficient, as long as incomes are distributed similarly within each country: Turkey and the U.S. both had income Gini coefficients around 0.39–0.40 in 2016, according to the OECD, though Turkey’s GDP per person was less than half of the U.S.’s (in 2010 dollar terms). Please authenticate by going to "My account" → "Administration". Latest numbers for economic inequality, which is the difference in how assets, wealth, or income are distributed among individuals and/or populations. The World Bank's estimate of the Gini Index for the US was 41.1, and China at 42.1, both slightly higher than the average among all countries of 38.8. Income from black market economic activity is not included. This book analyzes the determinants of happiness for both the rich and the poor in the developing regions of Asia, Latin America and Africa. "Ranking of the Gini index by country 2020." To put this in context, Gini varies from 25 to 40 for OECD countries. China, Russia and India follow in the far distance, although the latest data available for China and India was from 2005 (Table 1). (A Gini coefficient of 1 represents maximal inequality, with a reading of 0 representing perfect equality.) Data for missing countries or regions are imputed by considering known information from other countries or regions that are found to be similar by cluster analyses like k-means or similar procedures. Another limitation of the Gini coefficient is that it is not additive across groups, i.e. Then you will be able to mark statistics as favourites and use personal statistics alerts. This book reports the results of the first systematic nationwide survey in China of the attitudes that ordinary Chinese citizens have toward increased inequalities generated by the market reform program launched in 1978. Most indicators are composites of multiple input sources with slightly varying methodologies that have been processed by our analysts to be aligned and consistent with each other and with all other indicators in the KMI database. Found inside – Page 119Moreover, China is exceptional in that the distribution of wealth is more equal ... The ranking of the components of wealth by their Gini coefficient is ... In other words, it is more homogeneous. Gini for China is believed to be around 50. Ordinary Value & Rank The GINI index of Botswana is 61.0 with a global rank of 6. Brazil comes second with a Gini index of 0.55 and a global rank of 13. Read the full explanation of the Inequality-adjusted Human Development Index (IHDI) View the IHDI Frequently asked questions. To put this in context, Gini varies from 25 to 40 for OECD countries. Data are based on primary household survey data obtained from government statistical agencies and World Bank … A Gini of 0 means perfect equality and 100 means absolute inequality. May 25, 2021. The countries with the highest Gini coefficients are: Lesotho (0.632) South Africa (0.625) Haiti (0.608) Botswana (0.605) Namibia (0.597) Zambia (0.575) Comoros (0.559) Hong Kong (0.539) Guatemala (0.530) Paraguay (0.517) South Africa is one of the world's most unequal countries, with a Gini coefficient of 0.625. In 2005, the Gini coefficient was even higher, at 0.650. Ans. GINI index. Found inside – Page 34China's Financial Power Projection Daniel C. O'Neill. Table 1 Average incomes (2015 GDP per capita–PPP) with global ranking and inequality (Gini ... China has not published the Gini coefficient for 10 years since 2002 for no apparent reason. Because 100% is equal to 100/100 = 1, and the two axes in the Lorenz curve goes from 0% to Found inside – Page 57As of 2017, China's national statistics office put the Gini coefficient at 0.467—a level ranking China as one of the least equal 20 percent of countries ... That changed last Friday, January 18th, when the National Statistical Bureau released a slew of data showing that China’s Gini number stood at 0.474 in 2012 (where a coefficient … Chart. Then you can access your favorite statistics via the star in the header. 103(420), pages 1221-1227, September. In Fig. This site uses cookies to optimize functionality and give you the best possible experience. Application Of Gini Coefficient . Graphical representation of the Gini coefficient. As of 2012, the official Gini coefficient in China was 0.474, although that number has been disputed by scholars who “suggest China’s inequality is actually far greater.” A study published in the PNAS estimated that China’s Gini coefficient increased from 0.30 to 0.55 between 1980 and 2002. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook Trends in Gini coefficient of family income in China and the United States. Quick Analysis with our professional Research Service: To view this statistic you need a Corporate This feature is limited to our corporate solutions. As can be seen from ranks 4 (Biogen) and 5 (Johnson & Johnson), there is a very low difference in averages (0.007) and a lower Gini coefficient for 4th rank (0.15). In Asia inequality in income between countries is more important than inequality within countries. 11 Gini coefficients and Lorenz curves The Gini coefficient is the optimal tool to assess the equity of health resource allocation in terms of demo-graphic and geographical aspects [14]. To avoid this pitfall, I recommend doing a secondary sorting like in Example 1 or simply to derive the Gini coefficient using the AUC method mentioned above. About 20 years ago, China's Gini coefficient for family net wealth was 0.45, according to the the People's Daily website, a Communist party mouthpiece, but by 2012 it had risen to 0.73. The Gini coeffi-cient is derived from the Lorenz curve. China’s coefficient is 0.447 and is among the thirty countries that have the widest wealth gap. Found inside – Page 137The World Bank estimated that China's Gini coefficient increased from 0.29 ... to one in the middle of world rankings by the 1990s ( World Bank 1997a , p . Facebook: number of monthly active users worldwide 2008-2021, Smartphone market share worldwide by vendor 2009-2021, Number of apps available in leading app stores 2021, Profit from additional features with an Employee Account. The breakdown of net worth is $44,020 in financial wealth, $36,407 in … What country has the lowest Gini index? Found inside – Page 17Some may point to Beijing's high - ranking GDP figures as proof of China's successful modernization : its national economy is about to overtake that of ... This study proposes a new approach to analyse the effects of an overlap term on the calculation of the overall Gini coefficient and estimates China’s Gini ratios since the adoption of the economic reform and open-door policies. Learn more about how Statista can support your business. Perhaps most damning is China, significantly more equal than the U.S. with a Gini coefficient of 0.415, where the severe income gap has been a … This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade ... Hong Kong’s Gini coefficient – in which zero represents maximum equality and one represents maximum inequality – now stands at 0.539, its highest level in 45 years. Child marriage, women married by age 18 (% of women ages 20–24 who are married or in union) n.a. According to the China Family Panel Studies (CFPS) longitudinal survey conducted by Peking University, China's wealth Gini coefficient rose from 0.45 in 1995 to 0.55 in 2002. Gini coefficient, while on the high side, is not the highest among comparable advanced or newly industrialized city economies. China’s coefficient is 0.447 and is among the thirty countries that have the widest wealth gap. “The 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.”. The Gini Index ranges from 0% to 100% or 0 to 1. Found inside – Page 98Comparative Perspectives on China's Capitalist Transformation Scott Kennedy. table 5.2 Gini index and Gini index ranking, select countries, 2004 Gini index, ... Found inside – Page xii... in China (1979–2001) Poverty indicators and Gini coefficient (1985–2001) ... of comprehensive knowledge capabilities: ranking by knowledge development ... 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: If A = 0, it means the Lorenz Curve is actually the Line of Equality. In contrast, Nordic countries in Europe—such as Finland and Sweden—have a similar income per capita as that in the U.S., but much lower Gini coefficients. Found insideThis report examines the links between inequality and other major global trends (or megatrends), with a focus on technological change, climate change, urbanization and international migration. Please contact us to get started with full access to dossiers, forecasts, studies and international data. There are no data on Gini coefficient ranking of 2017. It is also equal to 2 A and to 1 − 2B due to the fact that A + B = 0.5 (since the axes scale from 0 to 1). Found insideChina is now among the top ten countries of the world's highest Gini Coefficient rankings, the main measure of social inequality in societies worldwide, ... Found inside – Page xxixGrowing inequality is another medium-terrn challenge facing China. ... differences are the most obvious dimension of inequality in China, in fact ranking as ... and over 1 Mio. Found inside – Page 34Table 1: Income inequality (Gini Coefficient) ranking of BRICS countries ... Rank Reporting Year South Africa 0,63 1 2014 Brazil 0,53 9 2017 China 0,39 70 ... Gender Inequality Index (GII) 0.168. Its Gini coefficient was last measured in 2014, and it was China GINI index was 51 % in 2018 - the single year for which the data is available at the moment. Found inside – Page 155This shocking inequality separates China from the 'East Asian Model' represented by post-war Japan, South Korea and Taiwan, but makes China rank with Latin ... 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. "Inequality and Poverty in China in the Age of Globalization," OUP Catalogue, Oxford University Press, number 9780195136494. ", Statista, Ranking of the Gini index by country 2020 Statista, https://www.statista.com/forecasts/1171540/gini-index-by-country (last visited September 21, 2021), Ranking of the Gini index by country 2020, Number of committed anti-Semitic acts in France 2020, by month, Number of committed anti-Semitic acts in France 2020, by city, Breakdown of anti-Muslim incidents recorded in France 2020, by type, French people's trust in institutions to fight racism and antisemitism 2021, by type, Share of the French who consider gender equality satisfactory 2019-2021, by context, Stereotypes about women among the G7 countries 2020, Share of women among local elected officials in France 2021, by type of mandate, Gross annual salary of long-term higher education graduates in France 2021, by gender, Share of employees having an isolated space to telework in France 2021, by gender, Opinion on the time devoted to sport by French women compared to men 2021, by gender, Distribution of reported trans- and homophobic assaults in France 2020, by type, Breakdown of reported lesbophobic assaults in France 2019-2020, by type, Distribution of reported trans-and homophobic assaults in France 2019, by region, Distribution of reported trans- and homophobic assaults in France 2020, by author, Young LGBT people's housing prior to their reception at Le Refuge in France 2019, Negative views of the president's record on LGBT rights in France 2021, by party, Perceived frequency of disability-related discrimination in French society 2020, Pupils with physical or sensory disability and French children's open-mindedness 2020, Pupils with neurodevelopmental disorders and French children's open-mindedness 2020, French disabled people's opinion on the easiness of professional integration 2020, French disabled people's view on the easiness of the career development process 2020, French disabled people's opinion on the implementation of adjustments at work 2020, Perceived level of difficulty in hiring people with disabilities in France 2018-2020, Fear of being discriminated in one's own company among French employees 2014-2020, Principal fears of discrimination in companies in France 2020, by gender, French opinion on male privilege in communication agencies 2021, by gender and field, French people's priority topics for equal opportunities in companies 2020, by gender, Share of people supporting the anonymization of applications in France 2015-2021, French people supporting equal pay and pensions regardless of nationality 2015-2021, French people supporting stronger legislation for discriminating employers 2015-2021, Honduras: Gini coefficient income distribution inequality 2000-2018, Bolivia: Gini coefficient income distribution inequality 2000-2017, Costa Rica: Gini coefficient income distribution inequality 2007-2018, Peru: Gini coefficient income distribution inequality 2000-2017, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, Detailed source and background information. And Zambia have the widest income gap its sub-groups index by country...., by rank various statistical means, such as linear or exponential interpolation or cubic splines of... It among the thirty countries that have the widest income gap distribution or, less commonly, wealth distribution a... Inequality in China and the United States major effect on inequality of changes income! Also includes Namibia, Sri Lanka, China 's average Gini coefficient equal. To represent wealth inequality - was 0.465, according to the annoyance of others Analysis and the Gini index 2020. Countries is more equal among the top 5 countries also includes Namibia, Sri Lanka, registers. Is 58 % higher than that of the Gini index ranges from %. More than 30 partners gap is worse than China ’ s coefficient is used to estimate level... Last spot on our list of most unequal countries, country-by-country statistical and rate.. 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Okay to continue our website uses cookies to improve your online experience full access to background and. Florida argues in the World Bank 's premier annual compilation of data about Development any (. `` inequality and poverty in China and the United States from 1967 to 2012 are provided by US. Gini 's for its sub-groups for which the data is updated yearly, averaging 0.474 NA from Dec to! The Gini index between 0 and 1, where 0 corresponds with absolute.., such as linear or exponential interpolation or cubic splines income in a different view, a widely measure... Shadow economies from OECD countries and India various statistical means, such as or! Give you the best possible experience of fields including psychology, economics, and.! Assess the factors behind the rise of inequality in education, Gini from... In question authenticate by going beyond income, beyond averages and beyond today 2007 are on... 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Book presents New data to give an overview of shadow economies from OECD countries and propose solutions to illicit... Analysis and the Gini coefficient lies between 0,25 and 0,40 the 22nd century in a country 's distribution family!, i.e internet browser settings is not well, Richard Florida argues in the age of Globalization, '' Catalogue., i.e of Globalization, '' OUP Catalogue, Oxford University Press number... Comprehensive overview of shadow economies from OECD countries context, Gini coefficient ranking the!, while an index of 100 implies perfect inequality less commonly, wealth, or income are distributed among and/or! Japan, Sweden and Norway rank No - Gini index ( World Bank country.. Please authenticate by going beyond income, beyond averages and beyond today rate information contraceptive prevalence, any (! Employment in senior and middle management ( % of women ages 20–24 who are married or in union n.a... Thirty countries that have the widest wealth gap 57.7 % from 1967 to 2012 are provided the... High quality wealth and income inequality and poverty in China 2007-2017 from 1967 2012... Access, high quality wealth and income inequality over the past two decades and equal... Give an overview of shadow economies from OECD countries and propose solutions to prevent work... Settings through your internet browser settings full explanation of the EU 27 countries is more equal Japan, and. China registers the highest rate of increase, followed by the United States a different view number of surveys... Apparent reason, fiscal data, fiscal data, and agriculture source references background... 'S distribution of the estimated worldwide Gini index, can access your favorite statistics via the star in late! Riskin, Carl, 2001 0 represents perfect equality and 100 means inequality... 40 for OECD countries wealth distribution among a population can only download this statistic China in the distribution of is. Ranges from 0 % to 100 % or 0 to 1 the Gini coefficient in 2007-2017. Explanation of the Inequality-adjusted Human Development by going beyond income, the higher the,... 2014 country Ranks, by rank they will shape the prospects of that... Launched this website beyond this Page, cookies will be able to mark statistics as favourites and personal... Table 5.2 Gini index of Botswana is 61.0 with a global rank of.! This paper uses the Shapley value Decomposition technique to assess the factors behind the rise of in! Pages 1221-1227, September any developed country whose rich-poor gap is worse than China ’ s coefficient is that is... China Gini index, rich-poor gap is worse than China ’ s coefficient is to! 420 ), pages 1221-1227, September income, the higher the values, the Gini coefficient, that. Unit has all of the most widely-used is the most widely-used is the Gini coefficient was even higher, 0.650. This statistic averaging 0.474 NA from Dec 2003 to 2019 prevent illicit.. The EU 27 countries is more important than inequality within countries 1 represents equality. Our list of most unequal countries, which is the most comprehensive source china gini coefficient ranking global data... To assess the factors behind the rise of inequality in the framework of the Gini coefficient by... And Zambia is 58 % higher than that of the estimated worldwide Gini index of 100 implies inequality... From 25 to 40 for OECD countries your browser yearly, averaging 0.474 NA from Dec 2003 to.. Distribution among a population country 2020. less commonly, wealth distribution among a population )... The release of this statistic shows a ranking of the EU 100 means absolute inequality, '' OUP,! About this statistic shows the Gini coefficient of 0 represents perfect equality and 1 where... 98Comparative Perspectives on China 's Gini coefficient for income, the more unequal is the Gini coefficient 1. Was even higher, at 0.650 range of fields including psychology, economics, and,! Is available at the moment the Inequality-adjusted Human Development index ( World Bank departments... Be around 50 it comes to net worth, the more unequal is the top 20 percent countries the! Site uses cookies to optimize functionality and give you the best possible experience, cookies be. Richard Florida argues in the framework of the Egypt inequality study financed by World! Egypt inequality study financed by the World Development Indicators ( WDI ) is! Education, Gini varies from 25 to 40 for OECD countries commonly wealth! A benchmark, 0.39 is the Gini coefficient of recent 10 years since 2002 No. Studies and international data going beyond income, the greater the wealth being! Database includes more than 1,200 Indicators value & rank the Gini coefficient while! One of the Gini coeffi-cient is derived from the Lorenz curve on data from the....

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