What is the Gini coefficient of Europe?
What is the Gini coefficient of Europe?
around 54%
EU market incomes are relatively unequally distributed (Gini coefficient of around 54% in 2019) in comparison to the EU disposable incomes (Gini coefficient below 35% in 2019). Compared to the US, the overall impact of taxes and transfers, including public pensions, appear more strongly redistributive.
What is the world’s Gini coefficient?
The Gini coefficient for the entire world has been estimated by various parties to be between 0.61 and 0.68.
Where is the Gini coefficient data?
The Gini coefficient is equal to the area below the line of perfect equality (0.5 by definition) minus the area below the Lorenz curve, divided by the area below the line of perfect equality.
Which countries have the lowest Gini coefficients?
Top 10 Countries with the Lowest Gini Coefficients (%) – World Bank:
- Slovakia – 2018 – 25.0 (tie)
- Belarus – 2019 – 25.3.
- Moldova – 2018 – 25.7.
- United Arab Emirates – 2018 – 26.0.
- Iceland – 2017 – 26.1.
- Azerbaijan – 2005 – 26.6 (tie)
- Ukraine – 2019 – 26.6 (tie)
- Belgium – 2018 – 27.2.
What is the Gini coefficient of France?
32.4
Gini index (World Bank estimate) in France was reported at 32.4 in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. France – GINI index – actual values, historical data, forecasts and projections were sourced from the World Bank on December of 2021.
Which country has the lowest Gini coefficient?
South Africa
South Africa ranks as the country with the lowest level of income equality in the world, thanks to a Gini coefficient of 63.0 when last measured in 2014.
WHO publishes the Gini coefficient?
the World Bank
Firstly, the World Bank, which publishes global Gini coefficient ratings, does not have data for all of the world’s 195 countries.
What is the Gini index in Italy?
The value for GINI index (World Bank estimate) in Italy was 35.40 as of 2015. As the graph below shows, over the past 12 years this indicator reached a maximum value of 35.40 in 2015 and a minimum value of 32.90 in 2007.
What is the Gini coefficient for the United States?
Gini coefficient on after-taxes and transfers basis for total population ranged between 0.25 and 0.48, with Denmark the lowest and Mexico the highest. For United States, the country with the largest population in OECD countries, the pre-tax Gini index was 0.49, and after-tax Gini index was 0.38,…
How do Gini indices differ between OECD countries?
The difference in Gini indices between OECD countries, on after-taxes and transfers basis, is significantly narrower. For OECD countries, over 2008–2009 period, Gini coefficient on pre-taxes and transfers basis for total population ranged between 0.34 and 0.53, with South Korea the lowest and Italy the highest.
What is the Gini index of perfect equality?
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. Source: World Bank, Development Research Group.
