Income Inequality (Gini Coefficient) by Countries
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Vision2020 , views , updated
Overview
Here, we rank the Gini coefficients* between countries across the world, from the countries with the highest income inequality to those with the lowest. Generally, countries in Africa, South and Central Americas have higher income inequality levels.
*The Gini coefficient, also known as the Gini index or Gini ratio, is a measure of income or wealth inequality within a country. Developed by Italian statistician Corrado Gini, a Gini coefficient of zero implies perfect equality while a value of 1 or 100% expresses maximal inequality.
**However, the latest Gini coefficients for the countries are based on different years - as such, the values should be used as a general reference and not an exact comparison.
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