Income Inequality & GINI Index

Income Inequality: GINI Index

The Gini index measures the extent to which the distribution of income or consumption among individuals or households within an economy deviates from a perfectly equal distribution. A Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality. Source: The World Bank.

For the following visualization, I’ve considered the most recent value available per country from the GINI series in the World Bank.

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