Which country has highest Gini coefficient
Mia Horton
Updated on March 29, 2026
RankCountryValue1South Africa63.002Namibia59.103Suriname57.604Zambia57.10
Which country has lowest Gini coefficient?
The Gini coefficient was proposed by Gini as a measure of inequality of income or wealth. For OECD countries, in the late 20th century, considering the effect of taxes and transfer payments, the income Gini coefficient ranged between 0.24 and 0.49, with Slovenia being the lowest and Mexico the highest.
Which state will have the highest Gini coefficient?
RankState or federal districtGini Coefficient1Utah0.40632Alaska0.40813New Hampshire0.43044Wyoming0.4360
Which country has highest inequality?
CountryGini Index2021 PopulationSuriname0.832591,800India0.8321,393,409,038Bahamas0.828396,913Grenada0.827113,021What is a high Gini coefficient?
A higher Gini index indicates greater inequality, with high-income individuals receiving much larger percentages of the total income of the population.
What is Australia's current Gini coefficient?
Gini coefficients are a measure of income equality that give a number between 0 and 1, where a higher value represents less income equality. Australia’s Gini coefficient of 0.33 ranked 11th highest out of 33 OECD countries for which data were available.
What is India's Gini coefficient?
India GINI index was 47.9 % in 2018, unchanged from the previous year. What is GINI index? 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.
What is Sweden Gini coefficient?
2018:30.02017:28.82016:29.62015:29.22014:28.4Why is Singapore's Gini coefficient high?
Singapore’s Gini coefficient is typically reported based on household income from work per household member. … This is because they typically impose higher overall taxes on the working population and in particular on the middle-income, in order to finance large social transfers.
What is the Gini coefficient of Singapore?Speaking on CNA’s Ask The Finance Minister programme, Mr Heng said Singapore’s Gini coefficient was 0.375 in 2020 after Government transfers, down from 0.398 in 2019.
Article first time published onWhat is United States Gini coefficient?
In 2020, according to the Gini coefficient, household income distribution in the United States was 0.48.
What is Russia Gini coefficient?
2018:37.52017:37.22016:36.82015:37.72014:39.9
What is the Gini coefficient in China?
That means China’s Gini coefficient (0.481) belongs to a handful of countries with top inequality in the world, not only higher than that of western developed countries, but also above Asia’s average (0.3513).
What is the Gini coefficient of Norway?
With a Gini coefficient of 0.25, Norway has the second lowest income inequality after government taxes and transfers across the OECD.
What is Gini coefficient of India 2021?
India’s Gini coefficient, a measure of the distribution of income across the population, increased from 74.7 in 2000 to 82.0 in 2019, and reached 82.3 at the end of 2020. A higher Gini index indicates greater inequality.
Is inequality increasing in India?
This will also strengthen the foundations for a more dynamic economy as these would be investments in raising the overall growth potential. Such policies would go directly after the main source of inequality of opportunity — wealth — and ensure equality of opportunity.
Who are worst affected by poverty Upsc?
Scheduled castes and tribes are the worst sufferers of rural poverty. Recently the Planning Commission has also revised the poverty line for rural as well as urban areas. The new poverty line for rural areas is Rs 27 and for urban areas it is Rs 30 per day.
What is the Gini coefficient of Brazil?
Gini index (World Bank estimate) in Brazil was reported at 53.4 in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Brazil – GINI index – actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2021.
What is the Gini coefficient of Switzerland?
Switzerland’s Gini index has increased from 29.7 in 2011 to 30.6 in 2019 indicating a decline in inequality. The Gini Index is a measurement of inequality within economies, with lower scores implying more equality and higher scores more inequality.
What is the Gini coefficient of Finland?
CharacteristicGini coefficient201927.4%201827.4%201726.9%201626.2%
What is the Gini coefficient of South Korea?
The Gini coefficient is a number between zero and one that measures the relative degree of inequality in the distribution of income of a country. With a Gini coefficient of 0.34 on after-tax income in 2019, South Korea’s relative inequality is on the lower end of the scale.
What is the Gini coefficient of Afghanistan?
Historically, gini index in Afghanistan reached an all time high of 27.8% in 2007 and an all time low of 27.8% in 2007. Afghanistan has been ranked 62nd within the group of 76 countries we follow in terms of interest rate on gini index.
Is China's Gini coefficient high?
China’s government publishes an official yearly calculation of the country’s Gini index. According to these reports, the average Gini coefficient between residents was . 475 between the years of 2003 and 2018, reaching a high of 0.491 in 2008 and a low of 0.462 in 2015.
