The Gini index, or Gini coefficient, measures income inequality in nations by determining how income is distributed across their populations.

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The government’s assertions conceal a broader reality of increasing income inequality and widespread economic hardship. These ...

Referring to a World Bank brief, the government has claimed India is world’s ‘fourth most equal country’. What does this ...

We recently compiled a report on the 30 Countries with Highest Gini Coefficient and in this article we will look at the country with the highest wealth inequality. Inequality among the Top 10% and ...

The Gini coefficient measures how far the actual Lorenz curve for a society's income or wealth is from the line of equality. Both the Lorenz curve and the line of equality are plotted on a graph.

The Gini coefficient has many advantages. It is easy to calculate, allows changes in inequality to be tracked over time, and enables cross-region and cross-country comparisons. But the Gini ...

Its Gini coefficient was last measured in 2014, and it was 48.5. Mihai-Bogdan Lazar/Shutterstock.com. 24. Nigeria. For some time Nigeria has been grouped among the poorest countries in the world.

According to the Household Consumption Expenditure Survey (HCES) 2022-23, inequality in consumption did decline ...