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Gini coefficient China

The Gini coefficient was developed by Italian statistician Corrado Gini in 1912 and is the most commonly used measurement of wealth or income inequality. The Gini coefficient ranges from 0 (0%) to 1 (100%), with 0 representing perfect equality and 1 representing perfect inequality. A higher Gini coefficient means greater inequality Graph and download economic data for GINI Index for China (SIPOVGINICHN) from 1990 to 2016 about gini, China, and indexes Gini index (World Bank estimate) - United States, China World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments The value for GINI index (World Bank estimate) in China was 38.60 as of 2015. As the graph below shows, over the past 25 years this indicator reached a maximum value of 43.70 in 2010 and a minimum value of 32.20 in 1990

Gini Coefficient by Country 2021 - World Population Revie

How High Is Income Inequality in China Today? The Gini coefficient is a well-understood measure of inequality (16). Based on the distribution of an outcome variable among ranked-ordered units in a population, the Gini coefficient mea-sures the degree ofinequality in the distribution oftotal resources Gini index (World Bank estimate) World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. For more information and methodology, please see PovcalNet. This statistic shows a ranking of the estimated worldwide Gini index in 2020, differentiated by country. The Gini coefficient here measures the degree of income inequality on a scale from 0. As shown in Figure 1, China's Gini coefficient (a measure of inequality ranging from zero, which represents perfect equality, to one, perfect inequality) rose from about 0.3 in the early 1980s to more than 0.45 in the early 2000s. After 2000, the Gini rose further to a high of 0.49 in 2008 The Gini coefficient or Gini index is a statistical measure of distribution to represent the income or wealth of a country's residents. Developed by Italian statistician Corrado Gini in 1912, the Gini coefficient is the most commonly used measure of inequality. The Gini coefficient measures the distribution of incomes across income percentiles

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 The average Gini coefficient of China in recent decade (2004-2013) is 0.482, which close to the dangerous line 0.5. Average level of the European Union's 27 countries is just over 0.3, a reasonable level grade. Northern and western Europe is below 0.3, as the equal level grade. Also as reasonable level grade is the southern and eastern Europe In 2019, China reached a score of 46.5 (0.465) points. The Gini Index is a statistical measure that is used to represent unequal distributions, e.g. income distribution. It can take any value.. Using multiple data sources, we establish that China's income inequality since 2005 has reached very high levels, with the Gini coefficient in the range of 0.53-0.55. Analyzing comparable survey data collected in 2010 in China and the United States, we examine social determinants that help explain China's high income inequality

IMF warns of growing inequality in India and China - Livemint

After China's official Gini coefficient reached 0.412 in 2000, its National Bureau of Statistics (NBS) stopped releasing the data, saying income data for wealthy households was incomplete. But a couple of months after a Chinese university reported China's Gini coefficient reached 0.61 in 2012, the NBS started releasing the. In China the overall Gini coefficient increased from 0.30 to 0.46 between 1978 and 2006 (Chen et al., 2010)

For one thing, most western provinces' education Gini coefficients are higher than that of eastern provinces. For example, Beijing's education Gini coefficient in 2000 and 2008 are 0.2377 and 0.2255 respectively, but the corresponding numbers of Guizhou province are 0.3086 and 0.2604 In Northern Europe, for example, within-country Gini coefficients after taxes and transfers are below 0.28. In the US and Latin America, Gini coefficients after redistribution are above 0.39. As a benchmark, 0.39 is the Gini coefficient in Iceland before redistribution. The interactive visualization presents the same idea in a different view

GINI Index for China (SIPOVGINICHN) FRED St

In fact, the economy has grown at an annual growth rate of 7.07 percent since 1979 and also the inequality with an average Gini coefficient of 0.33., - The paper studies the relationship between income inequality and economic growth in China during the pre and post reform periods China is now the least equal 25 percent of countries one of worldwide, a group to which very few Asian countries belong (Sicular, 2014) (Annex Tables 2 and 3). With a Gini coefficient approaching 0.5, China's level of income inequality is similar to that of several high-inequality Latin American countries (Sicular 2013) (Figure 2) The Gini coefficient is a measure of inequality that varies from 0 to 1. A value of 1 represents perfect economic inequality (for example, a province in which a single 1 km x 1 km grid cell within that subnational jurisdiction harbors all economic activity) and 0 represents perfect economic equality (a province in which every 1 km x 1 km grid.

Guandong has an estimated Gini coefficient of 0.99, with Shanghai, Zhilang and Beijing not far behind with Gini coefficients of about 0.97. Our estimatedGini coefficients thus cluster, as it were, in two extremes A Gini coefficient of 0 expresses perfect equality, with all units receiving an equal share. A Gini coefficient of 1 means maximal inequality where one unit has all of the resources. In Fig. 1, we show our estimates of the Gini coefficient of family income for recent years in China from the seven new sources discussed above, represented by red.

Gini Index coefficient - distribution of family income This entry measures the degree of inequality in the distribution of family income in a country. The index is calculated from the Lorenz curve, in which cumulative family income is plotted against the number of families arranged from the poorest to the richest Xie and Zhou find that China's Gini coefficient is in the range of 0.53-0.55. This is on par with inequality levels in Colombia or Venezuela, which are both oil-based economies with extremely low.. In economics, the Gini coefficient (/ ˈ dʒ iː n i / JEE-nee), sometimes called the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income inequality or wealth inequality within a nation or any other group of people. It was developed by the Italian statistician and sociologist Corrado Gini.. The Gini coefficient measures the inequality among values. That means China is fractionally more unequal than in 2005, when the Gini coefficient came in at 0.425 according to data from the World Bank. The Gini coefficient is a measure of income distribution Income inequality in China today, as measured by the Gini coefficient. 2, is among the highest in the world. The Standardized World Income Inequality Database (SWIID) 3. estimates the Net Gini. 4. coefficient for China at 50 points as of 2013, which is above various regional averages and among the highest in Asia (see figure 1). Th

Data related to health resources and health services was obtained from China Health Statistics Yearbook 2012-2016. Furthermore, we evaluated the equality of health resources allocation based on Gini coefficient. Concentration index was used to measure the equality in utilization of health services The Chart of the Week tells the story. It shows that the Gini coefficient, a widely used measure of income inequality, has risen by 15 points since 1990 to 50 (a reading of zero would indicate that everyone has the same income, while a reading of 100 would mean that the richest person gets all the income. By decomposing the Gini coefficient and the Gini coefficient differences by income source, this chapter tries to explore the reasons why the Gini coefficient has been falling in recent years in China. The chapter's analytical framework consists of two parts the rural Gini coefficients because of the high ratio of urban to rural household income per capita. There appeared to be a lull in this increase becausethe national Gini was 0.45 in both 1995 and 2002. However, in 2007, the urban Gini was 0.34, the rural Gini 0.36, and the national Gini was was no less than 0.50 Figure 2. Comparison of our estimated Gini coefficients for China and those reported in Table 1. income distribution (13 of these provinces have Gini coefficients of only around 0.06 and the other two, Lianoing and Inner Mongolia, have Gini coefficients of 0.197 and 0.264 respectively), the rest have a very high or extremely high inequa

Gini index (World Bank estimate) - United States, China Dat

Downloadable! A literature review indicates that the main problem in calculating the Gini coefficient of Chinese residents' income is the shortcomings of the data sources. Though many studies have tried to overcome these limitations through decomposing the nationwide Gini ratio by urban and rural areas, the final results have been underestimated, due to the overlap term or residual in the. According to a 2020 comparison of the Gini coefficients of 172 countries, China is toward the middle of the list, more equal than the US (ranked the fourth most unequal country in the world in this list), but less equal than such countries as France, Spain, Portugal, Belgium and Japan In one respect, both China and the U.S. are similar: Both have witnessed an extreme rise in income inequality since the 1970s, according to a new paper from economists including Thomas Piketty of. Limitations and Exceptions: Gini coefficients are not unique.It is possible for two different Lorenz curves to give rise to the same Gini coefficient. Furthermore it is possible for the Gini coefficient of a developing country to rise (due to increasing inequality of income) while the number of people in absolute poverty decreases

China - GINI index (World Bank estimate

The Gini coefficient is based on the comparison of cumulative proportions of the population against cumulative proportions of income they receive, and it ranges between 0 in the case of perfect equality and 1 in the case of perfect inequality. S80/S20 is the ratio of the average income of the 20% richest to the 20% poorest; P90/P10 is the ratio. The Gini coefficient is used as basic statistical data to analyze income inequality. Thus, the discrepancy in estimation methods, combined with data insufficiency, has largely limited research on China's income inequality [ 12, 13 ]. Following is a brief introduction to the existing data sources and this study's primary data source The Gini coefficient requires you to construct a Lorenz curve that would look like this: A Then you have to determine what fraction of the triangle is made up of area A. Fraction of population . Fraction of income. How to Solve it More Simply The Gini coefficient is one of the most frequently used measures of economic inequality. The coefficient can take any values between 0 to 1 (or 0% to 100%). A coefficient of zero indicates a perfectly equal distribution of income or wealth Gross Domestic Product (GDP) Gross domestic product (GDP) is a standard measure of a country's economic. Inequality & Risks • Inequality in China began to rise in the 1980s • By the 2000s had reached a fairly high level • In 2000s Hu-Wen leadership responded wit

The Gini coefficient for the whole country was 0.484. The Gini coefficient at the province level ranged from 0.347 in Jiangxi Province to 0.607 in Tibet Province, with 0.429 in Hunan Province being the median Gini coefficient . The Gini coefficient at the county level ranged from 0.161 to 0.626, with 0.362 being the median The Gini Coefficient is one way to measure how evenly the income (or wealth) is distributed throughout a country. The Gini Coefficient is calculated as follows. We find out the income of all the people in a country and then express this information as a cumulative percentage of people against the cumulative share of income earned The Gini coefficient for a country is often displayed visually using a graph called the Lorenz curve, as depicted below. On the x-axis the percentage of the population is displayed that earns what. The higher the Gini coefficient, the greater the inequality, with high-income individuals receiving much larger percentages of the total income of the population. What this tells us is the estimated effect from COVID-19 on the income distribution is much larger than that of past pandemics Gini Coefficient = 1 - Aggregate Score. Relevance and Use of Gini Coefficient Formula. It is quintessential to understand the concept of the Gini coefficient as it is one of the most important economic tool used for analyzing the wealth or income distribution of a country

China, like the United States, has an income inequality problem: the country's GINI coefficient, a measure which tracks economic equality, was 0.474 in 2012, making it more unequal than countries. China's Gini coefficient, an index of the income gap, has exceeded 0.46, Bo, the Communist Party Secretary for Chongqing Municipality, told reporters in Beijing today, without giving specifics South Africa is the top country by GINI index in the world. As of 2018, GINI index in South Africa was 57.7 %. The top 5 countries also includes Namibia, Sri Lanka, China, and Zambia. 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 The Gini coefficient measures the distribution of incomes across income percentiles. Estimates for the years 2000, The extent of equality was assessed using the Lorenz Curve and Gini Coefficient Method. Using multiple data sources, we establish that China's income inequality since 2005 has reached very high levels, with the Gini coefficient in the range of 0.53-0.55. Nationwide Inequality in. The poorest 25 per cent of Chinese households own just 1 per cent of the country's total wealth, the study found. China's Gini coefficient for income, a widely used measure of inequality, was 0.49..

This study proposes a new approach to analyse the effects of an overlap term on the calculation of the overall Gini coefficient and estimates China's Gini ratios since the adoption of the. China's Gini coefficient also rose to 53 in 2013, from 33 in 1990. At a time when inequality has been coming down for most of the world, the average net Gini coefficient for Asia rose to 40 in. Keywords: Gini Coefficient, China, Income Disparity, Inequality, Migration JEL Classification: D63, I32 Suggested Citation: Suggested Citatio

The Economic Risks of India’s Wealth Inequality – The Diplomat

1 There are various methods of estimating the Gini coefficient, resulting in significant differences. For example, the China Household Finance Survey conducted by Texas A&M University and Southwestern University of Finance and Economics in Chengdu, estimated that the overall Gini coefficient was 0.61 in 2010 China's Gini coefficient stood at 0.474 in 2012, down from 0.477 in 2011 and from a peak of 0.491 in 2008, Ma said. This curve of Gini coefficient demonstrates the urgency for our country to.

Gini index (World Bank estimate) Dat

The Gini coefficient of household income per capita was 0.49 in 2007 (Li et al. 2013), and China was found to have the joint highest inequality in Asia (Asian Development Bank 2007: figure 1). Income inequality had become a matter of concern to the Chinese leadership The Gini coefficient is used to measure income inequality within a group of workers. The Gini coefficient measures income the inequality of a population of a country or region

Latin America is the world's most unequal region. There are things that because of political correctness we just dont talk about in order to form unity and good relations with our allied partners and within the country but if this keeps going any. Gini coefficient; Tag: Gini coefficient Subscribe to DESAVoice Subscribe to UNDESA Voice. Fill in the fields and click Sign me up or hit Enter to submit your subscription. The relevant evidences indicate that the national Gini coefficient in current China is between 0.47~0.52. The sampling defects of the CHFS are significantly major and that the national Gini coefficient of 0.61 published by SWUFE is seriously overestimated The Gini coefficient is a measure of inequality of incomes (or sometimes wealth) across individuals.. A score of 0 on the Gini coefficient represents complete equality, i.e., every person has the same income. A score of 1 would represent complete inequality, i.e., where one person has all the income and others have none Even consumption data suggest increasing inequality of consumption, in both vertical and horizontal terms. The national Gini coefficient for consumption increased from 0.31 in 1993-94 to 0.36 in 2009-10, while the ratio of urban to rural consumption went up from 1.62 to 1.96

where the Gini coefficient of disposable income rose from 0.34 in 1985 to 0.40 in 2013 (Figure 1). For the 22 OECD economies for which long-term time series are available, the Gini The Gini coefficient in China is more than twice as large as that in the U.S. China's rapid development has contributed to inequality so far, but the historical experience of the U.S. suggests that China's regional inequality may start to shrink as China further develops. Adjusting Regional Income by Regional Housing Price

China's extreme income inequality appears to be improving

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 In the 1985-1987 period, China's Gini coefficient was about 30%.3 However, according to the Asian Development Bank (2007), China's Gini coefficient climbed from 40.74% in 1993 to 47.25% in 2004 and overtook the four Asian countries (Thailand, Philippines, Malaysia and Turkmenistan) that had higher Gini coefficients than China in 1993-1994

Gini index worldwide 2020, by country Statist

A Gini coefficient of 1 represents maximal inequality among the income earners. Among a large group of people, only a single person has all the income while the rest have none. A Gini coefficient value of more than one may also occur in some cases where someone contributes negatively or has negative income The Gini Coefficient or Gini Index measures the inequality among the values of a variable. Higher the value of an index, more dispersed is the data. Alternatively, the Gini coefficient can also be calculated as the half of the relative mean absolute difference. Graphical Representation of the Gini Index (Lorenz curve The sharp increase in inequality (rising Gini coefficient) started shortly after China's 1978 shift to a market based economy. Around 2000, China's Gini coefficient surpassed that of the United States, even as the GDP/Capita stayed well below that of most developed countries (see last week's blog for more data, but keep in mind the.

We introduce the Gini coefficient to assess the rationality of land use structure. The rapid transformation of land use in China provides a typical case for land use structure analysis. In this study, a land Gini coefficient (LGC) analysis tool was developed. The land use structure rationality was analyzed and evaluated based on statistical data for China between 1996 and 2008 commentators in mainland China and Hong Kong have cited the Gini coefficient to illustrate the growing income disparity seen in recent years, and some even suggested that the Gini coefficient should be used to monitor social and political stability: 0.2 or lower - egalitarian, 0.2~0.3 - relatively egalitarian

Income Inequality By Country 2021 - World Population Revie

  1. Based on decomposing the Chinese Gini coefficient from 1978 to 2006, the authors find that the key factor of income inequality comes from income disparity between rural and urban inhabitants. The authors investigate the features of this income inequality between rural and urban areas
  2. Among quite a few countries, Gini coefficient features different criteria and benchmarks. China is a typical country based on dual economy. The special national condition of huge gap between urban and rural areas make it impossible and unreasonable to simply judge China's income gap by common standards of Gini coefficient
  3. This is a list of countries or dependencies by income inequality metrics, including Gini coefficients.The Gini coefficient is a number between 0 and 1, where 0 corresponds with perfect equality (where everyone has the same income) and 1 corresponds with perfect inequality (where one person has all the income—and everyone else has no income)
  4. In China, the Gini coefficient - a commonly used measure of income inequality - rose from a relatively low level of around 0.3 in the early 1980s to 0.5 in the mid 2000s (Graph 2).2 Since 2009, China's Gini coefficient has declined a little, but it remains i

In China, the Gini coefficient - a commonly used measure of income inequality - rose from a relatively low level of around 0.3 in the early 1980s to 0.5 in the mid 2000s (Graph 2). Since 2009, China's Gini coefficient has declined a little, but it remains in the top quintile worldwide But even though the four categories of labour income and business income are all subject to progressive rates with the top marginal rate being as high as 45 per cent, when measured on the basis of the Gini coefficient, the PIT system in China had hardly any effect on reducing the inequality of household income distribution until mid‐2000s. (Carlos Barria/R) China, like the United States, has an income inequality problem: the country's GINI coefficient, a measure which tracks economic equality, was 0.474 in 2012, making it more..

Income inequality in China - Wikipedi

  1. Footnote 11 Many social commentators in mainland China and Hong Kong have cited the Gini coefficient to illustrate the growing income disparity seen in recent years, and some even suggested that the Gini coefficient should be used to monitor social and political stability: 0.2 or lower - egalitarian, 0.2 ~ 0.3 - relatively egalitarian, 0.3.
  2. The Gini coefficient is a term used in economics and is a measure of statistical dispersion of distribution of wealth or income of residents in a given country. Corrado Gini, an Italian, developed Gini coefficient. The Gini coefficient, therefore, is used to measure inequality of a given frequency distribution
  3. The Gini coefficient is based on the comparison of cumulative proportions of the population against cumulative proportions of income they receive, and it ranges between 0 in the case of perfect equality and 1 in the case of perfect inequality
  4. Estimates of China's Gini coefficient over the past ten years are few and far between. According to the United Nations Human Development Report, China's Gini index in 2001 was 0.447. A 2005.
  5. Thus, transfer and regulation regimes, combined with tightening labour markets in rural areas, have acted to mitigate inequality in China. Some evidence of this is found in Tables 2 and 3, which show the income share for each of a number of income sources and the Gini coefficients of income from each source
  6. The Gini coefficient of Time was 0.334. Figure 1 Lorenz curves of the regional distribution of health in Zhejiang province, People's Republic of China. Notes: Long dashed curve is Gini coefficient of income-expenditure, short dashed curve is Gini coefficient of time, and solid dashed curve is Gini coefficient of overall health status
  7. The Gini coefficient of China's rural, urban and national resident income has maintained stable on the whole since 2002, showing a down trend; b. The Gini coefficient of China's national resident income is higher than the international warning line in the period from 2002 to 2011

China's income inequality in the global context

  1. atory power, namely, the effectiveness of the model in differentiating between bad borrowers, who will default in the future, and good borrowers, who won't default in the future
  2. The Gini coefficients of CT scanners decreased from 0.225 to 0.153 in Zhejiang (2005-2013), from 0.336 to 0.226 in Guangdong (2005-2013), from 0.143 to 0.119 in Hunan (2005-2013), from 0.181 to 0.176 in Shanx (2006-2013), from 0.131 to 0.090 in Shaanxi (2006-2013), and from 0.238 to 0.220 across all five provinces (2006-2013)
  3. But for such an important issue, China has done a remarkably poor job of measuring and reporting on it. The Gini coefficient, a 101-year-old statistical tool that can be applied to many different..
  4. As of 2012, the official Gini coefficient in China was 0.474, although that number has been disputed by scholars who suggest China's inequality is actually far greater. A study published in the PNAS estimated that China's Gini coefficient increased from 0.30 to 0.55 between 1980 and 2002
  5. The difference between a society's rich and poor is often measured using the Gini coefficient - statistician Corrado Gini's index of how evenly income is distributed on a scale from zero to one. In..
  6. o Scale independence: the Gini coefficient does not consider the size of the economy, the way it is measured, or whether it is a rich or poor country on average. o Population independence: it does not matter how large the population of the country is. o Transfer principle: if income (less than the difference), is transferred from a rich person to a poor person the resulting distribution is mor

China: Gini coefficient 2017 Statist

  1. Even consumption data suggest increasing inequality of consumption, in both vertical and horizontal terms. The national Gini coefficient for consumption increased from 0.31 in 1993-94 to 0.36 in 2009-10, while the ratio of urban to rural consumption went up from 1.62 to 1.96
  2. The Gini coefficient. The Gini coefficients were 0.278 and 0.289 respectively in Jiaxing and Chengdu, which indicates low income inequality. Zhengzhou (0.318), Qingdao (0.329), Xiamen (0.330), Zhongshan (0.336), and Beijing (0.375) were at medium income inequality levels. The Gini coefficient of Shenzhen was 0.447, which indicates high income.
  3. 16 December 2020: New data are available for Austria, Belgium, Canada, the Czech Republic, Estonia, France, Greece, Korea, Latvia, Lithuania, Luxembourg, Poland, Portugal, the Slovak Republic, Slovenia and Spain (income year 2018), Denmark (income year 2017) and Iceland (income years 2016 and 2017)
  4. 2016). China. GINI COEFFICIENT . China's inequality high by international standards. Unofficial estimates - based on long term longitudinal household surveys - suggest that China's income inequality was more severe than the official measure, peaking at a very high 0.533 in 2010, before retreating a little in 2012 and 2014
  5. China's Gini coefficient of adjusted income is 0.16, which is a smaller figure than the coefficient based only on disposable income. This suggests improved distribution and equality when taking housing costs into considering, the authors noted. In the case of the U.S., regional inequality increased when housing costs are taken into account

Income inequality in today's China PNA

  1. The more nearly equal a country's income distribution, the closer its Lorenz curve to the 45 degree line and the lower its Gini index, e.g., a Scandinavian country with an index of 25. The more unequal a country's income distribution, the farther its Lorenz curve from the 45 degree line and the higher its Gini index, e.g., a Sub-Saharan country.
  2. Gini Coefficient Definition. The Gini coefficient, or Gini index, is derived from the Lorenz curve, and like the Lorenz curve, it measures the degree of economic equality across a given population and simplifies this reality into a single number.. How Does the Gini Coefficient Work? The Gini coefficient can vary from 0 (perfect equality, also represented as 0%) to 1 (perfect inequality, also.
  3. Inequality, as measured using the Gini coefficient, has been measured spatially at city-scales, where it has been demonstrated that wealth has spread from initially the Pearl River Delta in the 1990s, then spread to the Yangtze River Delta in 2000s, and more recently northern China has experienced economic expansion
  4. The Gini coefficient started to declined in the later years when the trade share continued to decrease due to the overspreading global financial crisis. Moreover, since 2000 when China became a member of the World Trade Organization, the Gini coefficient exceeded 0.4, the international alarm line, and kep

The Gini coefficient of China's per capita mileage of inter-provincial high-grade highway shows a declining trend year by year. According to the results from the decomposition of the contribution rate of different types of high-grade highway, the unbalanced development of inter-provincial high-grade highway is caused mainly by that of first. The rate of increase has leveled off since then, but at 0.537 Hong Kong's gini coefficient today is among the the highest in East Asia, and higher than that of the UK, Singapore, Australia, or. The Gini coefficient, a gauge ranging between zero and one that measures income equality, increased slightly to 0.465 last year, from 0.462 in 2015, according to data released by the National. A Gini of 0 means perfect equality and 100 means absolute inequality. To put this in context, Gini varies from 25 to 40 for OECD countries. Gini for China is believed to be around 50 The Gini coefficient ranges from zero, when everyone has the same income, to 1, when a single individual receives all the income.A Gini coefficient above 0.4 is often seen as an important point. Inequality above this level is frequently associated with political instability and growing social tensions

Estimating Gini Coefficient Based on Hurun Report andDid Hu and Wen Set China on The Road to a HarmoniousSustainability | Free Full-Text | Analysis of Income

The reality is almost exactly the opposite. The most widely used measure of income inequality is the Gini index, which ranges from zero — perfect equality — to 100 — perfect inequality. In 2001, China's Gini index was 44.7; In India during the 1999-2000 period, the Gini index was 32.5 The Gini coefficient is the most well-known measure of income inequality. The lower the Gini coefficient, the more equal the society is said to be The GINI coefficient (or index), published by the World Bank, is a well-accepted measure of income inequality: the higher the number, the larger the inequality

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