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The Gini coefficient is a number between 0 and 1 or 100, where 0 represents perfect equality (everyone has the same income), while an index of 1 or 100 implies perfect inequality (one person has all the income and everyone else has no income).
Pakistan generally has a low Gini coefficient and therefore a decent distribution of income (relatively lower inequality). [12] In 2015, 24.3% Pakistanis lived below Pakistan's definition of poverty. [13] Statistics vary due to the definition of poverty. According to the World Bank, poverty in Pakistan fell from 64.3% in 2001 to 24.3% in 2015 ...
In economics, the Gini coefficient (/ ˈ dʒ iː n i / JEE-nee), also known as the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income inequality, the wealth inequality, or the consumption inequality [2] within a nation or a social group. It was developed by Italian statistician and sociologist ...
This is a list of countries by inequality-adjusted Human Development Index (IHDI), as published by the UNDP in its 2024 Human Development Report.According to the 2016 Report, "The IHDI can be interpreted as the level of human development when inequality is accounted for", whereas the Human Development Index itself, from which the IHDI is derived, is "an index of potential human development (or ...
Gini coefficient. 31.6 medium (2018, World Bank) [15] Human Development Index. 0.564 low (2024) [16] ... The economy of Pakistan is categorized as a developing economy.
Share of income of the top 1% for selected developed countries, 1975 to 2015 Differences in national income equality around the world as measured by the national Gini coefficient as of 2018. [1] The Gini coefficient is a number between 0 and 100, where 0 corresponds with perfect equality (where everyone has the same income) and 100 corresponds ...
Greenland (2015): Gini Index coefficient. CIA World Factbook. Retrieved on 16 July 2021. Saudi Arabia (2013): The World Factbook. CIA.gov. Central Intelligence Agency. Retrieved on 28 May 2019. Cambodia (2013): Income Gini coefficient. hdr.undp.org. World Bank. Archived from the original on 10 June 2010. Retrieved on 29 January 2020.
The Wealth Gini coefficients from 2008 are based on a working paper published by the National Bureau of Economic Research. [5] The Wealth Gini numbers for 2018, 2019, and 2021 come from the Global Wealth Databook by Credit Suisse. [6] [7] [8] * indicates "Wealth inequality in COUNTRY or TERRITORY" or "Income inequality in COUNTRY or TERRITORY ...