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1 List of countries by income inequality based on Gini coefficient. 2 List of EU countries by income inequality based on Gini coefficient. ... 2022 28.46 2022 Botswana:
This is list of countries by their inequality adjusted income, as defined and measured by the United Nations Development Programme. [1] The income index is one component of the Human Development Index, but is also used separately. [2] The adjustment of income for inequality based on the Gini coefficient was first proposed by Amartya Sen in 1976 ...
Gini: Higher Gini coefficients signify greater inequality in wealth distribution. A Gini coefficient of 0 reflects perfect wealth equality, where all wealth values are the same, while a Gini coefficient of 1 (or 100%) reflects maximal wealth inequality, a situation where a single individual has all the wealth while all others have none.
World Inequality Report is a report by the World Inequality Lab at the Paris School of Economics that provides estimates of global income and wealth inequality based on the most recent findings compiled by the World Inequality Database (WID).
Botswana exported $3.12k worth of electricity from 2021 to 2022, all going to Zimbabwe. [57] In early 2008, the entire southern African region was hit hard by massive shortages of power, since the region works to share its power resources through the Southern African Power Pool , with most of its capacity coming from South Africa.
Given the differences in price levels, the size of higher income countries is inflated, while the size of lower income countries is depressed in the comparison. PPP-based cross-country comparisons of GDP at its expenditure components only reflect differences in economic outputs (volume), as PPPs control for price level differences between the ...
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 ...
Gini coefficients are simple, and this simplicity can lead to oversights and can confuse the comparison of different populations; for example, while both Bangladesh (per capita income of $1,693) and the Netherlands (per capita income of $42,183) had an income Gini coefficient of 0.31 in 2010, [72] the quality of life, economic opportunity and ...