2022 Income Inequality Decreased for First Time Since 2007 - Census.gov
The 2022 data suggest that declines in real income at the middle and top of the income distribution drove the decrease in the Gini index. At the 90th percentile, 10% of households in 2022 had income above $216,000, down 5.5% from the 2021 estimate of $228,600.
Who, What, Why: What is the Gini coefficient? - BBC News
Mar 12, 2015 · Fifty years ago, Corrado Gini, inventor of the Gini coefficient, which measures income inequality, died. How does it work, asks Chris Stokel-Walker.
Economic Inequality - Our World in Data
Global economic inequality is vast and compounded by overlapping inequalities in health, education, and many other dimensions. But economic inequality is not rising everywhere. Within many countries, it has fallen or remained stable. And global inequality – after two centuries of increase – is now falling too.
CNA Explains: What's the Gini coefficient and what does it say …
Feb 21, 2024 · The Gini coefficient can help nudge countries to come up with policies giving lower-income citizens the boost they need. The figure can also help countries set a goal in narrowing the income...
Gini Coefficient News, Research and Analysis - The Conversation
Jul 6, 2023 · An analysis of what’s known as the Gini coefficient offers some clues on what makes one society more unequal in terms of income than another. A great deal of detail about poverty and inequality...
Income inequality: Gini coefficient - Our World in Data
Oct 7, 2024 · The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality. Depending on the country and year, the data relates to income measured after taxes and benefits, or to consumption, per capita.
Japan records its second-worst income disparity as society ages
Aug 23, 2023 · The Gini coefficient--an index that measures income inequality on a scale ranging between 0 and 1--rose to 0.5700 based on initial income, or before distribution through taxation and social...
Inside the World Bank’s new inequality indicator: The number of ...
Jun 17, 2024 · The new World Bank indicator on within-country inequality uses the Gini Index of income or consumption as the measure of inequality and classifies countries with a Gini Index greater than 40 as highly unequal.
Global inequality at lowest level in nearly 150 years - Axios
Jun 14, 2023 · By the numbers: Inequality is measured using the Gini coefficient, which runs on a scale from 0 (perfect equality) to 100 (where one person would have all of the world's income). On that scale, inequality fell from 69 in 2000 to 60 in 2018 — …
2023 income inequality exceeded 1950s levels in India, says report
3 days ago · The Gini coefficient measures the extent to which the distribution of income among individuals or households within an economy deviates from a perfectly equal distribution. A Gini index of 0 represents perfect equality, while a coefficient of 1 implies perfect inequality. The higher the value, the greater the income inequality.