About Gini coefficient

In economics, the Gini coefficient, 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 within a nation or a social group. It was developed by Italian statistician and sociologist Corrado Gini.

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Facts from Wikidata (CC0). Image by Allice Hunter via Wikimedia Commons (CC BY-SA 4.0).

Gini coefficient

measure of inequality in income or wealth distribution

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