Denmark

Gini Income Inequality Index

27.7
Source: IMF

Global Ranking

145
Croatia28.9
146
Kazakhstan27.8
146
Kiribati27.8
148
Norway27.7
148
Finland27.7
148
Denmark27.7
151
Algeria27.6
152
Belgium27.2
153
Azerbaijan26.6

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Definition of Gini Income Inequality Index

Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. 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.

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