The Gini coefficient measures how far the actual Lorenz curve for a society's income or wealth is from the line of equality. Both the Lorenz curve and the line of equality are plotted on a graph.

One is to build graphs showing how the share of the nation's income has changed over time for particular income groups. ... But the Gini coefficient is not a perfect measure of inequality.

Is South Africa truly the most unequal country in the world? This article challenges the widely accepted Gini Coefficient, revealing how it overlooks significant black wealth and social progress, and ...

Is the Gini coefficient still a relevant measure of inequality in South Africa? This article explores its limitations and advocates for the continued use of robust statistical measures in policy-makin ...

Fifty years ago, Corrado Gini, inventor of the Gini coefficient, which measures income inequality, died. How does it work, asks Chris Stokel-Walker. When Italian statistician - and former fascist ...

We recently compiled a report on the 30 Countries with Highest Gini Coefficient and in this article we will look at the country with the highest wealth inequality. Inequality among the Top 10% and ...

[su_box title="What the Gini misses, by Tom Clark"]In recent years, the argument about inequality has come to centre on a single statistic—the Gini coefficient. It seems a strange thing to argue about ...

Japan’s income inequality hit its second-worst level on record, according to a labor ministry survey conducted in 2021. The Gini coefficient--an index that measures income inequality on a scale ...

BEIJING (Caixin Online) — For the eleventh year in a row, Chinese officials say they cannot publish the nation’s Gini coefficient — a common measure of income inequality used worldwide. The ...

Fifty years ago, Corrado Gini, inventor of the Gini coefficient, which measures income inequality, died. How does it work, asks Chris Stokel-Walker. When Italian statistician - and former fascist ...