Gini index

Popular Terms
Standard economic measure of income inequality, based on Lorenz Curve. A society that scores 0.0 on the Gini scale has perfect equality in income distribution. Higher the number over 0 higher the inequality, and the score of 1.0 (or 100) indicates total inequality where only one person corners all the income. It is used also as a measure of other distributional inequalities such as market share. Named after its inventor, the Italian statistician Corrado Gini (1884-1965). Also called Gini coefficient or index of concentration.

Use 'Gini index' in a Sentence

I wondered how we ranked on the gini index, because I knew that it was very important and would determine a lot of future choices.
20 people found this helpful
You should try to break down the gini index to find out where the people with the most money live in your city.
19 people found this helpful
Based on its high Gini Index score, economists have determined that the United Arab Emirates has a largely unequal distribution of income among its citizens.
16 people found this helpful




Email Print Embed

                                      1. 974605593 2018-01-22
                                      2. 329857592 2018-01-22
                                      3. 768829591 2018-01-22
                                      4. 240135590 2018-01-22
                                      5. 166186589 2018-01-22
                                      6. 720431588 2018-01-22
                                      7. 856792587 2018-01-22
                                      8. 998593586 2018-01-22
                                      9. 91912585 2018-01-22
                                      10. 720707584 2018-01-22
                                      11. 561773583 2018-01-21
                                      12. 527306582 2018-01-21
                                      13. 376155581 2018-01-21
                                      14. 279163580 2018-01-21
                                      15. 833884579 2018-01-21
                                      16. 480651578 2018-01-21
                                      17. 768512577 2018-01-21
                                      18. 694657576 2018-01-21
                                      19. 665167575 2018-01-20
                                      20. 576171574 2018-01-20