The Gini index, or Gini coefficient, is a summary measure of income inequality representing how income distribution varies compared with an equal outcome. States with the lowest Gini index figures ...

Gini coefficient: The most common measure of inequality is the Gini coefficient. It is based on the Lorenz curve, a cumulative frequency curve that compares the distribution of a specific variable ...

Income (or wealth) inequality is measured using the normalised Gini coefficient. The normalised Gini coefficient (unlike the traditional Gini coefficient) takes into account negative values in a ...

The low-income threshold represents the same purchasing power for all ... The level is based on the welfare benefit level for a single person in 1979. Income inequality The Gini coefficient is a ...

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 ...

Nonetheless, 2024 marks the third consecutive year that the median monthly employment income for households has exceeded the ...