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India's poverty rate of 28.1% challenges its claim as one of the most equal societies, Congress urges policy change.
According to the World Bank, India's Gini Index stands at 25.5, making it the fourth most equal country in the world, after ...
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 ...
The Gini coefficient has many advantages. It is easy to calculate, allows changes in inequality to be tracked over time, and enables cross-region and cross-country comparisons. But the Gini ...
Gini Coefficient: 88.6%. South Africa’s bottom 50% earns around €1,300, while the top 10% earns over €82,500, 60 times more than the bottom 50% population.
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.
Its Gini coefficient was last measured in 2014, and it was 48.5. Mihai-Bogdan Lazar/Shutterstock.com. 24. Nigeria. For some time Nigeria has been grouped among the poorest countries in the world.
Is South Africa truly the most unequal country in the world? This article challenges the widely accepted Gini Coefficient, ...
The Gini coefficient after redistribution, which takes into account public pension benefits and other factors, also rose to 0.3813, up from 0.3721 in the 2017 survey.