The description is composed by our digital data assistant. Índice de Gini Banco Mundial, Grupo de investigaciones sobre el desarrollo. Find Out, Online tool for visualization and analysis. Gender Inequality Index (GII) n.a. It presents the most current and accurate global development data available and includes national, regional, and global estimates. Index, Annual, Not Seasonally Adjusted 1984 to 2015 (2018-09-27) GINI Index for Canada . If income were distributed with perfect equality the index would be zero; if income were distributed with perfect inequality, the index would be 100. Chile China Colombia Comoros Congo Costa Rica Croatia Cyprus Czech Republic Dem. Index, Annual, Not Seasonally Adjusted 1971 to 2017 (Oct 8) GINI Index for the United Kingdom . Release: Maternal mortality ratio (deaths per 100,000 live births) n.a. Definition: 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. Series from World Development Indicators. Chile - GINI index (World Bank estimate) The value for GINI index (World Bank estimate) in Chile was 46.60 as of 2017. For more information and methodology, please see PovcalNet (iresearch.worldbank.org/PovcalNet/index.htm). Human Development Index (HDI), female: n.a. December 12, 2020. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).Source Indicator: SI.POV.GINIWorld Bank collection of development indicators, compiled from officially recognized international sources. Gini index measures the extent to which the distribution of income or consumption expenditure among individuals or households within an economy deviates from a perfectly equal distribution. Export Explore data View Ranking Bookmark The more unequal a country's income distribution, the higher its Gini index, e.g., a Sub-Saharan country with an index of 50. retrieved from FRED, Gini Ratios for Households, by Race and Hispanic Origin of Householder [<1.0 MB] Table F-1. Developed by Italian statistician Corrado Gini in 1912, the Gini coefficient is the most commonly used measure of inequality. Federal Reserve Bank of St. Louis, Los datos se basan en datos primarios obtenidos de encuestas de hogares de los organismos de estadística del gobierno y los departamentos de país del Banco Mundial. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality. Please review the copyright information in the series notes before sharing. Index, Not Seasonally Adjusted, Frequency: The World Bank labels these annual series, but several observations are missing. We've looked at the Gini index, the most widely used international measure of inequality - for which the higher the number, the greater the inequality. India GINI index was 47.9 % in 2018, unchanged from the previous year. Gini coefficients are used to measure the wealth distribution across many countries. The more nearly equal a country's income distribution, the closer its Lorenz curve to the 45 degree line and the lower its Gini index, e.g., a Scandinavian country with an index of 25. Few regions in the world are as unequal as Latin America. One Federal Reserve Bank Plaza, Gini index measures the extent to which the distribution of income or consumption expenditure among individuals or households within an economy deviates from a perfectly equal distribution. 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. The latest statistics for Chile show a Gini index of 52. Value & Rank The GINI index of Chile is 52.1 with a global rank of 19. 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. 20 July 2020: New data are available for Finland, Norway, Sweden and the United Kingdom (income year 2018), the Slovak Republic (income year 2017) and Switzerland (income years 2016 and 2017). In the future, Sapelli estimates a value of 0.35 for the Gini coefficient, allowing Chile to reach an even lower index than the 0.49 corresponding to the United States (2010). Income Limits for Each Fifth and Top 5 Percent of Families. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). As the graph below shows, over the past 30 years this indicator reached a maximum value of 57.20 in 1990 and a minimum value of 46.60 in 2017. Gini impurity measures the degree or probability of a particular variable being wrongly classified when it is randomly chosen Data in this graph are copyrighted. Human Development Index (HDI), male: n.a. https://fred.stlouisfed.org/series/SIPOVGINICHL, Mandatory paid maternity leave (days) n.a. St. Louis, MO 63102, http://iresearch.worldbank.org/PovcalNet/index.htm, More Gini index (World Bank estimate) - Chile World Bank, Development Research Group. gini index Select a Poverty Line International Poverty Line ($1.90) Lower Middle Income Poverty Line ($3.20) Upper Middle Income Poverty Line ($5.50) Select a Poverty Line International Poverty Line ($1.90) Lower Middle Income Poverty Line ($3.20) Upper Middle Income Poverty Line ($5.50) Are you sure you want to remove this series from the graph? Chile also held the highest position among Latin American nations in the 2019 UN Human Development Index. GINI index of Chile fell gradually from 54.9 % in 1996 to 44.4 % in 2017. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. The Gini index, a widely used statistic that measures income inequality, fell from 52 in 1990 to about 48 in 2015. ... Chile: Gini … To learn more about cookies, click here. Annual. Prevalence of female genital mutilation/cutting among girls and women (% of girls and young women ages 15–49) n.a. The Gini index or Gini coefficient is a statistical measure of distribution measuring income distribution or, less commonly, wealth distribution among a population. 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. If you continue to navigate this website beyond this page, cookies will be placed on your browser. This site uses cookies to optimize functionality and give you the best possible experience. The index is the ratio of (a) the area between a country's Lorenz curve and the 45 degree helping line to (b) the entire triangular area under the 45 degree line. According to the Organization for Economic Cooperation and Development (OECD), economic inequality in Chile is a major problem. Index, Annual, Not Seasonally Adjusted 1987 to 2017 (Mar 20) GINI Index for Malaysia . Gini index measures the extent to which the distribution of income or consumption expenditure among individuals or households within an economy deviates from a perfectly equal distribution. Releases from World Bank, More The Gini coefficient is based on the comparison of cumulative proportions of the population against cumulative proportions of income they receive, and it ranges between 0 in the case of perfect equality and 1 in the case of perfect inequality. Out of the 20 most unequal countries worldwide when measuring income inequality on the Gini Index, eight are Latin American while the rest are in Sub-Saharan Africa.On average, the region has a Gini Index around 41.0 when looking at wage inequality specifically, compared to the OECD’s average of 31.8, per the World Bank’s 2018 … Federal Reserve Bank of St. Louis; GINI Index for Chile [SIPOVGINICHL], Categories > International Data > Indicators > Population, Employment, & Labor Markets > Income Distribution. El Salvador recorded the lowest Gini coefficient at 38, even below Uruguay and Chile, which are some of the countries with the highest human development indexes in Latin America. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. The Gini index is a measure of the distribution of income across a population. A higher Gini index indicates greater inequality, with high income individuals receiving much … World Development Indicators, Units: If income were distributed with perfect equality the index would be zero; if income were distributed with perfect inequality, the index would be 100. The more unequal a country's income distribution, the higher its Gini index, e.g., a Sub-Saharan country with an index of 50. For more information and methodology, please see PovcalNet (, Poverty headcount ratio at national poverty lines (% of population), Poverty gap at $3.20 a day (2011 PPP) (%), Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population), Multidimensional poverty headcount ratio (% of total population), Multidimensional poverty headcount ratio, male (% of male population), Multidimensional poverty index, children (population ages 0-17) (scale 0-1), Poverty headcount ratio at $5.50 a day (2011 PPP) (% of population), Multidimensional poverty headcount ratio, household (% of total households), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building, iresearch.worldbank.org/PovcalNet/index.htm. Gini Ratios for Households, by Race and Hispanic Origin of Householder. > 0.95 The Gini coefficient, sometimes called the Gini Index or Gini ratio, is a statistical measure of distribution intended to represent the income or wealth distribution of a nation. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. World Bank, Development Research Group. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality. In economics, the Gini coefficient (/ ˈ dʒ iː n i / JEE-nee), sometimes called the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income inequality or wealth inequality within a nation or any other group of people. 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. GINI Index for Chile . Its Gini coefficient value stands at a record 0.50, one of the highest inequality coefficients in the world. This is a list of countries or dependencies by income inequality metrics, including Gini … Sapelli also measures the intra and inter-generation mobility in Chile. Income inequality among individuals is measured here by five indicators. F Furthermore, the OECD reports that, “38% of Chileans find it difficult or very difficult to live on their current income, well … World Bank, The Gini Coefficient The Gini coefficient or Gini index is a statistical measure of distribution to represent the income or wealth of a country’s residents. This can not be undone. The Gini coefficient was developed by Italian statistician Corrado Gini in 1912 and is the most commonly used measurement of wealth or income inequality. Coefficient was developed by Italian statistician Corrado Gini in 1912 and is most. 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