Income Inequality–GINI index

A number that ranges from 0 to 1 – to capture the Income inequality for a COUNTRY. By itself, the number means little, but in comparison with other countries, can convey much.

A GINI index of 1 – would be if ONE family had ALL the INCOME in a country. And 0 would be perfect distribution across every citizen of a country.

The U.S., for e.g.. has a GINI index of close to .46 – which has gone UP from the last 40 years. This means, Income Distribution, though always skewed towards the already wealthy, became more skewed in their favor.

Cloud Advisory Services | Security Advisory Services | Data Science Advisory and Research

Specializing in high volume web and cloud application architecture, Anuj Varma’s customer base includes Fortune 100 companies (dell.com, British Petroleum, Schlumberger).

All content on this site is original and owned by AdverSite Web Holdings, Inc. – the parent company of anujvarma.com. No part of it may be reproduced without EXPLICIT consent from the owner of the content.

Anuj Varma – who has written posts on Anuj Varma, Technology Architect.


Leave a Reply

Your email address will not be published. Required fields are marked *