Help us improve this section of the site. Can we get your feedback? Click here


Metadata Glossary

Indicator NameGini Coefficient (No Zero Income)
Short definitionThe Gini coefficient is most common measure of inequality. It is based on the Lorenz curve, a cumulative frequency curve that compares the distribution of a specific variable (in this case, income) with the uniform distribution that represents equality. The Gini coefficient is bounded by 0 (indicating perfect equality of income) and 1, which means complete inequality. This calculation does not includes observations of 0 income.
SourceLAC Equity Lab tabulations of SEDLAC (CEDLAS and the World Bank).
TopicIncome Inequality