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Quarterly External Debt Statistics GDDS was updated on January 17, 2025
Quarterly External Debt Statistics SDDS was updated on January 17, 2025
Global Economic Prospects was updated on January 16, 2025
World Development Indicators was updated on December 16, 2024
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Code
3.0.Gini_nozero
Indicator Name
Gini Coefficient (No Zero Income)
Short definition
The 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.
Source
LAC Equity Lab tabulations of SEDLAC (CEDLAS and the World Bank).
Topic
Income Inequality
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