Calculate the Gini coefficient from income distribution data using the Lorenz curve area method. Values range 0 (perfect equality) to 1 (maximum inequality). Used by the World Bank and UN to compare inequality across nations.
Calculate the Gini coefficient from income distribution data using the Lorenz curve area method. Values range 0 (perfect equality) to 1 (maximum inequality). Used by the World Bank and UN to compare inequality across nations
Each component has a specific meaning:
Note: Interpret the gini coefficient result against the thresholds and context described above.
Enter the income distribution data for the scenario you are assessing. Calculate the Gini coefficient from income distribution data using the Lorenz curve area method. Values range 0 (perfect equality) to 1 (maximum inequality). Used by the World Bank and UN to compare inequality across nations. Use the gini coefficient result to inform your calculation.