PEACE The Case For Democracy

GINI INDEX

The GINI INDEX measures Income Distribution across a population.

It was developed by the Italian statistician Corrado Gini in 1912.

It is still seen as the leading gauge of economic equality in a nation.

The INDEX ranges from 1 to 0

1 Implies that ONE person owns everything

0 Implies perfect equality -> every person owns the same

So, the LOWER the score the better!

3

Made with FlippingBook - Online magazine maker