What is the Gini index for China?

What is the Gini index for China?

In 2019, China reached a score of 46.5 (0.465) points. The Gini Index is a statistical measure that is used to represent unequal distributions, e.g. income distribution. It can take any value between 1 and 100 points (or 0 and 1). The closer the value is to 100 the greater is the inequality.

Does China have a high Gini coefficient?

The level of income inequality in China today is very high. According to the official data (which do not provide micro information that can be independently verified), China’s Gini coefficient (a measure of inequality that ranges from 0 to 1) is around 0.47. By comparison, that of the United States is around 0.41.

Why does China have a high Gini coefficient?

According to research published in the China Economic Review, population aging is “largely responsible for the sharp increase in income inequality in rural China,” especially at the beginning of the 2000s.

What was Canada’s Gini index in 2011?

Indicator data table

Year Gini coefficient
Year 2010 Gini coefficient 0.315
Year 2011 Gini coefficient 0.312
Year 2012 Gini coefficient 0.318
Year 2013 Gini coefficient 0.319

Which country has the lowest Gini coefficient?

Many European countries have some of the lowest Gini coefficients, such as Slovenia, Czechia, Slovakia, Belarus, Moldova, and Ukraine….The countries with the highest Gini coefficients are:

  • Sao Tome and Principe – 56.3.
  • Eswatini – 54.6.
  • Mozambique – 54.0.
  • Brazil – 53.9.
  • Hong Kong – 53.9.
  • Botswana – 53.3.
  • Honduras – 52.1.

Which country has the least inequality?

On the opposite end, the following countries have the least income inequality: Azerbaijan – 22.5. Slovenia – 24.4….The Gini Coefficient

  • South Africa 62.7.
  • Namibia – 59.2.
  • Zambia – 58.1.
  • Mozambique – 53.9.
  • Botswana – 53.4.
  • Brazil – 53.1.
  • Angola – 51.3.
  • Colombia – 51.

Where does World Bank get Gini index data?

GINI index (World Bank estimate) World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments.

What was the Gini coefficient of China in 2017?

This statistic shows the Gini coefficient in China 2007-2017. In 2017, China reached a Gini coefficient of 46.7 (0.467) points. The Gini coefficient (or Gini index) is a statistical measure that

Where does income inequality in China come from?

A study found that variations across Chinese provinces account for about 12% of the country’s overall income inequality. Research on economic growth after the opening of the Chinese economy has shown that between 1989 and 2004, income in coastal provinces more than tripled whilst that in inland provinces doubled.

When did the income gap in China reach its widest?

Despite steady growth of China’s economy since economic reforms in 1978, the rural-urban income gap reached its widest in more than three decades in 2009.

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