Balancing wealth in an unequal world When wealth tips the scales, the Gini coefficient tells us by how much. (more) Gini coefficient economics Ask the Chatbot a Question More Actions Share Share Share to social media Facebook X URL https://www.britannica.com/topic/Gini-Coefficient Feedback Corrections? Updates? Omissions? Let us know if you have suggestions to improve this article (requires login). Feedback Type Select a type (Required) Factual Correction Spelling/Grammar Correction Link Correction Additional Information Other Your Feedback Submit Feedback Thank you for your feedback Our editors will review what you’ve submitted and determine whether to revise the article.

　　External Websites Ask the Chatbot a Question Also known as: Gini index, Gini ratio Written by Sanat Pai Raikar Sanat Pai Raikar is a quizmaster and writer based out of Bangalore, India. His first quiz book, Three's A Quiz, was written from memory. Sanat has cofounded Quizarre, which provides quiz, crossword,... Sanat Pai Raikar Fact-checked by The Editors of Encyclopaedia Britannica Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree.... The Editors of Encyclopaedia Britannica Last Updated: Aug 26, 2025 • Article History Table of Contents Table of Contents Ask the Chatbot Also called: Gini index or Gini ratio (Show more) Key People: Corrado Gini (Show more) Why is income inequality so much worse in some countries than others? One of the most widely used tools for answering that question is the Gini coefficient, a statistical measure that captures how evenly (or unevenly) income is distributed within a population. The Gini coefficient compares actual income distribution to a hypothetical situation of perfect equality where everyone earns the same amount. The result is expressed on a scale from 0 to 1, allowing straightforward comparisons between different countries or over time. A Gini of 0 indicates perfect equality, while 1 indicates that all income goes to one person and ...(100 of 1102 words)

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