Gini Coefficient
Definition
A 0-to-1 measure of income inequality. 0 = perfectly equal; 1 = one person has everything.
Example
Scandinavian countries typically score 0.25–0.30; the United States, around 0.40.
A 0-to-1 measure of income inequality. 0 = perfectly equal; 1 = one person has everything.
Scandinavian countries typically score 0.25–0.30; the United States, around 0.40.