Gini Index

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7 Terms

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Measures?

Income Inequality within a population

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Developed by?

1912; Italian statistician Corrado Gini

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Index is derived from?

Lorenz Curve

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India’s Gini Index in 2011 - 2012

28.8

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Gini scores between?

1 to 100

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India’s current score?

25.5 (moderately low economy) - the lower the score, the more equal the country is

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India ranks ahead of countries with higher inequalities?

China (35.7)

US (41.8)