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Gini Coefficient

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PPGPortal > Home > Concept Dictionary > F, G, H > Gini Coefficient

Gini Coefficient 

A measure of the way in which different groups of households receive differing shares of total household income.

(United Kingdom National Statistics) 


The Gini coefficient is the most common universal measurement of income inequality and is expressed as a ratio between 0 and 1, where 0 is complete income equality and 1 reflects complete income inequality.


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