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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) 

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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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