Tuesday, November 29, 2011

China's GINI Index


Definition: Standard economic measure of income inequality, based on Lorenz Curve. A society that scores 0.0 on the Gini scale has perfect equality in income distribution. Higher the number over 0 higher the inequality, and the score of 1.0 (or 100) indicates total inequality where only one person corners all the income.

In 2007 China Gini index sat at 41.5, and to this day hasn’t changed much. Previously China Gini Index was around 0.25 in 1985 and has been rising ever since.


Source: Taken from

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