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> Gini coefficient: 0.505 > Median household income: $38,227 > Poverty rate: 28.6% > Pct. earning more than $200,000: 2.6% The Athens metropolitan area is one of the poorest urban areas in the ...
A deeply misleading narrative has recently been doing the rounds — that India is the ‘fourth most equal country in the world’ ...
Arkansas ranked eighth out of 50 states for income inequality, with the top 5% of the population holding a 23.37% share of ...
Gini Coefficient is a popular statistical measure to gauge the rich-poor income or wealth divide. It measures inequality of a distribution — be it of income or wealth — within nations or States.
The Gini coefficient is measured on a scale of zero to one. A Gini of zero indicates that everyone in the defined group shares income equally.
A higher Gini coefficient closer to one means a limited middle class and concentrated wealth or poverty. As of 2012, Sebastian and Vero Beach, Fla., had the highest level of income inequality in ...
When the board asked him to consider applying, he took time off to think it over. “I gave it plenty of thought and decided things here at the NRF are now on track. I also thought it might be time to ...
Gini coefficients and the top income share can paint different pictures. Argentina’s Gini, for instance, has fallen sharply over the past decade even as the share of income going to the top 1% ...
The study noted that the Philippines registered a Gini coefficient of 44 percent last year, higher than Thailand’s 42.5 percent, Indonesia’s 39.4 percent, Malaysia’s 37.9 percent and Vietnam ...
Announcing the report findings, commissioner for census and statistics Leslie Tang Wai-kong pointed out that the Gini coefficient – an index from 0 to 1 that measures the wealth gap – for ...
However, it is also among the most unequal. In a global ranking by Gini coefficient, a measure of income inequality, South Africa comes off as one of the worst (of a generally bad bunch).
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