Gini Index for China
Indicator Definition:
Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.
The statistic "Gini Index" stands at 36.00 percent as of 12/31/2022.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.3 percentage points compared to the value the year prior.
The 1 year change in percentage points is 0.3.
The 3 year change in percentage points is -2.20.
The 5 year change in percentage points is -3.10.
The 10 year change in percentage points is -6.20.
The Serie's change in percentage points from it's minimum value, on 12/31/1984, to it's latest available value, on 12/31/2022, is +8.90.
The Serie's change in percentage points from it's maximum value, on 12/31/2010, to it's latest available value, on 12/31/2022, is -7.70.
| Measure | Realization |
| Indicator Name: | Gini index |
| Indicator Source: | World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org | macro-rankings.com |
| Indicator Description: | Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality. |
| Observations earliest Date: | 12/31/1981 |
| Observations latest Date: | 12/31/2022 |