# GINI Index for Cyprus (SIPOVGINICYP)  Excel (data)  CSV (data)  Image (graph)  PowerPoint (graph)  PDF (graph)

Observation:

2015: 34
Updated: Apr 25, 2018

Units:

Index,

Frequency:

Annual
1Y | 5Y | 10Y | Max
EDIT LINE 1
(a) GINI Index for Cyprus, Index, Not Seasonally Adjusted (SIPOVGINICYP)
Gini index measures the extent to which the distribution of income or 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.

Source Indicator: SI.POV.GINI

GINI Index for Cyprus

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NOTES

Source: World Bank

Release: World Development Indicators

Frequency:  Annual

#### Notes:

Gini index measures the extent to which the distribution of income or 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.

Source Indicator: SI.POV.GINI

#### Suggested Citation:

World Bank, GINI Index for Cyprus [SIPOVGINICYP], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/SIPOVGINICYP, June 24, 2018.

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