Federal Reserve Economic Data

GINI Index for Tonga (SIPOVGINITON)

Observation:

2021: 27.1 (+ more)   Updated: Apr 2, 2024 2:17 PM CDT
2021:  27.1  
2020:  .  
2019:  .  
2018:  .  
2017:  .  
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Units:

Index,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: World Bank  

Release: World Development Indicators  

Units:  Index, Not Seasonally Adjusted

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 Tonga [SIPOVGINITON], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/SIPOVGINITON, .

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