Observation:
2021: 32.7 (+ more) Updated: Apr 2, 2024 2:16 PM CDT2021: | 32.7 | |
2020: | 33.4 | |
2019: | 34.2 | |
2018: | 35.4 | |
2017: | 34.5 | |
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Units:
Index,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: World Bank
Release: World Development Indicators
Units: Index, Not Seasonally Adjusted
Frequency: Annual
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
World Bank, GINI Index for Luxembourg [SIPOVGINILUX], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/SIPOVGINILUX, .