Ecuador - GINI index

GINI index (World Bank estimate)

The value for GINI index (World Bank estimate) in Ecuador was 47.30 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 58.60 in 1999 and a minimum value of 44.70 in 2017.

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.

Source: World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. For more information and methodology, please see PovcalNet (http://iresearch.worldban

See also:

Year Value
1994 53.40
1999 58.60
2000 56.40
2003 53.50
2004 53.90
2005 53.10
2006 52.30
2007 53.40
2008 49.80
2009 48.50
2010 48.80
2011 45.90
2012 46.10
2013 46.90
2014 45.00
2015 46.00
2016 45.00
2017 44.70
2018 45.40
2019 45.70
2020 47.30

Classification

Topic: Poverty Indicators

Sub-Topic: Income distribution