Albania - GINI index

GINI index (World Bank estimate)

The value for GINI index (World Bank estimate) in Albania was 30.80 as of 2019. As the graph below shows, over the past 23 years this indicator reached a maximum value of 34.60 in 2014 and a minimum value of 27.00 in 1996.

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
1996 27.00
2002 31.70
2005 30.60
2008 30.00
2012 29.00
2014 34.60
2015 32.80
2016 33.70
2017 33.10
2018 30.10
2019 30.80

Classification

Topic: Poverty Indicators

Sub-Topic: Income distribution