Georgia - GINI index

GINI index (World Bank estimate)

The value for GINI index (World Bank estimate) in Georgia was 34.50 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 41.30 in 1998 and a minimum value of 34.50 in 2020.

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 37.10
1997 40.70
1998 41.30
1999 40.10
2000 40.50
2001 39.60
2002 37.20
2003 36.70
2004 36.20
2005 37.40
2006 36.90
2007 38.10
2008 38.50
2009 38.20
2010 39.50
2011 39.60
2012 39.00
2013 38.60
2014 37.60
2015 36.50
2016 36.60
2017 37.90
2018 36.40
2019 35.90
2020 34.50

Classification

Topic: Poverty Indicators

Sub-Topic: Income distribution