Sweden - GINI index

GINI index (World Bank estimate)

The value for GINI index (World Bank estimate) in Sweden was 29.30 as of 2019. As the graph below shows, over the past 52 years this indicator reached a maximum value of 34.00 in 1967 and a minimum value of 22.90 in 1981.

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
1967 34.00
1975 24.30
1981 22.90
1987 23.10
1992 24.90
1995 25.20
2000 27.20
2003 25.30
2004 26.10
2005 26.80
2006 26.40
2007 27.10
2008 28.10
2009 27.30
2010 27.70
2011 27.60
2012 27.60
2013 28.80
2014 28.40
2015 29.20
2016 29.60
2017 28.80
2018 30.00
2019 29.30

Classification

Topic: Poverty Indicators

Sub-Topic: Income distribution