Albania: Gini inequality index

* indicates monthly or quarterly data series

Gini income inequality index

 Latest value 29.40
 Year 2020
 Measure index points
 Data availability 1996 - 2020
 Average 31.01
 Min - Max 27.00 - 34.60
 Source The World Bank
For that indicator, we provide data for Albania from 1996 to 2020. The average value for Albania during that period was 31.01 index points with a minimum of 27 index points in 1996 and a maximum of 34.6 index points in 2014. The latest value from 2020 is 29.4 index points. For comparison, the world average in 2020 based on 53 countries is 35.03 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Albania - Gini inequality index - Recent values chart

Historical chart
Albania - Gini inequality index - historical chart - 1996-2020

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.

 Related indicators Latest value Reference Measure
 Gini inequality index 29.40 2020 index points
 Poverty ratio 22.00 2020 percent
 Poverty at 1.90 USD per day 0.00 2020 percent
 Poverty at 5.50 USD per day 13.70 2020 percent
 Top 10 percent income share 22.80 2020 percent
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