Colombia: Gini inequality index

(measure: index points; Source: The World Bank)
* indicates monthly or quarterly data series

Colombia: Gini income inequality index

, 1992 - 2017: For that indicator, we provide data for Colombia from 1992 to 2017. The average value for Colombia during that period was 54.14 index points with a minimum of 49.7 index points in 2017 and a maximum of 58.7 index points in 1999. The latest value from 2017 is 49.7 index points. For comparison, the world average in 2017 based on 24 countries is 40.27 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

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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.
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