Colombia: Gini inequality index

* indicates monthly or quarterly data series

Gini income inequality index

 Latest value 51.50
 Year 2021
 Measure index points
 Data availability 1992 - 2021
 Average 53.71
 Min - Max 49.70 - 58.70
 Source The World Bank
For that indicator, we provide data for Colombia from 1992 to 2021. The average value for Colombia during that period was 53.71 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 2021 is 51.5 index points. For comparison, the world average in 2021 based on 22 countries is 40.51 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
Colombia - Gini inequality index - Recent values chart

Historical chart
Colombia - Gini inequality index - historical chart - 1992-2021

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 51.50 2021 index points
 Poverty ratio 39.30 2021 percent
 Poverty at 1.90 USD per day 6.60 2021 percent
 Poverty at 5.50 USD per day 39.20 2021 percent
 Top 10 percent income share 40.20 2021 percent
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