Finland: Gini inequality index

* indicates monthly or quarterly data series

Gini income inequality index

 Latest value 27.1
 Year 2020
 Measure index points
 Data availability 1987 - 2020
 Average 26.85
 Min - Max 22.2 - 28.3
 Source The World Bank
For that indicator, we provide data for Finland from 1987 to 2020. The average value for Finland during that period was 26.85 index points with a minimum of 22.2 index points in 1987 and a maximum of 28.3 index points in 2007. The latest value from 2020 is 27.1 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
Finland - Gini inequality index - recent values

Historical chart
Finland - Gini inequality index - historical chart - 1987-2020

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 27.10 2020 index points
 Poverty ratio 12.70 2021 percent
 Poverty at 1.90 USD per day 0.00 2020 percent
 Poverty at 5.50 USD per day 0.10 2020 percent
 Top 10 percent income share 22.60 2020 percent
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