Finland: Gini inequality index

* indicates monthly or quarterly data series
 Finland

Gini income inequality index

 Latest value 27.70
 Year 2021
 Measure index points
 Data availability 1987 - 2021
 Average 26.89
 Min - Max 22.20 - 28.30
 Source The World Bank
The latest value from 2021 is 27.7 index points, an increase from 27.1 index points in 2020. In comparison, the world average is 35.35 index points, based on data from 68 countries. Historically, the average for Finland from 1987 to 2021 is 26.89 index points. The minimum value, 22.2 index points, was reached in 1987 while the maximum of 28.3 index points was recorded in 2007. 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 data
Finland - Gini inequality index - Recent values chart

Historical series
Finland - Gini inequality index - historical chart - 1987-2021




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.

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 Related indicators Latest Reference Measure
 Gini inequality index 27.70 2021 index points
 Poverty ratio 12.20 2022 percent
 Poverty at 1.90 USD per day 0.00 2021 percent
 Poverty at 5.50 USD per day 0.10 2021 percent
 Top 10 percent income share 22.90 2021 percent
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