Guinea: Gini inequality index

* indicates monthly or quarterly data series

Gini income inequality index

 Latest value 29.60
 Year 2018
 Measure index points
 Data availability 1991 - 2018
 Average 39.77
 Min - Max 29.60 - 46.80
 Source The World Bank
For that indicator, we provide data for Guinea from 1991 to 2018. The average value for Guinea during that period was 39.77 index points with a minimum of 29.6 index points in 2018 and a maximum of 46.8 index points in 1991. The latest value from 2018 is 29.6 index points. For comparison, the world average in 2018 based on 88 countries is 35.71 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
Guinea - Gini inequality index - Recent values chart

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 29.60 2018 index points
 Poverty ratio 43.70 2018 percent
 Poverty at 1.90 USD per day 13.80 2018 percent
 Poverty at 5.50 USD per day 86.80 2018 percent
 Top 10 percent income share 23.10 2018 percent
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