Iraq: Gini inequality index
* indicates monthly or quarterly data series
Iraq |
Gini income inequality index |
---|---|
Latest value | 29.50 |
Year | 2012 |
Measure | index points |
Data availability | 2006 - 2012 |
Average | 29.05 |
Min - Max | 28.60 - 29.50 |
Source | The World Bank |
The latest value from 2012 is 29.5 index points, an increase from 28.6 index points in 2006. In comparison, the world average is 36.38 index points, based on data from 83 countries. Historically, the average for Iraq from 2006 to 2012 is 29.05 index points. The minimum value, 28.6 index points, was reached in 2006 while the maximum of 29.5 index points was recorded in 2012.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
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.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Gini inequality index | 29.50 | 2012 | index points |
Poverty ratio | 18.90 | 2012 | percent |
Poverty at 1.90 USD per day | 0.10 | 2012 | percent |
Poverty at 5.50 USD per day | 24.70 | 2012 | percent |
Top 10 percent income share | 23.70 | 2012 | percent |