Micronesia: Gini inequality index

(measure: index points; Source: The World Bank)
* indicates monthly or quarterly data series

Micronesia: Gini income inequality index

: For that indicator, The World Bank provides data for Micronesia from 2005 to 2013. The average value for Micronesia during that period was 41.25 index points with a minimum of 40.1 index points in 2013 and a maximum of 42.4 index points in 2005. The latest value from 2013 is 40.1 index points. For comparison, the world average in 2013 based on 75 countries is 36.61 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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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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