Montenegro: Gini inequality index

* indicates monthly or quarterly data series
 Montenegro

Gini income inequality index

 Latest value 34.30
 Year 2021
 Measure index points
 Data availability 2012 - 2021
 Average 37.56
 Min - Max 34.30 - 41.20
 Source The World Bank
The latest value from 2021 is 34.3 index points, a decline from 35.4 index points in 2020. In comparison, the world average is 35.35 index points, based on data from 68 countries. Historically, the average for Montenegro from 2012 to 2021 is 37.56 index points. The minimum value, 34.3 index points, was reached in 2021 while the maximum of 41.2 index points was recorded in 2012. 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
Montenegro - Gini inequality index - Recent values chart

Historical series
Montenegro - Gini inequality index - historical chart - 2012-2021




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 34.30 2021 index points
 Poverty ratio 21.20 2020 percent
 Poverty at 1.90 USD per day 2.00 2021 percent
 Poverty at 5.50 USD per day 12.20 2021 percent
 Top 10 percent income share 24.70 2021 percent
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