Namibia: Gini inequality index

* indicates monthly or quarterly data series

Gini income inequality index

 Latest value 59.1
 Year 2015
 Measure index points
 Data availability 2003 - 2015
 Average 61.13
 Min - Max 59.1 - 63.3
 Source The World Bank
For that indicator, we provide data for Namibia from 2003 to 2015. The average value for Namibia during that period was 61.13 index points with a minimum of 59.1 index points in 2015 and a maximum of 63.3 index points in 2003. The latest value from 2015 is 59.1 index points. For comparison, the world average in 2015 based on 84 countries is 36.84 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

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Namibia - Gini inequality index - recent values

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 59.10 2015 index points
 Poverty ratio 17.40 2015 percent
 Poverty at 1.90 USD per day 15.60 2015 percent
 Poverty at 5.50 USD per day 57.30 2015 percent
 Top 10 percent income share 47.30 2015 percent
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