Nigeria: Gini inequality index

* indicates monthly or quarterly data series

Gini income inequality index

 Latest value 35.10
 Year 2018
 Measure index points
 Data availability 1985 - 2018
 Average 39.74
 Min - Max 35.10 - 51.90
 Source The World Bank
For that indicator, we provide data for Nigeria from 1985 to 2018. The average value for Nigeria during that period was 39.74 index points with a minimum of 35.1 index points in 2018 and a maximum of 51.9 index points in 1996. The latest value from 2018 is 35.1 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
Nigeria - 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 35.10 2018 index points
 Poverty ratio 40.10 2018 percent
 Poverty at 1.90 USD per day 30.90 2018 percent
 Poverty at 5.50 USD per day 90.80 2018 percent
 Top 10 percent income share 26.70 2018 percent
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