Serbia: Gini inequality index

* indicates monthly or quarterly data series

Gini income inequality index

 Latest value 35.00
 Year 2020
 Measure index points
 Data availability 2012 - 2020
 Average 37.77
 Min - Max 34.50 - 40.50
 Source The World Bank
For that indicator, we provide data for Serbia from 2012 to 2020. The average value for Serbia during that period was 37.77 index points with a minimum of 34.5 index points in 2019 and a maximum of 40.5 index points in 2014. The latest value from 2020 is 35 index points. For comparison, the world average in 2020 based on 53 countries is 35.03 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
Serbia - Gini inequality index - Recent values chart

Historical chart
Serbia - Gini inequality index - historical chart - 2012-2020

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 35.00 2020 index points
 Poverty ratio 21.20 2020 percent
 Poverty at 1.90 USD per day 1.60 2020 percent
 Poverty at 5.50 USD per day 10.10 2020 percent
 Top 10 percent income share 27.10 2020 percent
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