Vanuatu: Gini inequality index
* indicates monthly or quarterly data series
Vanuatu |
Gini income inequality index |
---|---|
Latest value | 32.30 |
Year | 2019 |
Measure | index points |
Data availability | 2010 - 2019 |
Average | 34.85 |
Min - Max | 32.30 - 37.40 |
Source | The World Bank |
The latest value from 2019 is 32.3 index points, a decline from 37.4 index points in 2010. In comparison, the world average is 35.06 index points, based on data from 75 countries. Historically, the average for Vanuatu from 2010 to 2019 is 34.85 index points. The minimum value, 32.3 index points, was reached in 2019 while the maximum of 37.4 index points was recorded in 2010.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
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.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Gini inequality index | 32.30 | 2019 | index points |
Poverty ratio | 15.90 | 2020 | percent |
Poverty at 1.90 USD per day | 10.00 | 2019 | percent |
Poverty at 5.50 USD per day | 76.10 | 2019 | percent |
Top 10 percent income share | 24.70 | 2019 | percent |