Difference between revisions of "List of countries by income equality and human development index"

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Revision as of 09:53, 6 April 2021

This is a list of countries or dependencies by income inequality metrics, including Gini coefficients, and Human Development Index.

Gini

The Gini coefficient is a number between 0 and 1, where 0 corresponds with perfect equality (where everyone has the same income) and 1 corresponds with perfect inequality (where one person has all the income—and everyone else has no income). Income distribution can vary greatly from wealth distribution in a country (see List of countries by distribution of wealth). Income from black market economic activity is not included and is the subject of current economic research.

HDI

The first human development index was published in 1990 with the goal of being a more comprehensive measure of human development than purely economic measures such as GDP. The index incorporates three dimensions of human development, a long and healthy life, knowledge, and decent living standards. Various indicators are used to quantify how countries perform on each dimension. The indicators used in the 2020 report was life expectancy at birth; expected years of schooling for children; mean years of schooling for adults; and Gross National Income per capita. The indicators are used to create a health index, an education index and an income index each with a value between 0 and 1. The geometric mean of the three indexes, the cube root of the product of the indexes, is the human development index. A value above 0.800 is classified as very high, between 0.700 and 0.799 high, 0.550 to 0.699 as medium and anything below 0.550 as low.

The table

Increase = increase Steady = steady Decrease = decrease


Rank
1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18
Country / Dependency Gini Year HDI Year
 Anderia
 Barkadia
 Baydor Steady43.7 2015 Increase0.802 2020
 Cadenza Steady37.4 2015 Increase0.914 2020
 Demitor Negative increase32.0 2018 Increase0.651 2018
 Dolfikland Negative increase32.1 2018 Increase0.947 2018
 Faulksnia
 Iconia Steady24.0 2021 Increase0.901 2020
 Kolonia
 Malabar
 Nacija Slavia Steady24.2 2015 Increase0.918 2020
 Nuvastia
 Omniabstracta Steady30.5 2015 Increase0.936 2020
 Serria Negative increase29.5 2001 Increase0.954 2018
 SMOS Positive decrease30.5 2015 Increase0.880 2020
 Tau Kicari Union
 Verkimlund Steady 0.65 2020 Steady0.709 2020
 Yeristan
 Yinshan Negative increase46.7 2018 Increase0.761 2019


See also

Notes

References