measure of inequality in income or wealth distribution
The Gini coefficient is a number that measures how unequally income or wealth is distributed among people in a group, where a score of zero means perfect equality and higher scores indicate greater inequality. It matters because it helps policymakers and researchers understand and compare how fairly resources are spread across different countries or populations.
AI-generated from the Wikipedia summary — may contain errors.
World map of Gini coefficients (as a %), 2022, according to the Poverty and Inequality Platform (PIP) <30
30-35
Discovered by embedding cosine similarity (sentence-transformers MiniLM, 384-dim).