How To Calculate Gini Coefficient By Hand

Introduction & Importance

The Gini coefficient is a widely used measure of income inequality, introduced by the Italian statistician Corrado Gini in 1912. It’s crucial for understanding the distribution of income or wealth within a society…

How to Use This Calculator

1. Enter income levels, separated by commas.
2. Enter the population for each income level, separated by commas.
3. Click ‘Calculate’.

Formula & Methodology

The Gini coefficient is calculated using the Lorenz curve, which plots the cumulative share of income against the cumulative share of population…

Real-World Examples

Data & Statistics

Gini Coefficients for Selected Countries (2020)

Country	Gini Coefficient

Expert Tips

• Always use the latest data for accurate results.
• Consider using other inequality measures for a comprehensive view.

Interactive FAQ

What is the Gini coefficient?

The Gini coefficient is a measure of income inequality…

For more information, see the World Bank’s data on income inequality and the U.S. Census Bureau’s income data.