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For example, South Africa has a Gini coefficient of 63 (highest), the United States is at 41.5, and Ukraine stands with a score of 25 (lowest). [1] Although Brazil and South Africa are often placed in the same category in terms of wealth and income inequality, Brazil has seen more positive results in recent years. In Brazil's case, its Gini ...
This is a list of countries by inequality-adjusted Human Development Index (IHDI), as published by the UNDP in its 2024 Human Development Report.According to the 2016 Report, "The IHDI can be interpreted as the level of human development when inequality is accounted for", whereas the Human Development Index itself, from which the IHDI is derived, is "an index of potential human development (or ...
In 2020, South Africa's GINI coefficient was 62.73, the highest of any country, indicating a high-level of income inequality. [5] The top 20% of South Africa's population holds 70% of all income earned by the country, with this group consisting mainly of White South Africans. [6]
The remaining regional averages were: sub-Saharan Africa (44.2), Asia (40.4), Middle East and North Africa (39.2), Eastern Europe and Central Asia (35.4), and High-income Countries (30.9). Using the same method, the United States is claimed to have a Gini index of 36, while South Africa had the highest income Gini index score of 67.8. [52]
The range of the Gini index is between 0 and 1 (0% and 100%), where 0 indicates perfect equality and 1 (100%) indicates maximum inequality. The Gini index is the most frequently used inequality index. The reason for its popularity is that it is easy to understand how to compute the Gini index as a ratio of two areas in Lorenz curve diagrams ...
Human Development Index (HDI) Region World 2022 data (2024 report) Change in HDI value 2023-2024 [3] Very high human development 1 67 Seychelles: 0.802 0.007 High human development 2 72 Mauritius: 0.796 0.006 3 92 Libya: 0.746 4 93 Algeria: 0.745 0.005 5 101 Tunisia: 0.732 0.003 6 105 Egypt: 0.728 0.002 7 110 South Africa: 0.717 0.004 8 114
As 72-year-old Nonki Kunene walks through the corridors of Thabisang Primary School in Soweto, South Africa, she recalls the joy she and many others felt 30 years ago when they voted for the first ...
The Elephant Curve, also known as the Lakner-Milanovic graph or the global growth incidence curve, is a graph that illustrates the unequal distribution of income growth for individuals belonging to different income groups. [1] The original graph was published in 2013 and illustrates the change in income growth that occurred from 1988 to 2008.