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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 ...
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]
South America: Upper middle income 52.0 2022 51.40 2022 Barbados: Caribbean: High income 32.00 2017 Brunei: South-eastern Asia: High income 56.40 1981 Bhutan: Southern Asia: Lower middle income 28.5 2022 28.46 2022 Botswana: Southern Africa: Upper middle income 53.3 2015 53.33 2016 Central African Republic: Middle Africa: Low income 43.0
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]
JOHANNESBURG (AP) — Perhaps nowhere in today's South Africa is the country's inequality on more dramatic display than in the neighboring Johannesburg suburbs of Sandton and Alexandra.
The generalized entropy index has been proposed as a measure of income inequality in a population. [1] It is derived from information theory as a measure of redundancy in data. In information theory a measure of redundancy can be interpreted as non-randomness or data compression ; thus this interpretation also applies to this index.
Public demonstrations have become common in South Africa as communities protest against the ruling African National Congress JOHANNESBURG (AP) — […] The post South Africa will mark 30 years of ...
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 ...