Hungary - GINI index

GINI index

The value for GINI index in Hungary was 31.18 as of 2007. As the graph below shows, over the past 20 years this indicator reached a maximum value of 31.18 in 2007 and a minimum value of 20.96 in 1987.

Definition: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.

Source: World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).

See also:

Year Value
1987 20.96
1989 25.05
1993 27.94
1998 24.93
1999 27.77
2000 27.32
2001 26.92
2002 26.82
2004 30.04
2007 31.18

Classification

Topic: Poverty Indicators

Sub-Topic: Income distribution