Chile - GINI index

GINI index (World Bank estimate)

The value for GINI index (World Bank estimate) in Chile was 44.90 as of 2020. As the graph below shows, over the past 33 years this indicator reached a maximum value of 57.20 in 1990 and a minimum value of 44.40 in 2015.

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. For more information and methodology, please see PovcalNet (http://iresearch.worldban

See also:

Year Value
1987 56.20
1990 57.20
1992 54.80
1994 56.40
1996 54.90
1998 55.50
2000 52.80
2003 51.50
2006 47.30
2009 47.00
2011 46.00
2013 45.80
2015 44.40
2017 44.40
2020 44.90

Classification

Topic: Poverty Indicators

Sub-Topic: Income distribution