Czech Republic - GINI index

GINI index (World Bank estimate)

The value for GINI index (World Bank estimate) in Czech Republic was 25.30 as of 2019. As the graph below shows, over the past 27 years this indicator reached a maximum value of 27.50 in 2004 and a minimum value of 20.70 in 1992.

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
1992 20.70
1993 26.60
1996 25.80
2002 26.60
2004 27.50
2005 26.90
2006 26.70
2007 26.00
2008 26.30
2009 26.20
2010 26.60
2011 26.40
2012 26.10
2013 26.50
2014 25.90
2015 25.90
2016 25.40
2017 24.90
2018 25.00
2019 25.30

Classification

Topic: Poverty Indicators

Sub-Topic: Income distribution