Finland - GINI index

GINI index (World Bank estimate)

The value for GINI index (World Bank estimate) in Finland was 27.70 as of 2019. As the graph below shows, over the past 32 years this indicator reached a maximum value of 28.30 in 2007 and a minimum value of 22.20 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. For more information and methodology, please see PovcalNet (http://iresearch.worldban

See also:

Year Value
1987 22.20
1991 22.90
1995 23.50
2000 27.20
2003 27.70
2004 27.90
2005 27.60
2006 28.00
2007 28.30
2008 27.80
2009 27.50
2010 27.70
2011 27.60
2012 27.10
2013 27.20
2014 26.80
2015 27.10
2016 27.10
2017 27.40
2018 27.30
2019 27.70

Classification

Topic: Poverty Indicators

Sub-Topic: Income distribution