What is the Gini coefficient of Indonesia?

What is the Gini coefficient of Indonesia?

38.2
GINI Index for Indonesia (SIPOVGINIIDN) Download

2019: 38.2
2018: 37.8
2017: 38.1
2016: 38.6
2015: 39.7

Which of the following countries has the highest Gini ratio as of 2014?

GINI index (World Bank estimate) – Country Ranking

Rank Country Year
1 South Africa 2014
2 Namibia 2015
3 Suriname 1999
4 Zambia 2015

Which countries have high Gini coefficient?

Top 10 Countries with the Highest Gini Coefficients (%) – World Bank:

  • South Africa – 2014 – 63.0.
  • Namibia – 2015 – 59.1.
  • Suriname – 1999 – 57.9.
  • Zambia – 2015 – 57.1.
  • Sao Tome and Principe – 2017 – 56.3.
  • Central African Republic – 2008 – 56.2.
  • Eswatini – 2016 – 54.6.
  • Mozambique – 2014 – 54.0.

What is the world’s Gini coefficient?

The Gini coefficient for the entire world has been estimated by various parties to be between 0.61 and 0.68.

What is GINI index in decision tree?

Gini Index, also known as Gini impurity, calculates the amount of probability of a specific feature that is classified incorrectly when selected randomly. While designing the decision tree, the features possessing the least value of the Gini Index would get preferred.

Where is the Gini coefficient data?

The Gini coefficient is equal to the area below the line of perfect equality (0.5 by definition) minus the area below the Lorenz curve, divided by the area below the line of perfect equality.

Is high Gini index Good or bad?

In addition, the Gini index can be compared to gross domestic product (GDP) figures. If GDP increases, some take this to mean that the people in a country are doing better. However, if the Gini index is rising as well, it suggest that the majority of the population may not be experiencing increased income.

How do you find the Gini coefficient?

The Gini coefficient can be calculated using the formula: Gini Coefficient = A / (A + B), where A is the area above the Lorenz Curve and B is the area below the Lorenz Curve.

What is the Gini coefficient of Finland?

27.4%
A Gini index of 0 corresponds to perfect income equality, while an index of 100 implies perfect income inequality….Gini coefficient in Finland from 2009 to 2019.

Characteristic Gini coefficient
2019 27.4%
2018 27.4%
2017 26.9%
2016 26.2%