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Economics
Gini Coefficient
A number between 0 and 1 that measures how unequal income or wealth is in a country.
A low Gini means money is spread fairly evenly. A high Gini means a few rich people hold most of the wealth. It's a quick way to compare inequality between countries or over time.It's like a scoreboard for fairness — 0 means everyone has exactly the same amount, 1 means one person has all the money.
Real world: The U.S. Gini coefficient is around 0.41, showing more inequality than many European countries but less than some developing nations.
💡 A rising Gini coefficient often leads to political arguments — it doesn't mean the economy is bad, but it shows the pie isn't being sliced very evenly.