A »The Gini coefficient is a statistical measure of income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality). It is calculated by assessing the distribution of income among individuals or households in a region. For example, if Country A has a Gini coefficient of 0.25 and Country B has 0.45, Country A has a more equal income distribution than Country B.

A »The Gini coefficient is a statistical measure used to assess income inequality within a population. It ranges from 0 (perfect equality) to 1 (perfect inequality). A lower Gini coefficient indicates more equal distribution of income, while a higher value signifies greater inequality, making it a useful tool for comparing income disparities across different regions or countries.