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GINI Index for the Bolivarian Republic of Venezuela (SIPOVGINIVEN)

Observations

2006: 44.7
Updated: Sep 19, 2024 2:07 PM CDT
2006:  44.7  
2005:  49.3  
2004:  47.3  
2003:  47.9  
2002:  48.9  

Units:

Index,
Not Seasonally Adjusted

Frequency:

Annual

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Notes

Title Release Dates
GINI Index for the Bolivarian Republic of Venezuela 2015-03-12 2024-09-19
 
Source    
World Bank 2015-03-12 2024-09-19
 
Release    
World Development Indicators 2015-03-12 2024-09-19
 
Units    
Index 2015-03-12 2024-09-19
 
Frequency    
Annual 2015-03-12 2024-09-19
 
Seasonal Adjustment    
Not Seasonally Adjusted 2015-03-12 2024-09-19
 
Notes    
Gini index measures the extent to which the distribution of income or 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.

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.worldbank.org/PovcalNet/index.htm).

Source Indicator: SI.POV.GINI

World Bank collection of development indicators, compiled from officially recognized international sources. It presents the most current and accurate global development data available and includes national, regional, and global estimates. The World Bank labels these annual series, but several observations are missing.

2015-03-12 2024-09-19

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Bolivarian Republic of Venezuela Gini Coefficient World Development Indicators World Bank Indexes Annual Nation Public Domain: Citation Requested Not Seasonally Adjusted