Transcribed

## Income Distribution By Country

income distribution by country 100% Gini Coefficient = divided by yx100 How does it work? What is this? The closer the Lorenz curve comes to It's the Lorenz Curve, a way economists measure what portions of the population are responsible for the income within a group of people, such asa nation. a straight 45 degree line, the more equally distributed the income is. When you divide the area above the curve by the area below The curve helps you make statements like "10% of the population accounts for 80% of the income" the curve, you get a number that economists use to compare countries (called the Gini Coefficient). The lower the number, the more equally distributed the income. 0% % of Population 100% Gini Coefficient Gini: 45 25 50 75 100 United States Gini: I No Data 23 Sweden has above average uneven income distribution has the most even income distribution of any nation Most Evenly Distributed: Sweden: 23 Denmark: 24 Slovenia: 24 Iceland: 25 Slovakia: 26 Least Evenly Distributed: Namibia: 70.7 South Africa: 65 Lesotho: 63.2 Batswana: 63 Central African Republic: 61.3 Gini: 70.7 What does it mean? Uneven distribution means that the gap between the rich and the poor is really wide. In a very uneven distribution, the rich are VERY RICH and the poor are VERY POOR, comparitavely. Namibia has the most uneven income distribution of any nation ve. Lorenz Curve % of Income income distribution by country 100% Gini Coefficient = divided by yx100 How does it work? What is this? The closer the Lorenz curve comes to It's the Lorenz Curve, a way economists measure what portions of the population are responsible for the income within a group of people, such asa nation. a straight 45 degree line, the more equally distributed the income is. When you divide the area above the curve by the area below The curve helps you make statements like "10% of the population accounts for 80% of the income" the curve, you get a number that economists use to compare countries (called the Gini Coefficient). The lower the number, the more equally distributed the income. 0% 0% % of Population 100% Gini Coefficient Gini: 45 25 50 75 100 United States Gini: I No Data 23 Sweden has above average uneven income distribution has the most even income distribution of any nation Most Evenly Distributed: Sweden: 23 Denmark: 24 Slovenia: 24 Iceland: 25 Slovakia: 26 Least Evenly Distributed: Namibia: 70.7 South Africa: 65 Lesotho: 63.2 Batswana: 63 Central African Republic: 61.3 Gini: 70.7 What does it mean? Uneven distribution means that the gap between the rich and the poor is really wide. In a very uneven distribution, the rich are VERY RICH and the poor are VERY POOR, comparitavely. Namibia has the most uneven income distribution of any nation ve. Lorenz Curve % of Income income distribution by country 100% Gini Coefficient = divided by yx100 How does it work? What is this? The closer the Lorenz curve comes to It's the Lorenz Curve, a way economists measure what portions of the population are responsible for the income within a group of people, such asa nation. a straight 45 degree line, the more equally distributed the income is. When you divide the area above the curve by the area below The curve helps you make statements like "10% of the population accounts for 80% of the income" the curve, you get a number that economists use to compare countries (called the Gini Coefficient). The lower the number, the more equally distributed the income. 0% 0% % of Population 100% Gini Coefficient Gini: 45 25 50 75 100 United States Gini: I No Data 23 Sweden has above average uneven income distribution has the most even income distribution of any nation Most Evenly Distributed: Sweden: 23 Denmark: 24 Slovenia: 24 Iceland: 25 Slovakia: 26 Least Evenly Distributed: Namibia: 70.7 South Africa: 65 Lesotho: 63.2 Batswana: 63 Central African Republic: 61.3 Gini: 70.7 What does it mean? Uneven distribution means that the gap between the rich and the poor is really wide. In a very uneven distribution, the rich are VERY RICH and the poor are VERY POOR, comparitavely. Namibia has the most uneven income distribution of any nation ve. Lorenz Curve % of Income income distribution by country 100% Gini Coefficient = divided by yx100 How does it work? What is this? The closer the Lorenz curve comes to It's the Lorenz Curve, a way economists measure what portions of the population are responsible for the income within a group of people, such asa nation. a straight 45 degree line, the more equally distributed the income is. When you divide the area above the curve by the area below The curve helps you make statements like "10% of the population accounts for 80% of the income" the curve, you get a number that economists use to compare countries (called the Gini Coefficient). The lower the number, the more equally distributed the income. 0% 0% % of Population 100% Gini Coefficient Gini: 45 25 50 75 100 United States Gini: I No Data 23 Sweden has above average uneven income distribution has the most even income distribution of any nation Most Evenly Distributed: Sweden: 23 Denmark: 24 Slovenia: 24 Iceland: 25 Slovakia: 26 Least Evenly Distributed: Namibia: 70.7 South Africa: 65 Lesotho: 63.2 Batswana: 63 Central African Republic: 61.3 Gini: 70.7 What does it mean? Uneven distribution means that the gap between the rich and the poor is really wide. In a very uneven distribution, the rich are VERY RICH and the poor are VERY POOR, comparitavely. Namibia has the most uneven income distribution of any nation ve. Lorenz Curve % of Income income distribution by country 100% Gini Coefficient = divided by yx100 How does it work? What is this? The closer the Lorenz curve comes to It's the Lorenz Curve, a way economists measure what portions of the population are responsible for the income within a group of people, such asa nation. a straight 45 degree line, the more equally distributed the income is. When you divide the area above the curve by the area below The curve helps you make statements like "10% of the population accounts for 80% of the income" the curve, you get a number that economists use to compare countries (called the Gini Coefficient). The lower the number, the more equally distributed the income. 0% 0% % of Population 100% Gini Coefficient Gini: 45 25 50 75 100 United States Gini: I No Data 23 Sweden has above average uneven income distribution has the most even income distribution of any nation Most Evenly Distributed: Sweden: 23 Denmark: 24 Slovenia: 24 Iceland: 25 Slovakia: 26 Least Evenly Distributed: Namibia: 70.7 South Africa: 65 Lesotho: 63.2 Batswana: 63 Central African Republic: 61.3 Gini: 70.7 What does it mean? Uneven distribution means that the gap between the rich and the poor is really wide. In a very uneven distribution, the rich are VERY RICH and the poor are VERY POOR, comparitavely. Namibia has the most uneven income distribution of any nation ve. Lorenz Curve % of Income income distribution by country 100% Gini Coefficient = divided by yx100 How does it work? What is this? The closer the Lorenz curve comes to It's the Lorenz Curve, a way economists measure what portions of the population are responsible for the income within a group of people, such asa nation. a straight 45 degree line, the more equally distributed the income is. When you divide the area above the curve by the area below The curve helps you make statements like "10% of the population accounts for 80% of the income" the curve, you get a number that economists use to compare countries (called the Gini Coefficient). The lower the number, the more equally distributed the income. 0% 0% % of Population 100% Gini Coefficient Gini: 45 25 50 75 100 United States Gini: I No Data 23 Sweden has above average uneven income distribution has the most even income distribution of any nation Most Evenly Distributed: Sweden: 23 Denmark: 24 Slovenia: 24 Iceland: 25 Slovakia: 26 Least Evenly Distributed: Namibia: 70.7 South Africa: 65 Lesotho: 63.2 Batswana: 63 Central African Republic: 61.3 Gini: 70.7 What does it mean? Uneven distribution means that the gap between the rich and the poor is really wide. In a very uneven distribution, the rich are VERY RICH and the poor are VERY POOR, comparitavely. Namibia has the most uneven income distribution of any nation ve. Lorenz Curve % of Income income distribution by country 100% Gini Coefficient = divided by yx100 How does it work? What is this? The closer the Lorenz curve comes to It's the Lorenz Curve, a way economists measure what portions of the population are responsible for the income within a group of people, such asa nation. a straight 45 degree line, the more equally distributed the income is. When you divide the area above the curve by the area below The curve helps you make statements like "10% of the population accounts for 80% of the income" the curve, you get a number that economists use to compare countries (called the Gini Coefficient). The lower the number, the more equally distributed the income. 0% 0% % of Population 100% Gini Coefficient Gini: 45 25 50 75 100 United States Gini: I No Data 23 Sweden has above average uneven income distribution has the most even income distribution of any nation Most Evenly Distributed: Sweden: 23 Denmark: 24 Slovenia: 24 Iceland: 25 Slovakia: 26 Least Evenly Distributed: Namibia: 70.7 South Africa: 65 Lesotho: 63.2 Batswana: 63 Central African Republic: 61.3 Gini: 70.7 What does it mean? Uneven distribution means that the gap between the rich and the poor is really wide. In a very uneven distribution, the rich are VERY RICH and the poor are VERY POOR, comparitavely. Namibia has the most uneven income distribution of any nation ve. Lorenz Curve % of Income

# Income Distribution By Country

shared by maggie on May 13
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The Lorenz Curve is a way economists measure portions of any given population to determine who is responsible for the income. This infographic looks at income distribution by country. Sweden has the m...

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