## What is the Gini coefficient of Malaysia?

42.8 %

Malaysia GINI index was 42.8 % in 2018 – the single year for which the data is available at the moment.

## Which country has the lowest Gini?

South Africa

South Africa ranks as the country with the lowest level of income equality in the world, thanks to a Gini coefficient of 63.0 when last measured in 2014.

**Which country has highest Gini coefficient?**

GINI index (World Bank estimate) – Country Ranking

Rank | Country | Value |
---|---|---|

1 | South Africa | 63.00 |

2 | Namibia | 59.10 |

3 | Suriname | 57.60 |

4 | Zambia | 57.10 |

**What is the Gini coefficient of Singapore?**

0.375

In February, Deputy Prime Minister Heng Swee Keat highlighted that income inequality measures in terms of the Gini coefficient in Singapore fell from 0.398 in 2019 to a historic low of 0.375 in 2020 due to “massive transfers” and schemes aimed towards supporting lower-income groups.

### How is Gini coefficient calculated?

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.

### Which country has the highest Gini coefficient 2020?

South Africa had the highest inequality in income distribution with a Gini score of 63, according to the Gini Index 2020. The Gini coefficient measures the deviation of the distribution of income (or consumption) among individuals or households within a country from a perfectly equal distribution.

**How do you explain Gini coefficient?**

The Gini coefficient measures how far the actual Lorenz curve for a society’s income or wealth is from the line of equality. Both the Lorenz curve and the line of equality are plotted on a graph. 0 means that the country is perfectly equal, and 1 means that one person has all the wealth or income.

**What is the Gini coefficient in China?**

0.481

That means China’s Gini coefficient (0.481) belongs to a handful of countries with top inequality in the world, not only higher than that of western developed countries, but also above Asia’s average (0.3513).

## Is Singapore’s Gini coefficient high?

In February, Deputy Prime Minister Heng Swee Keat highlighted that income inequality measures in terms of the Gini coefficient in Singapore fell from 0.398 in 2019 to a historic low of 0.375 in 2020 due to “massive transfers” and schemes aimed towards supporting lower-income groups.