Are you preparing for UPSC CSE Prelims 2026? Check your progress and revise your topics through this quiz on Economy.

We recently compiled a report on the 30 Countries with Highest Gini Coefficient and in this article we will look at the country with the highest wealth inequality. Inequality among the Top 10% and ...

Referring to a World Bank brief, the government has claimed India is world’s ‘fourth most equal country’. What does this ...

The government’s assertions conceal a broader reality of increasing income inequality and widespread economic hardship. These ...

The Gini coefficient has many advantages. It is easy to calculate, allows changes in inequality to be tracked over time, and enables cross-region and cross-country comparisons. But the Gini ...

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.

Gini coefficient ranking of 2016 suggests that Bolivia and China were some of the most unequal countries in the world in 2016. There are no data on Gini coefficient ranking of 2017.

According to the Household Consumption Expenditure Survey (HCES) 2022-23, inequality in consumption did decline ...