The Gini Index score in Russia decreased to 36 since the previous year. Therefore, 2020 marks the lowest Gini Index score during the observed period. The Gini index is an economic tool that measures income inequality across a given group or society. An index score of zero would indicate perfect equality, whereas a score of 100 represents maximum inequality.
Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.
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World Bank. (June 28, 2024). Gini index score of Russia from 2004 to 2020 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/872875/gini-index-score-of-russia/
World Bank. "Gini index score of Russia from 2004 to 2020." Chart. June 28, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/872875/gini-index-score-of-russia/
World Bank. (2024). Gini index score of Russia from 2004 to 2020. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/872875/gini-index-score-of-russia/
World Bank. "Gini Index Score of Russia from 2004 to 2020." Statista, Statista Inc., 28 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/872875/gini-index-score-of-russia/
World Bank, Gini index score of Russia from 2004 to 2020 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/872875/gini-index-score-of-russia/ (last visited November 10, 2024)
Gini index score of Russia from 2004 to 2020 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/872875/gini-index-score-of-russia/
