Income inequality

This indicator shows the income inequality in the Nordic region. The Gini coefficient is the most commonly used measure of inequality. It is based on the comparison of cumulative proportions of the population against cumulative proportions of income they receive. The Gini coefficient varies between 0, which reflects complete equality and 1, which indicates complete inequality (one person has all the income or consumption, all others have none). For more information: http://91.208.143.100/pxweb/norden/pxweb/en/Nordic%20Statistics/

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Keywords: inequality, income inequality, income, gini coefficient