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Cabo Verde - GINI index

47.20 (points) in 2007

Cabo Verde GINI index was 47.2 points in 2007, down by 10.10 % from 2001.

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What is GINI index?

Gini index measures the extent to which the distribution of income or consumption expenditure among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.

What is Cabo Verde GINI index?

Date Value Change, %
2007 47.20 -10.10 %
2001 52.50