In 2014, GINI index for South Africa was 63 points. Though South Africa GINI index fluctuated substantially in recent years, it tended to increase through 1993 - 2014 period ending at 63 points in 2014.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
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.