Chile: Gini coefficient income distribution inequality 2000-2018
Between 2010 and 2018, Chile's data on the degree of inequality in wealth distribution based on the Gini coefficient reached 44.4. Although having one of the highest human development indexes in Latin America, Chile's Gini coefficient was still higher than countries like Haiti and El Salvador. Nevertheless, wealth distribution in this South American country has shown signs of improvement, with the Gini coefficient decreasing in recent periods.
The Gini coefficient measures the deviation of the distribution of income (or consumption) among individuals or households in a given country from a perfectly equal distribution. A value of 0 represents absolute equality, whereas 100 would be the highest possible degree of inequality.
The Gini coefficient measures the deviation of the distribution of income (or consumption) among individuals or households in a given country from a perfectly equal distribution. A value of 0 represents absolute equality, whereas 100 would be the highest possible degree of inequality.
