Calculate the Gini coefficient from income shares to measure income inequality. Analyze income distribution with ease using our free calculator.
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The Gini Coefficient Calculator is an indispensable tool engineered to precisely quantify income inequality within a population. It operates by processing income share data to compute the Gini coefficient, a globally recognized metric for assessing economic disparity. This calculator is invaluable for economists, researchers, students, and policymakers who require accurate insights into wealth distribution. By generating a clear numerical value, ranging from 0 (perfect equality) to 1 (perfect inequality), the tool transforms complex economic data into an easily interpretable indicator. It provides a straightforward method for analyzing income distribution, aiding in the identification of economic disparities and informing evidence-based decisions on social welfare and economic policy.
Enter percentage of total income held by each segment (e.g. quintiles). Must sum to 100 ideally.