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Worldwide Economic Distribution Data
Data Science and Analytics
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About
Provides a detailed overview of income inequality for various countries worldwide. The Gini index is a metric used to assess the distribution of income, ranging from 0 (representing perfect equality) to 1 (representing complete inequality, where all income is concentrated). This index is a key factor in economic development analysis and has important implications for social and political stability. The data is compiled from multiple sources, including national statistical agencies and international organizations such as the United Nations Development Programme (UNDP).
Columns
- country_code: A unique country code identifier (e.g., BRA, CRI). There are 168 unique entries.
- country_name: The name of the corresponding country (e.g., Brazil, Costa Rica).
- year: The year the observation was recorded. The data spans from 1967 to 2021.
- value: The Gini Index measurement for the country and year. Values range from a minimum of 20.2 to a maximum of 65.8.
Distribution
The dataset is provided in a CSV file format named
gini_by_country.csv, weighing 46.5 kB. It consists of 4 columns and contains 1896 valid records. The expected update frequency for this dataset is Never.Usage
This resource is ideal for various applications, including forecasting potential changes in the Gini Index for specific countries. It can be used to gain insight into the degree of income inequality within different regions and facilitate comparisons globally. It also serves as a valuable tool for monitoring shifts in income distribution over time and evaluating policies aimed at reducing economic disparity.
Coverage
The dataset covers income inequality measurements for countries across the world. The time range extends from the earliest available data in 1967 up to the most recent data point in 2021. The focus is on the measurement and distribution of income within these nations.
License
Attribution 4.0 International (CC BY 4.0)
Who Can Use It
- Researchers: To conduct analysis on economic trends, social development, and income disparity across nations.
- Policymakers: To help develop strategies that promote more equitable and sustainable economic development and evaluate policy efficacy.
- The General Public: To understand the global distribution of income and related economic issues.
Dataset Name Suggestions
- Global Income Inequality Index
- Gini Index by Country and Year
- Worldwide Economic Distribution Data
- Country Income Inequality Tracker
Attributes
Original Data Source: Worldwide Economic Distribution Data
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