KnowraGini coefficientLinked fromLinked fromThe 10 pages that link to Gini coefficient, each with the reason it gives.All 10Related 10Income inequalityRelated: It summarizes the income distribution in a single number, though it can hide where changes occur.Economic inequalityRelated: It compresses an income or wealth distribution into a widely used summary statistic.Development economicsRelated: It helps distinguish average income growth from changes in income distribution.Wealth inequalityRelated: It summarizes wealth distributions, though it can hide differences at the very top.Equality of outcomeRelated: It quantifies how far an income distribution lies from equal outcomes.Income redistributionRelated: It provides a common numerical way to compare redistribution’s effects on inequality.Regional inequalityRelated: It can summarize inequality in regional incomes or other measured outcomes.MajorizationRelated: Majorization orders distributions more finely than this single inequality summary.Pareto principleRelated: It compresses the inequality that Pareto-style claims describe into a single index.Public economicsRelated: It compresses distributional changes into a statistic often used to assess taxes and transfers.