Which country has the highest Gini index?

Which country has the highest Gini index?

South Africa
GINI index (World Bank estimate) – Country Ranking

Rank Country Value
1 South Africa 63.00
2 Namibia 59.10
3 Suriname 57.90
4 Zambia 57.10

Is Guyana a low income country?

Guyana is a middle-income country, and the third smallest country in South America after Suriname and Uruguay, with about 800,000 inhabitants. Its per capita income in 2015 was US$4,090 (Atlas method).

What country has the lowest Gini index?

Countries with the highest and lowest Gini coefficients. South Africa ranks as the country with the lowest level of income equality in the world, thanks to a Gini coefficient of 63.0 when last measured in 2014.

What is the Gini index number?

The Gini index measures the area between the Lorenz curve and the hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. A Gini index of zero represents perfect equality and 100, perfect inequality.

What are the 10 countries with the highest wealth inequality?

Top 10 Countries with the Highest Wealth Inequality (World Bank Gini index):

  • Suriname – 57.9%
  • Zambia – 57.1%
  • Sao Tome and Principe – 56.3%
  • Central African Republic – 56.2%
  • Eswatini – 54.6%
  • Mozambique – 54.0%
  • Brazil – 53.4%
  • Botswana – 53.3%

Who is the richest man in Guyana now?

Yang Huiyan net worth: Yang Huiyan is the major shareholder of Country Garden Holdings and one of the wealthiest people in Mainland China. Yang Huiyan has a net worth of $19 billion.

How do you calculate Gini index?

The Gini index is calculated as the ratio of the area between the perfect equality line and the Lorenz curve (A) divided by the total area under the perfect equality line (A + B).

Which country is most equal?

According to the Gender Inequality Index (GII), Switzerland was the most gender equal country in the world in 2020. The Gender Inequality Index measures reflecting inequality in achievement between women and men in three dimensions: reproductive health, empowerment, and the labor market.

What is the fairest country?

Even though Norway is the fairest country in the world, these numbers emphasize the need for further reforms.

What country has the most women’s rights?

These are the top 10 countries for women’s rights and…

  • Iceland is the world’s best country for gender equality, a World Economic Forum index shows.
  • Finland, Norway, New Zealand, Sweden, Namibia, Rwanda, Lithuania, Ireland and Switzerland follow behind in the top 10.

Is Guyana the fastest growing economy in the world?

USD/bbl. The world’s fastest-growing economy, Guyana, is trying to stop a wave of oil wealth from bringing unwanted side-effects, according Vice President Bharrat Jagdeo.

Is Guyana a Third World country?

Central African Republic (0.367) South Sudan (0.388) Chad (0.404) Burundi (0.417)…Third World Countries 2022.

Country Human Development Index 2022 Population
Guatemala 0.65 18,584,039
Cape Verde 0.654 567,678
Guyana 0.654 794,045
Nicaragua 0.658 6,779,100

What is Gini index and entropy?

Gini index and entropy is the criterion for calculating information gain. Decision tree algorithms use information gain to split a node. Both gini and entropy are measures of impurity of a node. A node having multiple classes is impure whereas a node having only one class is pure.

What country has the most wealth?

The Richest Countries In The World Ranked

Rank Country GDP per capita (PPP)
1 Luxembourg 120,962.2
2 Singapore 101,936.7
3 Qatar 93,851.7
4 Ireland 87,212.0

https://www.youtube.com/watch?v=L-fc-8EEngg