Ecuador vs Panama: Gini index
Gini index over time
- Ecuador
- Panama
How they compare
Panama currently reports 49.7 against 45.9 in Ecuador, a difference of 3.8.
That makes Panama's figure about 1.1 times Ecuador's.
The two have swapped places 4 times across 24 shared years of data; in 1995 it was Panama ahead.
Globally, Ecuador ranks 9th and Panama ranks 6th of 121 countries.
Individual pages
About this data
Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.