South Korea vs Thailand: Gini index
Gini index over time
- South Korea
- Thailand
How they compare
Thailand currently reports 33.3 against 32.9 in South Korea, a difference of 0.4.
Across all 11 years both countries report, Thailand has been ahead every year.
Globally, South Korea ranks 76th and Thailand ranks 74th 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.