Armenia vs Iceland: Gini index
Gini index over time
- Armenia
- Iceland
How they compare
Armenia currently reports 27.4 against 26.8 in Iceland, a difference of 0.6.
The two have swapped places 4 times across 17 shared years of data; in 2003 it was Armenia ahead.
Armenia ranks 109th and Iceland ranks 111th of 123 countries.
Armenia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Armenia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 32.09 | 29.14 | 2.94 | Armenia |
| 2010s | 31.4 | 26.65 | 4.75 | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gini index, Armenia or Iceland?
- Armenia, at 27.4 against 26.8 in Iceland as of 2024.
- What is the difference in gini index between Armenia and Iceland?
- 0.6, with Armenia ahead.
- How many years of comparable data are there for Armenia and Iceland?
- 17 years are reported by both, from 2003 to 2019.
- How do Armenia and Iceland rank globally for gini index?
- Armenia ranks 109th and Iceland ranks 111th of 123 countries.
- Where does this data come from?
- World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as Gini index. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.