Latvia vs Montenegro: Gini index
Gini index over time
- Latvia
- Montenegro
How they compare
Montenegro currently reports 34.3 against 34 in Latvia, a difference of 0.3.
The two have swapped places 3 times across 17 shared years of data; in 2005 it was Latvia ahead.
Latvia ranks 59th and Montenegro ranks 57th of 121 countries.
Across the 3 decades both report, Latvia averaged higher in 2 and Montenegro in 1.
Head to head by decade
| Decade | Latvia | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 37.04 | 30.62 | 6.42 | Latvia |
| 2010s | 35.03 | 36.56 | 1.53 | Montenegro |
| 2020s | 35 | 34.85 | 0.15 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gini index, Latvia or Montenegro?
- Montenegro, at 34.3 against 34 in Latvia as of 2021.
- What is the difference in gini index between Latvia and Montenegro?
- 0.3, with Montenegro ahead.
- How many years of comparable data are there for Latvia and Montenegro?
- 17 years are reported by both, from 2005 to 2021.
- How do Latvia and Montenegro rank globally for gini index?
- Latvia ranks 59th and Montenegro ranks 57th of 121 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.