Paraguay vs Venezuela: Gini index
Gini index over time
- Paraguay
- Venezuela
How they compare
Venezuela currently reports 44.7 against 44.2 in Paraguay, a difference of 0.5.
Across all 8 years both countries report, Paraguay has been ahead every year.
Paraguay ranks 14th and Venezuela ranks 13th of 121 countries.
Paraguay has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Paraguay | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 56.35 | 47.45 | 8.9 | Paraguay |
| 2000s | 53.92 | 47.55 | 6.37 | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gini index, Paraguay or Venezuela?
- Venezuela, at 44.7 against 44.2 in Paraguay as of 2006.
- What is the difference in gini index between Paraguay and Venezuela?
- 0.5, with Venezuela ahead.
- How many years of comparable data are there for Paraguay and Venezuela?
- 8 years are reported by both, from 1995 to 2006.
- How do Paraguay and Venezuela rank globally for gini index?
- Paraguay ranks 14th and Venezuela ranks 13th 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.