FACTOID # 7: Americans are 15% more innovative than the Japanese. But in percentage terms, the Japanese grant 3.5 times more patents.

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## Economy Statistics > GINI index > Armenia (historical data)

 VIEW DATA: Values
Definition     Source      Printable version
 Date Amount Rank 2003 33.77 #28 1999 36.01 #13 1996 44.42 #20

DEFINITION: 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.

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