×

Country vs country: Israel and United States compared: Economy > Inequality stats

Compare vs for  

Definitions

  • GINI index: 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."
  • Income share held by fourth 20%: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.
  • Income share held by highest 10%: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.
  • Income share held by highest 20%: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.
  • Income share held by lowest 10%: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.
  • Income share held by lowest 20%: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.
  • Income share held by second 20%: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.
  • Income share held by third 20%: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.
STAT Israel United States
GINI index 39.2
Ranked 18th.
40.81
Ranked 16th. 4% more than Israel
Income share held by fourth 20% 23.04%
Ranked 2nd. 3% more than United States
22.41%
Ranked 16th.
Income share held by highest 10% 28.8%
Ranked 20th.
29.85%
Ranked 16th. 4% more than Israel
Income share held by highest 20% 44.93%
Ranked 18th.
45.82%
Ranked 16th. 2% more than Israel
Income share held by lowest 10% 2.14%
Ranked 21st. 14% more than United States
1.88%
Ranked 30th.
Income share held by lowest 20% 5.71%
Ranked 20th. 5% more than United States
5.44%
Ranked 28th.
Income share held by second 20% 10.46%
Ranked 16th.
10.68%
Ranked 25th. 2% more than Israel
Income share held by third 20% 15.86%
Ranked 12th. 1% more than United States
15.66%
Ranked 25th.

SOURCES: World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/jsp/index.jsp).

Citation

"Economy > Inequality: Israel and United States compared", NationMaster. Retrieved from http://www.nationmaster.com/country-info/compare/Israel/United-States/Economy/Inequality