The Gini coefficient refers to the way money is distributed across a nation, state, or whatever geographic region is in question. The reason for the Gini coefficient in the first place is for use of proof that there is significant wealth inequality. Before we dive into the different Gini coefficients for countries around the world, let's first talk about what the coefficients mean.
If a country has a Gini coefficient of zero, then according to the measurement of wealth distribution, the country has perfect equality in terms of financial prosperity. If a country's Gini coefficient is positive one, then the country has as much inequality as possible among its residents.
So, the best case scenario for a country is to have a Gini coefficient of zero, whereas a coefficient of positive one goes to show that the country has a majorly serious disproportionate distribution of wealth. With this in mind, let’s take a look at the Gini coefficients of countries around the globe.