The Gini coefficient measures income inequality on a scale where 0 means everyone has the same income and 1 (or 100%) means one person has it all. The UK disposable income Gini was 32.9% in the financial year ending 2024, according to the ONS, broadly flat over the past decade.
Scale - 0 = perfect equality, 1 (or 100%) = one person holds all income - Definition
Disposable income Gini (after taxes and benefits) - 32.9% (0.329) - ONS, financial year ending 2024
Disposable income Gini, prior year - 33.1% (0.331) - ONS, financial year ending 2023
Gross income Gini (after cash benefits, before direct taxes) - 37.3% (0.373) - ONS, financial year...
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