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Households have sufficient income to afford a decent standard of living

Gini Coefficient (net income before housing costs)

Current Value

0.38

2022

Definition

The Gini coefficient is an indicator taking values between 0 and 1, where 0 represents complete equality (all households have equal income) and 1 represents complete inequality (one household accounts for all the income). Therefore a reduction in the Gini coefficient represents a more equal distribution of incomes across households.

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