Home / Market / Mark-to-market /  Inequality in India is the highest in Asia

The Gini coefficient is a measure of inequality of income or wealth—zero denotes perfect equality, while 100 denotes perfect inequality, with all the wealth or income in the hands of one person. The chart, from the Credit Suisse Global Wealth report, compares the Gini coefficients of wealth inequality in India with that of other countries in the region.

As the chart shows, India’s wealth inequality is the highest in the region. Some of the countries that have even higher wealth inequality than India are Haiti, Papua New Guinea, Russia, Rwanda, Ukraine and Zambia.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.
Post your comment

Recommended For You

Trending Stocks

Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout