Which countries have high Gini coefficient?
Top 10 Countries with the Highest Wealth Inequality (World Bank Gini index):
- South Africa – 63.0%
- Namibia – 59.1%
- Suriname – 57.9%
- Zambia – 57.1%
- Sao Tome and Principe – 56.3%
- Central African Republic – 56.2%
- Eswatini – 54.6%
- Mozambique – 54.0%
What is the Gini coefficient of Trinidad and Tobago?
According to the OECD, a gini coefficient of 0.40 and above demonstrates high income inequality. Although lacking sufficient data, income inequality levels in Trinidad and Tobago has been proven to be high, ranging from a gini coefficient of 0.43-0.51 from 1950’s-1990 (Bourne 2008).
What is Jamaica’s Gini coefficient?
Jamaica – GINI index (World Bank estimate) The value for GINI index (World Bank estimate) in Jamaica was 45.50 as of 2004. As the graph below shows, over the past 16 years this indicator reached a maximum value of 48.30 in 2002 and a minimum value of 35.70 in 1993.
What is the most unequal country in the world?
South Africa
South Africa, the largest country in SACU, is the most unequal country in the world, ranking first among 164 countries in the World Bank’s global poverty database.
Why is South Africa so unequal?
Thirty years after the end of apartheid, “race remains a key factor in South Africa’s high levels of inequality, due to its impact on education and the labor market,” the World Bank said. Ethnicity contributes 41% to income inequality and 30% in education.
Is Trinidad considered a developed country?
Trinidad and Tobago is one of the most developed nations in the Caribbean, and has the second highest per capita income in the region.
Is Trinidad a 3rd world?
Somalia (0) Niger (0.354) Central African Republic (0.367) South Sudan (0.388)…Third World Countries 2022.
| Country | Human Development Index | 2022 Population |
|---|---|---|
| Saint Kitts And Nevis | 0.778 | 53,871 |
| Antigua And Barbuda | 0.78 | 99,509 |
| Georgia | 0.78 | 3,968,738 |
| Trinidad And Tobago | 0.784 | 1,406,585 |