The Gini coefficient is a measure of income inequality, where a value of 0 would indicate perfect equality in the income distribution (i.e. everyone earns the same) and a value of 100 would indicate perfect inequality (one person earns everything). The Gini coefficient in both the European Union as a whole, as well as the Eurozone currency area, has been on a downward trajectory since its previous peak in 2014, when it reached a peak of 30.9 in both. As of 2023, the Gini coefficient in the EU and Eurozone has hit a new low, with values of 29.6 and 29.8 respectively, indicating that income inequality has fallen in the blocs over the past decade.
Gini coefficient of equivalized disposable income for the European Union and the Euro currency area from 2011 to 2023
(scale from 0 to 100)
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Eurostat. (July 18, 2024). Gini coefficient of equivalized disposable income for the European Union and the Euro currency area from 2011 to 2023 (scale from 0 to 100) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1417444/inequality-in-europe-gini-coefficient-eu-eurozone/
Eurostat. "Gini coefficient of equivalized disposable income for the European Union and the Euro currency area from 2011 to 2023 (scale from 0 to 100)." Chart. July 18, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1417444/inequality-in-europe-gini-coefficient-eu-eurozone/
Eurostat. (2024). Gini coefficient of equivalized disposable income for the European Union and the Euro currency area from 2011 to 2023 (scale from 0 to 100). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1417444/inequality-in-europe-gini-coefficient-eu-eurozone/
Eurostat. "Gini Coefficient of Equivalized Disposable Income for The European Union and The Euro Currency Area from 2011 to 2023 (Scale from 0 to 100)." Statista, Statista Inc., 18 Jul 2024, https://www.statista.com/statistics/1417444/inequality-in-europe-gini-coefficient-eu-eurozone/
Eurostat, Gini coefficient of equivalized disposable income for the European Union and the Euro currency area from 2011 to 2023 (scale from 0 to 100) Statista, https://www.statista.com/statistics/1417444/inequality-in-europe-gini-coefficient-eu-eurozone/ (last visited November 03, 2024)
Gini coefficient of equivalized disposable income for the European Union and the Euro currency area from 2011 to 2023 (scale from 0 to 100) [Graph], Eurostat, July 18, 2024. [Online]. Available: https://www.statista.com/statistics/1417444/inequality-in-europe-gini-coefficient-eu-eurozone/
