Release Date :
PSS Agency :
PSA
Definition :
the ratio of the area between the Lorenz curve and the diagonal (the line of perfect equality) to the area below the diagonal
Notes:
It is a measure of the extent to which the distribution of income/ expenditure among families/individuals deviates from a perfectly equal distribution, with limits 0 for perfect equality and 1 for perfect inequality.
Formula
Source :
PSA
Board Resolution URL
Statistical Domain
Statistical Activity