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Countries With the Lowest Market-income Gini

Every country with a figure for market-income gini, ranked from lowest to highest. The top three are Iceland (0.384), Korea, Rep. (0.396) and Switzerland (0.402). The middle country of the 45 has 0.473.

What this measures

Gini coefficient of market income, in index, 0 to 1. Source: OECD. For this measure, higher is worse.

Inequality of household income before taxes and government payments, for the whole population. It is not the Gini already on the site, which is of income after taxes and payments. The gap between the two shows what the government does. The number of countries jumps from 24 to 34 in 2011, when the OECD changed its definition of income, so the series is used from 2011 on.

The full ranking

Each country’s latest figure, from 2011–2024. The year beside each value says when it was measured.

RankCountryMarket-income GiniYearRegion
1Iceland0.3842019Europe & Central Asia
2Korea, Rep.0.3962022East Asia & Pacific
3Switzerland0.4022022Europe & Central Asia
4Slovak Republic0.4132023Europe & Central Asia
5Mexico0.4162022Latin America & Caribbean
6Hungary0.4172022Europe & Central Asia
7Czechia0.4292023Europe & Central Asia
8Slovenia0.4292023Europe & Central Asia
9Sweden0.4322023Europe & Central Asia
10Canada0.4332023North America
11Norway0.4342022Europe & Central Asia
12Russian Federation0.4342017Europe & Central Asia
13Australia0.4412020East Asia & Pacific
14Poland0.4422023Europe & Central Asia
15Denmark0.4422022Europe & Central Asia
16Netherlands0.4422023Europe & Central Asia
17Israel0.4492022Middle East, North Africa, Afghanistan & Pakistan
18Croatia0.4512023Europe & Central Asia
19Romania0.4552023Europe & Central Asia
20New Zealand0.4572022East Asia & Pacific
21Luxembourg0.4612023Europe & Central Asia
22Estonia0.4682023Europe & Central Asia
23Latvia0.4732023Europe & Central Asia
24Spain0.4772023Europe & Central Asia
25Ireland0.4772023Europe & Central Asia
26Belgium0.4862023Europe & Central Asia
27Chile0.4912022Latin America & Caribbean
28Austria0.4922023Europe & Central Asia
29Portugal0.5042023Europe & Central Asia
30Lithuania0.5052023Europe & Central Asia
31Germany0.5052022Europe & Central Asia
32United States0.5062023North America
33Greece0.5062023Europe & Central Asia
34India0.5082011South Asia
35Italy0.5092023Europe & Central Asia
36Finland0.5092023Europe & Central Asia
37Japan0.5132021East Asia & Pacific
38France0.5172023Europe & Central Asia
39Bulgaria0.522023Europe & Central Asia
40United Kingdom0.5222023Europe & Central Asia
41Brazil0.5232022Latin America & Caribbean
42Turkiye0.5252022Europe & Central Asia
43Costa Rica0.5262024Latin America & Caribbean
44China0.5482011East Asia & Pacific
45South Africa0.7092017Sub-Saharan Africa

More on market-income gini

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A ranking describes countries, not the people in them, and a high or low place does not by itself say why. All country rankings.