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.
| Rank | Country | Market-income Gini | Year | Region |
|---|---|---|---|---|
| 1 | Iceland | 0.384 | 2019 | Europe & Central Asia |
| 2 | Korea, Rep. | 0.396 | 2022 | East Asia & Pacific |
| 3 | Switzerland | 0.402 | 2022 | Europe & Central Asia |
| 4 | Slovak Republic | 0.413 | 2023 | Europe & Central Asia |
| 5 | Mexico | 0.416 | 2022 | Latin America & Caribbean |
| 6 | Hungary | 0.417 | 2022 | Europe & Central Asia |
| 7 | Czechia | 0.429 | 2023 | Europe & Central Asia |
| 8 | Slovenia | 0.429 | 2023 | Europe & Central Asia |
| 9 | Sweden | 0.432 | 2023 | Europe & Central Asia |
| 10 | Canada | 0.433 | 2023 | North America |
| 11 | Norway | 0.434 | 2022 | Europe & Central Asia |
| 12 | Russian Federation | 0.434 | 2017 | Europe & Central Asia |
| 13 | Australia | 0.441 | 2020 | East Asia & Pacific |
| 14 | Poland | 0.442 | 2023 | Europe & Central Asia |
| 15 | Denmark | 0.442 | 2022 | Europe & Central Asia |
| 16 | Netherlands | 0.442 | 2023 | Europe & Central Asia |
| 17 | Israel | 0.449 | 2022 | Middle East, North Africa, Afghanistan & Pakistan |
| 18 | Croatia | 0.451 | 2023 | Europe & Central Asia |
| 19 | Romania | 0.455 | 2023 | Europe & Central Asia |
| 20 | New Zealand | 0.457 | 2022 | East Asia & Pacific |
| 21 | Luxembourg | 0.461 | 2023 | Europe & Central Asia |
| 22 | Estonia | 0.468 | 2023 | Europe & Central Asia |
| 23 | Latvia | 0.473 | 2023 | Europe & Central Asia |
| 24 | Spain | 0.477 | 2023 | Europe & Central Asia |
| 25 | Ireland | 0.477 | 2023 | Europe & Central Asia |
| 26 | Belgium | 0.486 | 2023 | Europe & Central Asia |
| 27 | Chile | 0.491 | 2022 | Latin America & Caribbean |
| 28 | Austria | 0.492 | 2023 | Europe & Central Asia |
| 29 | Portugal | 0.504 | 2023 | Europe & Central Asia |
| 30 | Lithuania | 0.505 | 2023 | Europe & Central Asia |
| 31 | Germany | 0.505 | 2022 | Europe & Central Asia |
| 32 | United States | 0.506 | 2023 | North America |
| 33 | Greece | 0.506 | 2023 | Europe & Central Asia |
| 34 | India | 0.508 | 2011 | South Asia |
| 35 | Italy | 0.509 | 2023 | Europe & Central Asia |
| 36 | Finland | 0.509 | 2023 | Europe & Central Asia |
| 37 | Japan | 0.513 | 2021 | East Asia & Pacific |
| 38 | France | 0.517 | 2023 | Europe & Central Asia |
| 39 | Bulgaria | 0.52 | 2023 | Europe & Central Asia |
| 40 | United Kingdom | 0.522 | 2023 | Europe & Central Asia |
| 41 | Brazil | 0.523 | 2022 | Latin America & Caribbean |
| 42 | Turkiye | 0.525 | 2022 | Europe & Central Asia |
| 43 | Costa Rica | 0.526 | 2024 | Latin America & Caribbean |
| 44 | China | 0.548 | 2011 | East Asia & Pacific |
| 45 | South Africa | 0.709 | 2017 | Sub-Saharan Africa |
More on market-income gini
- Countries With the Highest Market-income Gini
- Market-income Gini by country: trend over time and what it goes with
Related rankings
- Countries With the Lowest Redistribution
- Countries With the Lowest Gini Index
- Countries With the Lowest Extreme Poverty Rates
- Countries With the Lowest Equality Scores
A ranking describes countries, not the people in them, and a high or low place does not by itself say why. All country rankings.