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Gini coefficient
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=== World income Gini index since 1800s === Taking income distribution of all human beings, worldwide income inequality has been constantly increasing since the early 19th century (and will keep on increasing over the years) . There was a steady increase in the global income inequality Gini score from 1820 to 2002, with a significant increase between 1980 and 2002. This trend appears to have peaked and begun a reversal with rapid economic growth in emerging economies, particularly in the large populations of [[BRIC (economics term)|BRIC]] countries.<ref>{{cite journal|title=More or Less|journal=Finance & Development|date= September 2011|volume= 48|issue= 3|first=Branko|last=Milanovic|url=http://www.imf.org/external/pubs/ft/fandd/2011/09/milanovic.htm}}</ref> The table below presents the estimated world income Gini coefficients over the last 200 years, as calculated by Milanovic.<ref>{{Cite web |last= Milanovic |first= Branko |year= 2009 |title= Global Inequality and the Global Inequality Extraction Ratio |publisher=World Bank|url=http://www-wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2009/09/09/000158349_20090909092401/Rendered/PDF/WPS5044.pdf |archive-url=https://web.archive.org/web/20131111142720/http://www-wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2009/09/09/000158349_20090909092401/Rendered/PDF/WPS5044.pdf |archive-date=2013-11-11 |url-status=live}}</ref> {| class="wikitable" style="text-align: center;" |+ Income Gini coefficient - World, 1820β2005 |- ! Year !! World Gini coefficients<ref name=fao2009 /><ref name=unicef2011 /><ref>{{cite web|title=Riding the Elephants: The Evolution of World Economic Growth and Income Distribution at the End of the Twentieth Century (1980β2000)|first1=Albert|last1=Berry |first2=John|last2=Serieux |publisher=United Nations (DESA Working Paper No. 27)|date=September 2006|url=https://www.un.org/esa/desa/papers/2006/wp27_2006.pdf |archive-url=https://web.archive.org/web/20090217064745/http://www.un.org/esa/desa/papers/2006/wp27_2006.pdf |archive-date=2009-02-17 |url-status=live}}</ref> |- | 1820 || 0.43 |- | 1850 || 0.53 |- | 1870 || 0.56 |- | 1913 || 0.61 |- | 1929 || 0.62 |- | 1950 || 0.64 |- | 1960 || 0.64 |- | 1980 || 0.66 |- | 2002 || 0.71 |- | 2005 || 0.68 |} More detailed data from similar sources plots a continuous decline since 1988. This is attributed to [[globalization]] increasing incomes for billions of poor people, mostly in countries like China and India. Developing countries like Brazil have also improved basic services like health care, education, and sanitation; others like Chile and Mexico have enacted more [[progressive tax]] policies.<ref>{{cite web|url=https://www.npr.org/sections/goatsandsoda/2017/01/25/511594991/what-the-stat-about-the-8-richest-men-doesnt-tell-us-about-inequality|title=What The Stat About The 8 Richest Men Doesn't Tell Us About Inequality| website=NPR | date=25 January 2017 | last1=Gharib | first1=Malaka }}</ref> {| class="wikitable" style="text-align: center;" |+ Income Gini coefficient - World, 1988β2013 |- !Year !World Gini coefficients<ref>{{cite web| title= Poverty and Prosperity 2016 / Taking on Inequality |url=https://openknowledge.worldbank.org/bitstream/handle/10986/25078/9781464809583.pdf |archive-url=https://web.archive.org/web/20161115132032/https://openknowledge.worldbank.org/bitstream/handle/10986/25078/9781464809583.pdf |archive-date=2016-11-15 |url-status=live |author=World Bank|author-link=World Bank }}. Figure O.10 Global Inequality, 1988β2013</ref> |- |1988 || 0.80 |- |1993 || 0.76 |- |1998 || 0.74 |- |2003 || 0.72 |- |2008 || 0.70 |- |2013 || 0.65 |}
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