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Inequality of income

The Gini index measures the extent to which the distribution of income or consumption expenditure among individuals or households within an economy deviates from a perfectly equal distribution.

 

Inequality has been growing in Hungary over a period of several years. The flat tax, drastic cutbacks in the social welfare system, and high VAT rates all strengthened this process.

Gini coefficient

Sources of data: 
Eurostat

S80/S20 income quintile share ratio

Sources of data: 
Eurostat

The income quintile share ratio (also called the S80/S20 ratio) is a measure of the inequality of income distribution. It is calculated as the ratio of total income received by the 20% of the population with the highest income (the top quintile) to that received by the 20% of the population with the lowest income (the bottom quintile)