Gini coefficient
Sources of data:
Eurostat
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.
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)