Story: Class

Income equality in OECD countries (3rd of 3)

Income equality in OECD countries

This graph provides an international comparison of equality of income. It uses the Gini coefficient, which calculates the average income distance between any two individuals in the population, scaled by average income. Scores close to 100% imply extreme inequality; those close to zero suggest great equality. On this scale New Zealand's level of 34 placed it 23rd out of 30 OECD countries with respect to equality. It was more equal than Mexico and the United States, about the same as Great Britain but less equal than Australia and the Scandinavian countries. The figures were from around 2004, except for Switzerland (2001) and Japan (2000).

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How to cite this page:

Jock Phillips, 'Class - A new society, 1970s onwards', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/graph/29742/income-equality-in-oecd-countries (accessed 24 June 2017)

Story by Jock Phillips, published 5 May 2011