The Gini ratio for March 2023 was recorded at 0.325

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The Gini ratio for March 2023 was recorded at 0.325

Release Date	:	July 17, 2023
File Size	:	3.13 MB

Abstract

In March 2023, the level of inequality in expenditure of NTT Province residents as measured using the Gini Ratio is 0.325. This figure is down 0.009 points when compared to the March 2022 Gini Ratio of 0.334.
The Gini Ratio in urban areas in March 2023 was recorded at 0.299, down from 2022.0 in March 324.
The Gini Ratio in rural areas in March 2023 was recorded at 0.307, an increase from the Gini Ratio in March 2022 of 0.304.
Based on the World Bank's measure of inequality, the distribution of spending in the bottom 40 percent is 20.92 percent. This means that population expenditure in March 2023 will be in the low inequality category. If broken down by region, in urban areas the figure was recorded at 22.35 percent, which means it is classified as low inequality. As for rural areas, the figure was recorded at 22.12 percent, which also means that it is classified as low inequality.

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