{"id":342594,"date":"2025-07-10T20:26:52","date_gmt":"2025-07-10T14:56:52","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=342594"},"modified":"2025-07-10T20:37:21","modified_gmt":"2025-07-10T15:07:21","slug":"world-bank-ranks-india-among-the-most-equal-countries","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/world-bank-ranks-india-among-the-most-equal-countries\/","title":{"rendered":"World Bank Ranks India Among the Most Equal Countries"},"content":{"rendered":"<p><strong>News:<\/strong> The World Bank\u2019s Spring 2025 Poverty and Equity Brief has ranked India as the fourth most equal country in the world based on the Gini Index, with a score of 25.5.<\/p>\n<h2>Key Highlights of the Report<\/h2>\n<table style=\"width: 100%; border-collapse: collapse; border-style: solid;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\">The Gini Index is a statistical tool that <strong>measures income inequality<\/strong> within a country. A <strong>score of 0 represents perfect equality<\/strong>, while <strong>100 denotes perfect inequality<\/strong>.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li>This Gini score is <strong>lower than that of China (35.7), the USA (41.8), and the UK (34.4)<\/strong>, indicating that income distribution in India is more equitable than in many advanced economies, including all <strong>G7 and G20 countries.<\/strong><\/li>\n<li>Among 167 countries, <strong>Slovak Republic<\/strong> ranks first with a Gini score of <strong>24.1<\/strong>, followed by <strong>Slovenia (24.3)<\/strong>, <strong>Belarus (24.4)<\/strong>, and then <strong>India (25.5)<\/strong>.<\/li>\n<li>The report highlights that <strong>India falls in the &#8216;moderately low inequality&#8217; group<\/strong> and is very close to joining the &#8216;low inequality&#8217; category.<\/li>\n<li><strong>India has lifted 171 million people out of extreme poverty<\/strong> since 2011\u201312.<\/li>\n<li>The <strong>World Bank has also revised the global poverty line<\/strong> from <strong>$2.15\/day to $3\/day<\/strong> to account for inflation and real consumption needs.<\/li>\n<li>As a result of this revision, the <strong>extreme poverty rate in India<\/strong> has dropped from <strong>27.1% in 2011\u201312 to just 5.3% in 2022\u201323<\/strong>, reducing the number of people living in extreme poverty from <strong>344 million to 75 million.<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: The World Bank\u2019s Spring 2025 Poverty and Equity Brief has ranked India as the fourth most equal country in the world based on the Gini Index, with a score of 25.5. Key Highlights of the Report The Gini Index is a statistical tool that measures income inequality within a country. A score of 0&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/world-bank-ranks-india-among-the-most-equal-countries\/\">Continue reading <span class=\"screen-reader-text\">World Bank Ranks India Among the Most Equal Countries<\/span><\/a><\/p>\n","protected":false},"author":10366,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,1305,12039],"tags":[11872,10500],"class_list":["post-342594","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-index-reports-bodies","category-knolls","tag-9pm-daily-factly","tag-indian-express","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/342594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10366"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=342594"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/342594\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=342594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=342594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=342594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}