Canada Gini Index
Canada's gini index fell to 29.9 points in 2020, down from 31.7 points in 2019, according to World Bank. This represents a decrease of 5.7% (1.8) from the previous year. Canada has gini index lower than the global median (29.90 points vs median 34.60 points). Compared with the median in Americas, Canada is lower (29.90 points vs regional median 42.70 points) and ranks 22nd out of 22 countries in Americas. Gini Index measures income or consumption inequality in Canada for the reference period, scaled 0 to 100 where higher values indicate greater inequality.
Canada's poverty rate was 0.2% in 2020, unchanged from 2019.