Figures released by Statistics Denmark on Thursday show that the country’s Gini coefficient is over 30 for the first time since records began in 1997.
The Gini coefficient is a measure used to represent income or wealth inequality within a nation or a defined social group.
Denmark’s government has a declared target of reducing inequality in society, but that does not appear to have impacted the coefficient.
The figure increased from 29.7 in 2020 to 30.2 in 2021, according to Statistics Denmark.
The trend can be put down to an increase in personal fortunes, which increased the measure by 0.4 points in isolation.
Extraordinary growth on the Danish stock market in early 2021 is an additional factor in this.
According to the principles behind the coefficient, its value would be 0 if everyone in a society had the same income and 100 if one person received all incomes.
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