Fact files – Poverty in Hong Kong

Jamie Tong

Gini Coefficient

The Gini coefficient is a measure of the inequality of wealth, on a scale of 0 to 1, with a value of 0 expressing total equality and a val-ue of 1 referring to perfect inequality.

 

 

 

Source: The World Bank (2004); Census and Statistics Department
Hong Kong, which now has a Gini coefficient of 0.533 compared to 0.451 in 1981, has one of the widest wealth gaps in the whole world.

 

 

 

Source: Census and Statistics Department

Hong Kong’s income inequality problem soared in the eight-ies and nineties and reached 0.533 in 2011.

 

 

 

Source: Hong Kong Council of Social Service

The number of youths living in poverty has escalated significantly as the variety of jobs in Hong Kong is narrow. Teenagers may find a decent job with a relatively satisfying income if they do well in their academic studies. However, the job opportunities for teenag-ers who don’t are not promising.

 

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