What are Inequality metrics? Finding the right Inequality metrics can be daunting, especially when you're busy working on your day-to-day tasks. This is why we've curated a list of examples for your inspiration.
Copy these examples into your preferred app, or you can also use Tability to keep yourself accountable.
Find Inequality metrics with AI While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI metrics generator below to generate your own strategies.
Examples of Inequality metrics and KPIs 1. Income Inequality (Gini Coefficient) Measures the degree of inequality in income distribution within a population. It ranges from 0 (complete equality) to 1 (complete inequality).
What good looks like for this metric: Values typically range between 0.25 and 0.60
Ideas to improve this metric Implement progressive taxation policies Increase access to education and skills training Enhance social safety nets Promote wage growth in low-income sectors Encourage public-private partnerships for economic development 2. Unemployment Rate The percentage of the labour force that is unemployed and actively seeking employment.
What good looks like for this metric: A typical healthy range is 4% to 6%
Ideas to improve this metric Invest in job creation programmes Enhance vocational training and apprenticeships Support small and medium enterprises Facilitate business innovation and entrepreneurship Promote flexible working conditions 3. Poverty Rate The percentage of the population living below the poverty line, typically below $1.90 per day.
What good looks like for this metric: Usually ranges from 5% to 30%, varying by country
Ideas to improve this metric Increase social welfare programmes Encourage economic growth through infrastructure investments Enhance financial inclusion efforts Support affordable housing initiatives Improve access to quality healthcare and education 4. Public Debt to GDP Ratio The ratio of a country's public debt to its Gross Domestic Product, indicating the country's ability to pay off its debt.
What good looks like for this metric: Typically ranges between 40% and 60%
Ideas to improve this metric Implement fiscal responsibility laws Diversify the economy to increase GDP Enhance tax collection efficiency Rationalise public spending Promote investment in productive sectors 5. Economic Diversification Index Measures the variety of productive sectors within an economy, reducing reliance on a single industry.
What good looks like for this metric: Values differ but higher indicates more diversification
Ideas to improve this metric Encourage sectoral growth and innovation Invest in new industries and technologies Support start-ups in emerging sectors Promote research and development Facilitate trade and export market exploration
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Tracking your Inequality metrics Having a plan is one thing, sticking to it is another.
Having a good strategy is only half the effort. You'll increase significantly your chances of success if you commit to a weekly check-in process .
A tool like Tability can also help you by combining AI and goal-setting to keep you on track.
More metrics recently published We have more examples to help you below.
Planning resources OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:
Tability's check-ins will save you hours and increase transparency
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