This indicator represents the proportion of total income allocated to the lowest quintile of the population, highlighting disparities in economic distribution. It reflects how wealth is shared among different segments, providing critical insights into the financial well-being of the least affluent members of society. By examining this measure, policymakers and researchers can assess the effectiveness of social programs and taxation policies aimed at reducing inequality. Moreover, it underscores the importance of inclusive economic growth, as a higher share for the lowest income group can signal improved living standards and access to resources. Tracking this figure over time can reveal trends and shifts in economic equity, guiding targeted interventions. Source: