In 2010 Sweden's income Gini coefficient was the third lowest among developed countries, at 0.25—slightly higher than Japan and Denmark—suggesting Sweden had low income inequality. However, Sweden's wealth Gini coefficient at 0.853 was the second highest in developed countries, and above European and North American averages, suggesting high wealth inequality. Even on a disposable income basis, the geographical distribution of Gini coefficient of income inequality varies within different regions and municipalities of Sweden. Danderyd, outside Stockholm, has Sweden's highest Gini coefficient of income inequality, at 0.55, while Hofors near Gävle has the lowest at 0.25. In and around Stockholm and Scania, two of the more densely populated regions of Sweden, the income Gini coefficient is between 0.35 and 0.55.