Dictionaries in Python is same as Associative arrays or Maps in other languages. Unlike lists, dictionaries stores data in key-value pair.
Let’s see how to find the second maximum value in a Python dictionary.
Method #1: Naive Approach:
A general approach is to find the largest value of the dictionary and then iterate over the dictionary maintaining the value that must be greater than all the other values and less than the maximum value.
Method #2: Using sorted() method
We can find the second largest value in a dictionary by sorting the values of the dictionaries and then retrieving the second last element from the sorted list.
Explanation: example_dict.values() gives list of all the values in the dictionary. sorted() method will sort the list of dict_values. list(sorted(example_dict.values()))[-2] converts dict_values to list and return the second last element of the sorted list, i.e. the second largest value of dictionary.
if more than one maximum values are present in the dictionary as shown in the 2nd example, converting the dictionary values to a set will eliminate the duplicates.
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