Income share held by highest 20% in Australia
Australia: Income share held by highest 20% was 41.3% in 2020. ▲ Rising
Income share held by highest 20% in Australia, 1981–2020
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
Australia recorded 41.3% for income share held by highest 20% in 2020.
The figure is down 1.2% on the previous year and down 1.7% over ten years.
Over the whole period, income share held by highest 20% in Australia peaked at 42.7% in 2008 and was at its lowest, 39.2%, in 1981.
That places Australia 68th out of 121 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 40.0% | 39.2% | 40.6% | 3 |
| 1990s | 40.4% | 40.4% | 40.4% | 1 |
| 2000s | 41.4% | 40.9% | 42.7% | 4 |
| 2010s | 41.8% | 41.1% | 42.2% | 4 |
| 2020s | 41.3% | 41.3% | 41.3% | 1 |
Countries ranked near Australia
More poverty & inequality data for Australia
- Poverty headcount ratio at $8.30 a day (2021 PPP) 1.5% (2020)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 1.1% (2020)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 0.9% (2020)
- Poverty gap at $3.00 a day (2021 PPP) 0.6% (2020)
- Prosperity gap 1.2 average shortfall from a prosperity standard of $28/day (2020)
- Poverty gap at $8.30 a day (2021 PPP) 1.0% (2020)
- Poverty headcount ratio at societal poverty line 12.6% (2020)
- Poverty gap at $4.20 a day (2021 PPP) 0.7% (2020)
- Population living in slums 0.0% (2022)
- Income share held by second 20% 12.4% (2020)
Frequently asked questions
- What is income share held by highest 20% in Australia?
- Income share held by highest 20% in Australia was 41.3% in 2020, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest income share held by highest 20% recorded in Australia?
- The highest recorded value was 42.7% in 2008.
- What is the lowest income share held by highest 20% recorded in Australia?
- The lowest recorded value was 39.2% in 1981.
- How does Australia rank for income share held by highest 20%?
- Australia ranks 68th out of 121 countries with data for 2020.
- Is income share held by highest 20% rising or falling in Australia?
- Over the last ten years it is down 1.7%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by highest 20%. Statizoid updates them automatically from the source API.
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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.