Prosperity gap in Austria
Austria: Prosperity gap was 0.8 average shortfall from a prosperity standard of $28/day in 2023. ▲ Rising
Prosperity gap in Austria, 1994–2023
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. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
Austria recorded 0.8 average shortfall from a prosperity standard of $28/day for prosperity gap in 2023.
The figure is up 33.3% on the previous year and up 14.3% over ten years.
Over the whole period, prosperity gap in Austria peaked at 1.1 average shortfall from a prosperity standard of $28/day in 2015 and was at its lowest, 0.6 average shortfall from a prosperity standard of $28/day, in 1995.
That places Austria 105th out of 121 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6667 average shortfall from a prosperity standard of $28/day | 0.6 average shortfall from a prosperity standard of $28/day | 0.7 average shortfall from a prosperity standard of $28/day | 6 |
| 2000s | 0.725 average shortfall from a prosperity standard of $28/day | 0.6 average shortfall from a prosperity standard of $28/day | 1 average shortfall from a prosperity standard of $28/day | 8 |
| 2010s | 0.87 average shortfall from a prosperity standard of $28/day | 0.7 average shortfall from a prosperity standard of $28/day | 1.1 average shortfall from a prosperity standard of $28/day | 10 |
| 2020s | 0.85 average shortfall from a prosperity standard of $28/day | 0.6 average shortfall from a prosperity standard of $28/day | 1.1 average shortfall from a prosperity standard of $28/day | 4 |
Countries ranked near Austria
- 103 Poland 0.9 average shortfall from a prosperity standard of $28/day compare
- 103 United Kingdom 0.9 average shortfall from a prosperity standard of $28/day compare
- 105 Czechia 0.8 average shortfall from a prosperity standard of $28/day compare
- 105 Denmark 0.8 average shortfall from a prosperity standard of $28/day compare
- 108 Canada 0.7 average shortfall from a prosperity standard of $28/day compare
- 108 Finland 0.7 average shortfall from a prosperity standard of $28/day compare
- 108 Ireland 0.7 average shortfall from a prosperity standard of $28/day compare
- 108 South Korea 0.7 average shortfall from a prosperity standard of $28/day compare
- 108 Malta 0.7 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Austria
- Poverty headcount ratio at $8.30 a day (2021 PPP) 1.0% (2023)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 0.6% (2023)
- Poverty gap at $3.00 a day (2021 PPP) 0.4% (2023)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 0.5% (2023)
- Poverty gap at $8.30 a day (2021 PPP) 0.6% (2023)
- Poverty headcount ratio at societal poverty line 12.2% (2023)
- Poverty gap at $4.20 a day (2021 PPP) 0.4% (2023)
- Population living in slums 0.0% (2022)
- Income share held by second 20% 13.2% (2023)
- Gini index 31.2 (2023)
Frequently asked questions
- What is prosperity gap in Austria?
- Prosperity gap in Austria was 0.8 average shortfall from a prosperity standard of $28/day in 2023, 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 prosperity gap recorded in Austria?
- The highest recorded value was 1.1 average shortfall from a prosperity standard of $28/day in 2015.
- What is the lowest prosperity gap recorded in Austria?
- The lowest recorded value was 0.6 average shortfall from a prosperity standard of $28/day in 1995.
- How does Austria rank for prosperity gap?
- Austria ranks 105th out of 121 countries with data for 2023.
- Is prosperity gap rising or falling in Austria?
- Over the last ten years it is up 14.3%. The long-run trend across the full record is rising.
- Where does this Austria 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 Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
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CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.