Australia vs Lower middle income: Bank or similar financial institution account, richest 60%

Australia
98.8%
in 2024
Lower middle income
69.1%
in 2024
Australia rank
12th
Lower middle income rank
9th

Bank or similar financial institution account, richest 60% over time

  • Australia
  • Lower middle income
020406080100201120172024

How they compare

Australia currently reports 98.8% against 69.1% in Lower middle income, a difference of 29.7%.

That makes Australia's figure about 1.4 times Lower middle income's.

Across all 5 years both countries report, Australia has been ahead every year.

Australia ranks 12th and Lower middle income ranks 9th of 102 countries.

Australia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Australia Lower middle income Difference Ahead
2010s 99.2% 49.0% 50.2% Australia
2020s 99.4% 65.1% 34.3% Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank or similar financial institution account, richest 60%, Australia or Lower middle income?
Australia, at 98.8% against 69.1% in Lower middle income as of 2024.
What is the difference in bank or similar financial institution account, richest 60% between Australia and Lower middle income?
29.7%, with Australia ahead.
How many years of comparable data are there for Australia and Lower middle income?
5 years are reported by both, from 2011 to 2024.
How do Australia and Lower middle income rank globally for bank or similar financial institution account, richest 60%?
Australia ranks 12th and Lower middle income ranks 9th of 102 countries.
Where does this data come from?
The World Bank, published as Bank or similar financial institution account, richest 60% (% age 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Lower middle income: Bank or similar financial institution account, richest 60%. Statizoid. Retrieved 14 September 2026, from https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-richest-60-percent-percent-age-15/australia/lower-middle-income/

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About this data

Indicator
Bank or similar financial institution account, richest 60% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed