Canada vs Montenegro: Palma ratio (before tax)

Canada
3.53
in 2022
Montenegro
3.66
in 2021
Canada rank
74th
Montenegro rank
71st

Palma ratio (before tax) over time

  • Canada
  • Montenegro
01234192019712022

How they compare

Montenegro currently reports 3.66 against 3.53 in Canada, a difference of 0.13.

The two have swapped places 3 times across 19 shared years of data; in 1984 it was Canada ahead.

Canada ranks 74th and Montenegro ranks 71st of 113 countries.

Across the 5 decades both report, Canada averaged higher in 3 and Montenegro in 2.

Head to head by decade

Decade Canada Montenegro Difference Ahead
1980s 2.18 2.09 0.0906 Canada
1990s 2.95 2.05 0.9012 Canada
2000s 3.57 2.99 0.5757 Canada
2010s 3.31 3.83 0.515 Montenegro
2020s 3.4 3.66 0.2671 Montenegro

Averages of every year both report within each decade.

Frequently asked questions

Which has higher palma ratio (before tax), Canada or Montenegro?
Montenegro, at 3.66 against 3.53 in Canada as of 2021.
What is the difference in palma ratio (before tax) between Canada and Montenegro?
0.13, with Montenegro ahead.
How many years of comparable data are there for Canada and Montenegro?
19 years are reported by both, from 1984 to 2021.
How do Canada and Montenegro rank globally for palma ratio (before tax)?
Canada ranks 74th and Montenegro ranks 71st of 113 countries.
Where does this data come from?
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as Palma ratio (before tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Montenegro: Palma ratio (before tax). Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/compare/palma-ratio-wid/canada/montenegro/

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About this data

Indicator
Palma ratio (before tax)
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
113 places, 3,075 data points, 1820–2024
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality. Inequality is measured here in terms of income before taxes and benefits.