Australia vs Sweden: Prosperity gap

Australia

1.16

in 2020

Sweden

1.11

in 2023

Australia rank

95th

Sweden rank

97th

Prosperity gap over time

Australia currently reports 1.16 against 1.11 in Sweden, a difference of 0.0507.

The two have swapped places 4 times across 11 shared years of data; in 1981 it was Australia ahead.

Australia ranks 95th and Sweden ranks 97th of 120 countries.

Indicator: Prosperity gap
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 120 places, 2,148 data points, 1963–2025
Last refreshed: 07 August 2026

Average factor by which incomes need to be multiplied to bring everyone to the prosperity standard of $28 per person per day.