Statizoid

Australia vs Ethiopia: Wealth share of the richest 1%

Australia
23.7%
in 2024
Ethiopia
23.6%
in 2024
Australia rank
177th
Ethiopia rank
180th

Wealth share of the richest 1% over time

  • Australia
  • Ethiopia
01020304050182019222024

How they compare

Australia currently reports 23.7% against 23.6% in Ethiopia, a difference of 0.1%.

The two have swapped places 3 times across 56 shared years of data; in 1820 it was Ethiopia ahead.

Australia ranks 177th and Ethiopia ranks 180th of 215 countries.

Individual pages

About this data

Indicator
Wealth share of the richest 1%
Unit
%
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
215 places, 10,553 data points, 1800–2024
Last refreshed

The share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.