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
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.
Ethiopia has averaged higher in every one of the 16 decades both report.
Head to head by decade
| Decade | Australia | Ethiopia | Difference | Ahead |
|---|---|---|---|---|
| 1820s | 29.4% | 41.8% | 12.4% | Ethiopia |
| 1850s | 30.8% | 43.6% | 12.9% | Ethiopia |
| 1880s | 30.0% | 45.7% | 15.7% | Ethiopia |
| 1900s | 41.3% | 45.7% | 4.4% | Ethiopia |
| 1910s | 41.2% | 45.6% | 4.4% | Ethiopia |
| 1920s | 22.1% | 45.8% | 23.6% | Ethiopia |
| 1930s | 21.7% | 45.8% | 24.1% | Ethiopia |
| 1940s | 22.2% | 45.9% | 23.6% | Ethiopia |
| 1950s | 21.9% | 46.1% | 24.1% | Ethiopia |
| 1960s | 21.0% | 46.8% | 25.8% | Ethiopia |
| 1970s | 20.9% | 46.9% | 26.0% | Ethiopia |
| 1980s | 21.7% | 38.3% | 16.6% | Ethiopia |
| 1990s | 21.9% | 34.0% | 12.1% | Ethiopia |
| 2000s | 22.3% | 24.2% | 1.9% | Ethiopia |
| 2010s | 22.8% | 24.6% | 1.8% | Ethiopia |
| 2020s | 23.5% | 23.6% | 0.1% | Ethiopia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher wealth share of the richest 1%, Australia or Ethiopia?
- Australia, at 23.7% against 23.6% in Ethiopia as of 2024.
- What is the difference in wealth share of the richest 1% between Australia and Ethiopia?
- 0.1%, with Australia ahead.
- How many years of comparable data are there for Australia and Ethiopia?
- 56 years are reported by both, from 1820 to 2024.
- How do Australia and Ethiopia rank globally for wealth share of the richest 1%?
- Australia ranks 177th and Ethiopia ranks 180th of 215 countries.
- Where does this data come from?
- World Inequality Database (WID.world) (2026) β with major processing by Our World in Data, published as Wealth share of the richest 1%. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.