Australia vs Guinea-Bissau: Wealth share of the richest 1%
Australia
23.7%
in 2024
Guinea-Bissau
23.9%
in 2024
Australia rank
177th
Guinea-Bissau rank
174th
Wealth share of the richest 1% over time
- Australia
- Guinea-Bissau
How they compare
Guinea-Bissau currently reports 23.9% against 23.7% in Australia, a difference of 0.2%.
Across all 45 years both countries report, Guinea-Bissau has been ahead every year.
Australia ranks 177th and Guinea-Bissau ranks 174th of 215 countries.
Guinea-Bissau has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 21.7% | 39.1% | 17.4% | Guinea-Bissau |
| 1990s | 21.9% | 31.3% | 9.4% | Guinea-Bissau |
| 2000s | 22.3% | 29.5% | 7.2% | Guinea-Bissau |
| 2010s | 22.8% | 30.5% | 7.7% | Guinea-Bissau |
| 2020s | 23.5% | 23.9% | 0.4% | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher wealth share of the richest 1%, Australia or Guinea-Bissau?
- Guinea-Bissau, at 23.9% against 23.7% in Australia as of 2024.
- What is the difference in wealth share of the richest 1% between Australia and Guinea-Bissau?
- 0.2%, with Guinea-Bissau ahead.
- How many years of comparable data are there for Australia and Guinea-Bissau?
- 45 years are reported by both, from 1980 to 2024.
- How do Australia and Guinea-Bissau rank globally for wealth share of the richest 1%?
- Australia ranks 177th and Guinea-Bissau ranks 174th 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.