Domestic comprehensive wealth index in Australia
Australia: Domestic comprehensive wealth index was 22.57 trillion real chained 2019 US$ in 2020. ▲ Rising
Domestic comprehensive wealth index in Australia, 1995–2020
Source: World Bank. Measured in real chained 2019 US$.
Analysis
In 2020, domestic comprehensive wealth index in Australia stood at 22.57 trillion real chained 2019 US$. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 1.8% on the previous year and up 25.4% over ten years.
Over the whole period, domestic comprehensive wealth index in Australia peaked at 22.57 trillion real chained 2019 US$ in 2020 and was at its lowest, 12.21 trillion real chained 2019 US$, in 1995.
That places Australia 8th out of 151 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Domestic comprehensive wealth index in Australia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 12.21 trillion real chained 2019 US$ | — |
| 1996 | 12.47 trillion real chained 2019 US$ | +2.1% |
| 1997 | 12.68 trillion real chained 2019 US$ | +1.6% |
| 1998 | 12.96 trillion real chained 2019 US$ | +2.2% |
| 1999 | 13.32 trillion real chained 2019 US$ | +2.8% |
| 2000 | 13.64 trillion real chained 2019 US$ | +2.4% |
| 2001 | 13.84 trillion real chained 2019 US$ | +1.4% |
| 2002 | 14.25 trillion real chained 2019 US$ | +3.0% |
| 2003 | 14.59 trillion real chained 2019 US$ | +2.4% |
| 2004 | 14.84 trillion real chained 2019 US$ | +1.7% |
| 2005 | 15.16 trillion real chained 2019 US$ | +2.2% |
| 2006 | 15.59 trillion real chained 2019 US$ | +2.8% |
| 2007 | 16.08 trillion real chained 2019 US$ | +3.1% |
| 2008 | 16.67 trillion real chained 2019 US$ | +3.7% |
| 2009 | 17.18 trillion real chained 2019 US$ | +3.0% |
| 2010 | 17.99 trillion real chained 2019 US$ | +4.8% |
| 2011 | 18.50 trillion real chained 2019 US$ | +2.8% |
| 2012 | 18.83 trillion real chained 2019 US$ | +1.7% |
| 2013 | 19.57 trillion real chained 2019 US$ | +3.9% |
| 2014 | 19.97 trillion real chained 2019 US$ | +2.0% |
| 2015 | 20.36 trillion real chained 2019 US$ | +2.0% |
| 2016 | 20.73 trillion real chained 2019 US$ | +1.9% |
| 2017 | 21.26 trillion real chained 2019 US$ | +2.5% |
| 2018 | 21.75 trillion real chained 2019 US$ | +2.3% |
| 2019 | 22.16 trillion real chained 2019 US$ | +1.9% |
| 2020 | 22.57 trillion real chained 2019 US$ | +1.8% |
Australia compared with similar countries
- Australia's 22.57 trillion real chained 2019 US$ is above the median for high income countries, which is 2.84 trillion real chained 2019 US$, 7.9× the median. (51 countries reporting)
- Australia's 22.57 trillion real chained 2019 US$ is above the median for East Asia & Pacific, which is 3.08 trillion real chained 2019 US$, 7.3× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.73 trillion real chained 2019 US$ | 12.21 trillion real chained 2019 US$ | 13.32 trillion real chained 2019 US$ | 5 |
| 2000s | 15.18 trillion real chained 2019 US$ | 13.64 trillion real chained 2019 US$ | 17.18 trillion real chained 2019 US$ | 10 |
| 2010s | 20.11 trillion real chained 2019 US$ | 17.99 trillion real chained 2019 US$ | 22.16 trillion real chained 2019 US$ | 10 |
| 2020s | 22.57 trillion real chained 2019 US$ | 22.57 trillion real chained 2019 US$ | 22.57 trillion real chained 2019 US$ | 1 |
Countries ranked near Australia
- 5 France 32.59 trillion real chained 2019 US$ compare
- 6 United Kingdom 27.34 trillion real chained 2019 US$ compare
- 7 India 22.90 trillion real chained 2019 US$ compare
- 9 Canada 21.48 trillion real chained 2019 US$ compare
- 10 Brazil 18.82 trillion real chained 2019 US$ compare
- 11 Russia 16.46 trillion real chained 2019 US$ compare
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is domestic comprehensive wealth index in Australia?
- Domestic comprehensive wealth index in Australia was 22.57 trillion real chained 2019 US$ in 2020, according to the World Bank.
- What is the highest domestic comprehensive wealth index recorded in Australia?
- The highest recorded value was 22.57 trillion real chained 2019 US$ in 2020.
- What is the lowest domestic comprehensive wealth index recorded in Australia?
- The lowest recorded value was 12.21 trillion real chained 2019 US$ in 1995.
- How does Australia rank for domestic comprehensive wealth index?
- Australia ranks 8th out of 151 countries with data for 2020.
- Is domestic comprehensive wealth index rising or falling in Australia?
- Over the last ten years it is up 25.4%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from the World Bank, published as part of Domestic comprehensive wealth index (real chained 2019 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).