Income share of the richest 1% (before tax) in Australia

Australia: Income share of the richest 1% (before tax) was 11.0% in 2022. ▬ Flat

Latest (2022)
11.0%
Change on year
up 0.2%
World rank
87th
of 113 countries
All-time high
16.9%
in 1950
All-time low
5.2%
in 1976
Years of data
76
1910–2022

Income share of the richest 1% (before tax) in Australia, 1910–2022

57.51012.51517.5191019662022

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2022, income share of the richest 1% (before tax) in Australia stood at 11.0%.

The figure is up 0.2% on the previous year and up 3.4% over ten years.

Over the whole period, income share of the richest 1% (before tax) in Australia peaked at 16.9% in 1950 and was at its lowest, 5.2%, in 1976.

That places Australia 87th out of 113 countries with data for 2022, putting it in the bottom quarter.

Income share of the richest 1% (before tax) in Australia, year by year

Annual values for Income share of the richest 1% (before tax) in Australia, 1910 to 2022.
Year % Change
1910 16.7%
1930 12.0% -28.1%
1940 12.7% +5.7%
1950 16.9% +33.3%
1951 10.8% -36.3%
1952 10.6% -1.4%
1953 10.1% -5.1%
1954 9.5% -5.3%
1955 8.9% -6.1%
1956 9.4% +4.9%
1957 8.2% -12.6%
1958 8.9% +8.4%
1959 8.3% -6.6%
1960 8.0% -4.2%
1961 7.9% -1.3%
1962 8.0% +2.3%
1963 8.4% +4.1%
1964 8.0% -4.2%
1965 7.7% -3.5%
1966 7.3% -6.1%
1967 7.5% +3.0%
1968 7.3% -2.8%
1969 7.3% -0.1%
1970 6.9% -4.8%
1971 6.8% -2.5%
1972 6.9% +1.6%
1973 6.6% -3.9%
1974 5.8% -11.7%
1975 5.4% -7.6%
1976 5.2% -3.3%
1977 5.3% +2.5%
1978 5.3% -0.9%
1979 5.5% +3.4%
1980 5.5% +0.2%
1981 5.3% -3.7%
1982 5.3% +0.8%
1983 5.3% -0.4%
1984 5.6% +6.6%
1985 6.0% +6.2%
1986 6.4% +6.3%
1987 7.5% +17.9%
1988 9.2% +22.8%
1989 7.6% -17.9%
1990 7.1% -6.7%
1991 7.0% -0.8%
1992 6.9% -1.9%
1993 7.2% +5.2%
1994 7.6% +5.0%
1995 7.9% +3.8%
1996 8.3% +5.2%
1997 7.5% -9.4%
1998 8.1% +8.3%
1999 8.3% +2.5%
2000 8.9% +7.2%
2001 8.9% +0.1%
2002 9.4% +5.0%
2003 9.5% +1.0%
2004 9.9% +4.6%
2005 10.1% +2.1%
2006 10.0% -1.3%
2007 10.8% +7.9%
2008 10.5% -2.6%
2009 10.9% +4.1%
2010 10.7% -1.9%
2011 10.9% +1.4%
2012 10.6% -2.2%
2013 10.4% -2.3%
2014 10.7% +3.3%
2015 10.2% -5.0%
2016 9.7% -5.2%
2017 10.0% +3.7%
2018 9.7% -3.5%
2019 9.9% +2.5%
2020 10.0% +1.1%
2021 11.0% +9.6%
2022 11.0% +0.2%

Australia compared with similar countries

  • Australia's 11.0% is below the median for high income countries, which is 11.8%, 93% of the median. (45 countries reporting)
  • Australia's 11.0% is below the median for East Asia & Pacific, which is 16.1%, 68% of the median. (14 countries reporting)

Biggest year-on-year movements

Years where Income share of the richest 1% (before tax) in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1951 -36.3% 16.9% 10.8%

Averages by decade

DecadeAverage LowestHighest Years
1910s 16.7% 16.7% 16.7% 1
1930s 12.0% 12.0% 12.0% 1
1940s 12.7% 12.7% 12.7% 1
1950s 10.2% 8.2% 16.9% 10
1960s 7.7% 7.3% 8.4% 10
1970s 6.0% 5.2% 6.9% 10
1980s 6.4% 5.3% 9.2% 10
1990s 7.6% 6.9% 8.3% 10
2000s 9.9% 8.9% 10.9% 10
2010s 10.3% 9.7% 10.9% 10
2020s 10.7% 10.0% 11.0% 3

Countries ranked near Australia

  1. 84 Moldova 11.8% compare
  2. 85 Guinea-Bissau 11.0% compare
  3. 86 Luxembourg 11.0% compare
  4. 88 Malta 10.9% compare
  5. 89 Switzerland 10.6% compare
  6. 90 Ethiopia 10.5% compare

See the full ranking of 113 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is income share of the richest 1% (before tax) in Australia?
Income share of the richest 1% (before tax) in Australia was 11.0% in 2022, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest income share of the richest 1% (before tax) recorded in Australia?
The highest recorded value was 16.9% in 1950.
What is the lowest income share of the richest 1% (before tax) recorded in Australia?
The lowest recorded value was 5.2% in 1976.
How does Australia rank for income share of the richest 1% (before tax)?
Australia ranks 87th out of 113 countries with data for 2022.
Is income share of the richest 1% (before tax) rising or falling in Australia?
Over the last ten years it is up 3.4%. The long-run trend across the full record is flat.
Where does this Australia data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Income share of the richest 1% (before tax). Statizoid updates them automatically from the source API.

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Income share of the richest 1% (before tax) in Australia. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/incomes-of-the-richest/australia/

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About this data

Indicator
Income share of the richest 1% (before tax)
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
113 places, 3,075 data points, 1820–2024
Last refreshed

Share of income received by the richest 1%. Income here is measured before taxes and benefits.