Incomes of the richest in Australia
Australia: Incomes of the richest was 11 in 2022. ▬ Flat
Latest (2022)
11
Change on year
up 0.2%
World rank
87th
of 113 countries
All-time high
16.87
in 1950
All-time low
5.2
in 1976
Years of data
76
1910–2022
Incomes of the richest in Australia, 1910–2022
Source: Our World in Data.
Analysis
In 2022, incomes of the richest in Australia stood at 11.
The figure is up 0.2% on the previous year and up 3.4% over ten years.
Over the whole period, incomes of the richest in Australia peaked at 16.87 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.
Incomes of the richest in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1910 | 16.66 | — |
| 1930 | 11.98 | -28.1% |
| 1940 | 12.66 | +5.7% |
| 1950 | 16.87 | +33.3% |
| 1951 | 10.75 | -36.3% |
| 1952 | 10.6 | -1.4% |
| 1953 | 10.06 | -5.1% |
| 1954 | 9.53 | -5.3% |
| 1955 | 8.95 | -6.1% |
| 1956 | 9.39 | +4.9% |
| 1957 | 8.21 | -12.6% |
| 1958 | 8.9 | +8.4% |
| 1959 | 8.31 | -6.6% |
| 1960 | 7.96 | -4.2% |
| 1961 | 7.86 | -1.3% |
| 1962 | 8.04 | +2.3% |
| 1963 | 8.37 | +4.1% |
| 1964 | 8.02 | -4.2% |
| 1965 | 7.74 | -3.5% |
| 1966 | 7.27 | -6.1% |
| 1967 | 7.49 | +3.0% |
| 1968 | 7.28 | -2.8% |
| 1969 | 7.27 | -0.1% |
| 1970 | 6.92 | -4.8% |
| 1971 | 6.75 | -2.5% |
| 1972 | 6.86 | +1.6% |
| 1973 | 6.59 | -3.9% |
| 1974 | 5.82 | -11.7% |
| 1975 | 5.38 | -7.6% |
| 1976 | 5.2 | -3.3% |
| 1977 | 5.33 | +2.5% |
| 1978 | 5.28 | -0.9% |
| 1979 | 5.46 | +3.4% |
| 1980 | 5.47 | +0.2% |
| 1981 | 5.27 | -3.7% |
| 1982 | 5.31 | +0.8% |
| 1983 | 5.29 | -0.4% |
| 1984 | 5.64 | +6.6% |
| 1985 | 5.99 | +6.2% |
| 1986 | 6.37 | +6.3% |
| 1987 | 7.51 | +17.9% |
| 1988 | 9.22 | +22.8% |
| 1989 | 7.57 | -17.9% |
| 1990 | 7.06 | -6.7% |
| 1991 | 7 | -0.8% |
| 1992 | 6.87 | -1.9% |
| 1993 | 7.23 | +5.2% |
| 1994 | 7.59 | +5.0% |
| 1995 | 7.88 | +3.8% |
| 1996 | 8.29 | +5.2% |
| 1997 | 7.51 | -9.4% |
| 1998 | 8.13 | +8.3% |
| 1999 | 8.33 | +2.5% |
| 2000 | 8.93 | +7.2% |
| 2001 | 8.94 | +0.1% |
| 2002 | 9.39 | +5.0% |
| 2003 | 9.48 | +1.0% |
| 2004 | 9.92 | +4.6% |
| 2005 | 10.13 | +2.1% |
| 2006 | 10 | -1.3% |
| 2007 | 10.79 | +7.9% |
| 2008 | 10.51 | -2.6% |
| 2009 | 10.94 | +4.1% |
| 2010 | 10.73 | -1.9% |
| 2011 | 10.88 | +1.4% |
| 2012 | 10.64 | -2.2% |
| 2013 | 10.39 | -2.3% |
| 2014 | 10.73 | +3.3% |
| 2015 | 10.19 | -5.0% |
| 2016 | 9.66 | -5.2% |
| 2017 | 10.02 | +3.7% |
| 2018 | 9.67 | -3.5% |
| 2019 | 9.91 | +2.5% |
| 2020 | 10.02 | +1.1% |
| 2021 | 10.98 | +9.6% |
| 2022 | 11 | +0.2% |
Australia compared with similar countries
- Australia's 11 is below the median for high income countries, which is 11.84, 93% of the median. (45 countries reporting)
- Australia's 11 is below the median for East Asia & Pacific, which is 16.07, 68% of the median. (14 countries reporting)
Biggest year-on-year movements
Years where Incomes of the richest 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.
| Year | Change | From | To |
|---|---|---|---|
| 1951 | -36.3% | 16.87 | 10.75 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1910s | 16.66 | 16.66 | 16.66 | 1 |
| 1930s | 11.98 | 11.98 | 11.98 | 1 |
| 1940s | 12.66 | 12.66 | 12.66 | 1 |
| 1950s | 10.16 | 8.21 | 16.87 | 10 |
| 1960s | 7.73 | 7.27 | 8.37 | 10 |
| 1970s | 5.96 | 5.2 | 6.92 | 10 |
| 1980s | 6.36 | 5.27 | 9.22 | 10 |
| 1990s | 7.59 | 6.87 | 8.33 | 10 |
| 2000s | 9.9 | 8.93 | 10.94 | 10 |
| 2010s | 10.28 | 9.66 | 10.88 | 10 |
| 2020s | 10.67 | 10.02 | 11 | 3 |
Countries ranked near Australia
- 84 Moldova 11.79 compare
- 85 Guinea-Bissau 11.03 compare
- 86 Luxembourg 11.02 compare
- 88 Malta 10.94 compare
- 89 Switzerland 10.58 compare
- 90 Ethiopia 10.46 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 incomes of the richest in Australia?
- Incomes of the richest in Australia was 11 in 2022, according to Our World in Data.
- What is the highest incomes of the richest recorded in Australia?
- The highest recorded value was 16.87 in 1950.
- What is the lowest incomes of the richest recorded in Australia?
- The lowest recorded value was 5.2 in 1976.
- How does Australia rank for incomes of the richest?
- Australia ranks 87th out of 113 countries with data for 2022.
- Is incomes of the richest 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 Our World in Data, published as part of Incomes of the richest. Statizoid updates them automatically from the source API.
Download this data
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