National comprehensive wealth per capita index in Australia
Australia: National comprehensive wealth per capita index was 851,877 real chained 2019 US$ in 2020. ▲ Rising
National comprehensive wealth per capita index in Australia, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
In 2020, national comprehensive wealth per capita index in Australia stood at 851,877 real chained 2019 US$. That is the highest value across all 26 years on record.
The figure is up 0.4% on the previous year and up 11.8% over ten years.
Over the whole period, national comprehensive wealth per capita index in Australia peaked at 851,877 real chained 2019 US$ in 2020 and was at its lowest, 627,820 real chained 2019 US$, in 1995.
That places Australia 6th out of 150 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
National comprehensive wealth per capita index in Australia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 627,820 real chained 2019 US$ | — |
| 1996 | 632,809 real chained 2019 US$ | +0.8% |
| 1997 | 641,141 real chained 2019 US$ | +1.3% |
| 1998 | 649,260 real chained 2019 US$ | +1.3% |
| 1999 | 660,567 real chained 2019 US$ | +1.7% |
| 2000 | 672,308 real chained 2019 US$ | +1.8% |
| 2001 | 676,819 real chained 2019 US$ | +0.7% |
| 2002 | 688,066 real chained 2019 US$ | +1.7% |
| 2003 | 693,990 real chained 2019 US$ | +0.9% |
| 2004 | 697,416 real chained 2019 US$ | +0.5% |
| 2005 | 705,204 real chained 2019 US$ | +1.1% |
| 2006 | 713,259 real chained 2019 US$ | +1.1% |
| 2007 | 718,316 real chained 2019 US$ | +0.7% |
| 2008 | 741,696 real chained 2019 US$ | +3.3% |
| 2009 | 738,932 real chained 2019 US$ | -0.4% |
| 2010 | 762,295 real chained 2019 US$ | +3.2% |
| 2011 | 774,728 real chained 2019 US$ | +1.6% |
| 2012 | 772,583 real chained 2019 US$ | -0.3% |
| 2013 | 801,622 real chained 2019 US$ | +3.8% |
| 2014 | 809,960 real chained 2019 US$ | +1.0% |
| 2015 | 817,020 real chained 2019 US$ | +0.9% |
| 2016 | 820,690 real chained 2019 US$ | +0.4% |
| 2017 | 827,818 real chained 2019 US$ | +0.9% |
| 2018 | 839,760 real chained 2019 US$ | +1.4% |
| 2019 | 848,176 real chained 2019 US$ | +1.0% |
| 2020 | 851,877 real chained 2019 US$ | +0.4% |
Australia compared with similar countries
- Australia's 851,877 real chained 2019 US$ is above the median for high income countries, which is 272,153 real chained 2019 US$, 3.1× the median. (51 countries reporting)
- Australia's 851,877 real chained 2019 US$ is above the median for East Asia & Pacific, which is 58,240 real chained 2019 US$, 14.6× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 642,319 real chained 2019 US$ | 627,820 real chained 2019 US$ | 660,567 real chained 2019 US$ | 5 |
| 2000s | 704,601 real chained 2019 US$ | 672,308 real chained 2019 US$ | 741,696 real chained 2019 US$ | 10 |
| 2010s | 807,465 real chained 2019 US$ | 762,295 real chained 2019 US$ | 848,176 real chained 2019 US$ | 10 |
| 2020s | 851,877 real chained 2019 US$ | 851,877 real chained 2019 US$ | 851,877 real chained 2019 US$ | 1 |
Countries ranked near Australia
- 3 Iceland 1.03 million real chained 2019 US$ compare
- 4 Luxembourg 977,443 real chained 2019 US$ compare
- 5 Qatar 901,777 real chained 2019 US$ compare
- 7 Denmark 771,765 real chained 2019 US$ compare
- 8 United States 751,632 real chained 2019 US$ compare
- 9 Singapore 704,239 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 national comprehensive wealth per capita index in Australia?
- National comprehensive wealth per capita index in Australia was 851,877 real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest national comprehensive wealth per capita index recorded in Australia?
- The highest recorded value was 851,877 real chained 2019 US$ in 2020.
- What is the lowest national comprehensive wealth per capita index recorded in Australia?
- The lowest recorded value was 627,820 real chained 2019 US$ in 1995.
- How does Australia rank for national comprehensive wealth per capita index?
- Australia ranks 6th out of 150 countries with data for 2020.
- Is national comprehensive wealth per capita index rising or falling in Australia?
- Over the last ten years it is up 11.8%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of National comprehensive wealth per capita index (real chained 2019 US$). Statizoid updates them automatically from the source API.
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About this data
Total wealth is calculated as the sum of produced capital, natural capital, human capital, and net foreign assets. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.