{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"palma-ratio-wb","source":"World Bank Poverty and Inequality Platform (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/palma-ratio-wb","title":"Palma ratio","unit":null},"observations":[{"date":"1981-01-01","value":1.13407},{"date":"1985-01-01","value":1.20991},{"date":"1989-01-01","value":1.25774},{"date":"1995-01-01","value":1.22861},{"date":"2001-01-01","value":1.28563},{"date":"2003-01-01","value":1.28811},{"date":"2004-01-01","value":1.27254},{"date":"2008-01-01","value":1.45564},{"date":"2010-01-01","value":1.38568},{"date":"2014-01-01","value":1.3777},{"date":"2016-01-01","value":1.31756},{"date":"2018-01-01","value":1.37128},{"date":"2020-01-01","value":1.32596}],"summary":{"latest_period":"2020-01-01","latest_value":1.32596,"max":1.45564,"mean":1.3008,"min":1.13407,"of":120,"rank":67,"trend":"rising"}}