Palma ratio wb in Australia

Australia: Palma ratio wb was 1.33 in 2020. ▲ Rising

Latest (2020)
1.33
Change on year
down 3.3%
World rank
66th
of 120 countries
All-time high
1.46
in 2008
All-time low
1.13
in 1981
Years of data
13
1981–2020

Palma ratio wb in Australia, 1981–2020

00.511.51981200020201981: 1.11985: 1.21989: 1.31995: 1.22001: 1.32003: 1.32004: 1.32008: 1.52010: 1.42014: 1.42016: 1.32018: 1.42020: 1.3

Source: Our World in Data.

Analysis

Australia recorded 1.33 for palma ratio wb in 2020.

Compared with earlier readings it is down 3.3% on the previous year and down 4.3% over ten years.

Over the whole period, palma ratio wb in Australia peaked at 1.46 in 2008 and was at its lowest, 1.13, in 1981.

That places Australia 66th out of 120 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently rising across the 13 years of available data.

Palma ratio wb in Australia, year by year

Annual values for Palma ratio wb in Australia, 1981 to 2020.
Year Value Change
1981 1.13 —
1985 1.21 +6.7%
1989 1.26 +4.0%
1995 1.23 -2.3%
2001 1.29 +4.6%
2003 1.29 +0.2%
2004 1.27 -1.2%
2008 1.46 +14.4%
2010 1.39 -4.8%
2014 1.38 -0.6%
2016 1.32 -4.4%
2018 1.37 +4.1%
2020 1.33 -3.3%

Australia compared with similar countries

  • Australia's 1.33 is above the median for high income countries, which is 1.23, 1.1× the median. (42 countries reporting)
  • Australia's 1.33 is below the median for East Asia & Pacific, which is 1.42, 93% of the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.2 1.13 1.26 3
1990s 1.23 1.23 1.23 1
2000s 1.33 1.27 1.46 4
2010s 1.36 1.32 1.39 4
2020s 1.33 1.33 1.33 1

Countries ranked near Australia

  1. 63 Georgia 1.34 compare
  2. 64 Latvia 1.34 compare
  3. 65 Germany 1.33 compare
  4. 67 Switzerland 1.32 compare
  5. 68 Niger 1.32 compare
  6. 69 Guinea-Bissau 1.32 compare

See the full ranking of 120 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is palma ratio wb in Australia?
Palma ratio wb in Australia was 1.33 in 2020, according to Our World in Data.
What is the highest palma ratio wb recorded in Australia?
The highest recorded value was 1.46 in 2008.
What is the lowest palma ratio wb recorded in Australia?
The lowest recorded value was 1.13 in 1981.
How does Australia rank for palma ratio wb?
Australia ranks 66th out of 120 countries with data for 2020.
Is palma ratio wb rising or falling in Australia?
Over the last ten years it is down 4.3%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures come from Our World in Data, published as part of Palma ratio wb. Statizoid updates them automatically from the source API.

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Palma ratio wb in Australia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/australia/

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About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed