Income share of the richest 1%: World Inequality Database vs. World Bank in Australia

Australia: Income share of the richest 1%: World Inequality Database vs. World Bank was 7.7% in 2022. ▲ Rising

Latest (2022)
7.7%
Change on year
up 0.3%
World rank
94th
of 109 countries
All-time high
8.5%
in 2009
All-time low
4.2%
in 1981
Years of data
43
1980–2022

Income share of the richest 1%: World Inequality Database vs. World Bank in Australia, 1980–2022

024681980200120221980: 4.3 %1981: 4.2 %1982: 4.5 %1983: 4.4 %1984: 4.7 %1985: 5 %1986: 5.3 %1987: 6.1 %1988: 7.5 %1989: 6 %1990: 5.5 %1991: 5.6 %1992: 5.4 %1993: 5.9 %1994: 6 %1995: 6 %1996: 6.3 %1997: 5.8 %1998: 6.3 %1999: 6.3 %2000: 6.3 %2001: 7 %2002: 7.2 %2003: 7.1 %2004: 7.1 %2005: 7.1 %2006: 6.9 %2007: 7.4 %2008: 7.7 %2009: 8.5 %2010: 8.1 %2011: 8.1 %2012: 8.1 %2013: 7.9 %2014: 8.2 %2015: 7.7 %2016: 7.2 %2017: 7.2 %2018: 6.9 %2019: 7.3 %2020: 7 %2021: 7.7 %2022: 7.7 %

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%: world inequality database vs. world bank in Australia stood at 7.7%.

Compared with earlier readings it is up 0.3% on the previous year and down 4.2% over ten years.

Over the whole period, income share of the richest 1%: world inequality database vs. world bank in Australia peaked at 8.5% in 2009 and was at its lowest, 4.2%, in 1981.

Australia ranks 94th of 109 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 43 years of available data.

Income share of the richest 1%: World Inequality Database vs. World Bank in Australia, year by year

Annual values for Income share of the richest 1%: World Inequality Database vs. World Bank in Australia, 1980 to 2022.
Year % Change
1980 4.3%
1981 4.2% -3.2%
1982 4.5% +5.7%
1983 4.4% -0.4%
1984 4.7% +5.4%
1985 5.0% +6.4%
1986 5.3% +7.2%
1987 6.1% +14.3%
1988 7.5% +23.5%
1989 6.0% -20.3%
1990 5.5% -7.5%
1991 5.6% +0.9%
1992 5.4% -3.4%
1993 5.9% +9.3%
1994 6.0% +1.5%
1995 6.0% +0.2%
1996 6.3% +5.5%
1997 5.8% -9.0%
1998 6.3% +9.0%
1999 6.3% +0.2%
2000 6.3% -0.2%
2001 7.0% +11.0%
2002 7.2% +3.3%
2003 7.1% -0.8%
2004 7.1% -0.3%
2005 7.1% +0.3%
2006 6.9% -3.2%
2007 7.4% +6.5%
2008 7.7% +4.6%
2009 8.5% +10.0%
2010 8.1% -4.4%
2011 8.1% +0.2%
2012 8.1% -0.9%
2013 7.9% -1.5%
2014 8.2% +3.0%
2015 7.7% -5.3%
2016 7.2% -6.8%
2017 7.2% +0.3%
2018 6.9% -5.0%
2019 7.3% +6.0%
2020 7.0% -4.0%
2021 7.7% +10.0%
2022 7.7% +0.3%

Australia compared with similar countries

  • Australia's 7.7% is below the median for high income countries, which is 9.1%, 84% of the median. (43 countries reporting)
  • Australia's 7.7% is below the median for East Asia & Pacific, which is 14.7%, 53% of the median. (14 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 5.2% 4.2% 7.5% 10
1990s 5.9% 5.4% 6.3% 10
2000s 7.2% 6.3% 8.5% 10
2010s 7.7% 6.9% 8.2% 10
2020s 7.5% 7.0% 7.7% 3

Countries ranked near Australia

  1. 91 Czechia 7.9% compare
  2. 92 North Macedonia 7.8% compare
  3. 93 Norway 7.7% compare
  4. 95 Guinea 7.7% compare
  5. 96 Portugal 7.4% compare
  6. 97 France 7.2% compare

See the full ranking of 109 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is income share of the richest 1%: world inequality database vs. world bank in Australia?
Income share of the richest 1%: world inequality database vs. world bank in Australia was 7.7% 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%: world inequality database vs. world bank recorded in Australia?
The highest recorded value was 8.5% in 2009.
What is the lowest income share of the richest 1%: world inequality database vs. world bank recorded in Australia?
The lowest recorded value was 4.2% in 1981.
How does Australia rank for income share of the richest 1%: world inequality database vs. world bank?
Australia ranks 94th out of 109 countries with data for 2022.
Is income share of the richest 1%: world inequality database vs. world bank rising or falling in Australia?
Over the last ten years it is down 4.2%. The long-run trend across the full record is rising.
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%: World Inequality Database vs. World Bank. Statizoid updates them automatically from the source API.

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Income share of the richest 1%: World Inequality Database vs. World Bank 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/share-richest-1-wid-vs-pip/australia/

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About this data

Indicator
Income share of the richest 1%: World Inequality Database vs. World Bank
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
109 places, 2,196 data points, 1913–2024
Last refreshed

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