Wealth share of the richest 1% in Canada

Canada: Wealth share of the richest 1% was 28.6% in 2024. ▼ Falling

Latest (2024)
28.6%
Change on year
unchanged
World rank
67th
of 215 countries
All-time high
42.9%
in 1910
All-time low
21.3%
in 1967
Years of data
72
1820–2024

Wealth share of the richest 1% in Canada, 1820–2024

010203040182019222024

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

Canada recorded 28.6% for wealth share of the richest 1% in 2024.

That represents a change of down 1.2% over ten years.

Over the whole period, wealth share of the richest 1% in Canada peaked at 42.9% in 1910 and was at its lowest, 21.3%, in 1967.

Canada ranks 67th of 215 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 72 years of available data.

Wealth share of the richest 1% in Canada, year by year

Annual values for Wealth share of the richest 1% in Canada, 1820 to 2024.
Year % Change
1820 36.2%
1850 35.4% -2.2%
1880 37.4% +5.6%
1900 39.3% +5.0%
1910 42.9% +9.2%
1920 34.1% -20.5%
1930 34.2% +0.2%
1940 35.4% +3.4%
1945 25.6% -27.6%
1946 27.4% +7.0%
1947 28.4% +3.6%
1948 32.0% +12.7%
1949 30.9% -3.4%
1950 30.2% -2.3%
1951 27.9% -7.6%
1952 29.0% +3.9%
1953 27.4% -5.5%
1960 26.6% -3.1%
1961 25.6% -3.6%
1962 23.8% -7.0%
1963 25.4% +6.7%
1964 24.2% -4.7%
1965 22.2% -8.3%
1966 24.9% +12.2%
1967 21.3% -14.5%
1968 22.1% +3.8%
1970 22.9% +3.6%
1980 23.6% +3.0%
1981 23.5% -0.4%
1982 23.5% -0.1%
1983 23.5% +0.1%
1984 23.5% +0.1%
1985 23.6% +0.6%
1986 23.8% +0.7%
1987 23.9% +0.6%
1988 25.0% +4.6%
1989 24.9% -0.4%
1990 24.9% -0.0%
1991 25.3% +1.5%
1992 24.9% -1.7%
1993 25.1% +0.7%
1994 25.2% +0.7%
1995 25.4% +0.8%
1996 25.7% +1.0%
1997 26.0% +1.2%
1998 26.2% +0.8%
1999 26.6% +1.5%
2000 27.4% +2.9%
2001 27.6% +0.7%
2002 27.6% +0.3%
2003 27.7% +0.3%
2004 28.1% +1.6%
2005 28.3% +0.4%
2006 28.4% +0.5%
2007 28.6% +0.5%
2008 28.5% -0.1%
2009 28.3% -0.9%
2010 28.6% +1.1%
2011 28.7% +0.5%
2012 28.7% -0.1%
2013 28.9% +0.6%
2014 28.9% +0.1%
2015 29.0% +0.2%
2016 28.7% -1.0%
2017 28.9% +0.6%
2018 28.8% -0.2%
2019 28.8% -0.2%
2020 29.1% +1.1%
2021 29.5% +1.7%
2022 28.6% -3.2%
2023 28.6% +0.0%
2024 28.6% +0.0%

Canada compared with similar countries

  • Canada's 28.6% is above the median for high income countries, which is 27.5%, 1.0× the median. (79 countries reporting)

Biggest year-on-year movements

Years where Wealth share of the richest 1% in Canada 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.

YearChange FromTo
1945 -27.6% 35.4% 25.6%

Averages by decade

DecadeAverage LowestHighest Years
1820s 36.2% 36.2% 36.2% 1
1850s 35.4% 35.4% 35.4% 1
1880s 37.4% 37.4% 37.4% 1
1900s 39.3% 39.3% 39.3% 1
1910s 42.9% 42.9% 42.9% 1
1920s 34.1% 34.1% 34.1% 1
1930s 34.2% 34.2% 34.2% 1
1940s 29.9% 25.6% 35.4% 6
1950s 28.6% 27.4% 30.2% 4
1960s 24.0% 21.3% 26.6% 9
1970s 22.9% 22.9% 22.9% 1
1980s 23.9% 23.5% 25.0% 10
1990s 25.5% 24.9% 26.6% 10
2000s 28.0% 27.4% 28.6% 10
2010s 28.8% 28.6% 29.0% 10
2020s 28.9% 28.6% 29.5% 5

Countries ranked near Canada

  1. 64 Costa Rica 28.7% compare
  2. 65 Egypt 28.6% compare
  3. 66 South Sudan 28.6% compare
  4. 68 Barbados 28.6% compare
  5. 68 Latvia 28.6% compare
  6. 70 Singapore 28.4% compare

See the full ranking of 215 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is wealth share of the richest 1% in Canada?
Wealth share of the richest 1% in Canada was 28.6% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Canada?
The highest recorded value was 42.9% in 1910.
What is the lowest wealth share of the richest 1% recorded in Canada?
The lowest recorded value was 21.3% in 1967.
How does Canada rank for wealth share of the richest 1%?
Canada ranks 67th out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Canada?
Over the last ten years it is down 1.2%. The long-run trend across the full record is falling.
Where does this Canada 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 Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

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Wealth share of the richest 1% in Canada. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/wealth-share-richest/canada/

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About this data

Indicator
Wealth share of the richest 1%
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
215 places, 10,553 data points, 1800–2024
Last refreshed

Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.