Wealth share of the richest 1% in Ethiopia
Ethiopia: Wealth share of the richest 1% was 23.6% in 2024. ▼ Falling
Wealth share of the richest 1% in Ethiopia, 1820–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Ethiopia recorded 23.6% for wealth share of the richest 1% in 2024. That is the lowest value across all 56 years on record.
The figure is down 5.3% over ten years.
Over the whole period, wealth share of the richest 1% in Ethiopia peaked at 46.9% in 1970 and was at its lowest, 23.6%, in 2021.
That places Ethiopia 180th out of 215 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 56 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1820s | 41.8% | 41.8% | 41.8% | 1 |
| 1850s | 43.6% | 43.6% | 43.6% | 1 |
| 1880s | 45.7% | 45.7% | 45.7% | 1 |
| 1900s | 45.7% | 45.7% | 45.7% | 1 |
| 1910s | 45.6% | 45.6% | 45.6% | 1 |
| 1920s | 45.8% | 45.8% | 45.8% | 1 |
| 1930s | 45.8% | 45.8% | 45.8% | 1 |
| 1940s | 45.9% | 45.9% | 45.9% | 1 |
| 1950s | 46.1% | 46.1% | 46.1% | 1 |
| 1960s | 46.8% | 46.8% | 46.8% | 1 |
| 1970s | 46.9% | 46.9% | 46.9% | 1 |
| 1980s | 38.3% | 38.3% | 38.4% | 10 |
| 1990s | 34.0% | 23.9% | 38.4% | 10 |
| 2000s | 24.2% | 24.0% | 24.6% | 10 |
| 2010s | 24.6% | 23.9% | 25.0% | 10 |
| 2020s | 23.6% | 23.6% | 23.7% | 5 |
Countries ranked near Ethiopia
- 177 Australia 23.7% compare
- 178 East Timor 23.7% compare
- 179 Afghanistan 23.6% compare
- 181 Eritrea 23.6% compare
- 182 Mauritania 23.5% compare
- 183 Norway 23.5% compare
More reference data data for Ethiopia
- Spring temperature anomalies -0.8567 °C (2026)
- Summer temperature anomalies 1.21 °C (2026)
- Temperature anomalies by month 0.2007 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.4577 °C (2025)
- Winter temperature anomalies 0.8867 °C (2025)
- Consumer price index 1,176 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is wealth share of the richest 1% in Ethiopia?
- Wealth share of the richest 1% in Ethiopia was 23.6% 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 Ethiopia?
- The highest recorded value was 46.9% in 1970.
- What is the lowest wealth share of the richest 1% recorded in Ethiopia?
- The lowest recorded value was 23.6% in 2021.
- How does Ethiopia rank for wealth share of the richest 1%?
- Ethiopia ranks 180th out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in Ethiopia?
- Over the last ten years it is down 5.3%. The long-run trend across the full record is falling.
- Where does this Ethiopia 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.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The 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.