Wealth share of the richest 1% in New Zealand

New Zealand: Wealth share of the richest 1% was 22.7% in 2024. ▼ Falling

Latest (2024)
22.7%
Change on year
up 0.7%
World rank
199th
of 215 countries
All-time high
46.3%
in 1930
All-time low
22.0%
in 1987
Years of data
56
1820–2024

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

01020304050182019222024

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

Analysis

New Zealand recorded 22.7% for wealth share of the richest 1% in 2024.

Compared with earlier readings it is up 0.7% on the previous year and up 0.2% over ten years.

Over the whole period, wealth share of the richest 1% in New Zealand peaked at 46.3% in 1930 and was at its lowest, 22.0%, in 1987.

New Zealand ranks 199th of 215 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 56 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1820s 29.1% 29.1% 29.1% 1
1850s 30.2% 30.2% 30.2% 1
1880s 29.5% 29.5% 29.5% 1
1900s 40.2% 40.2% 40.2% 1
1910s 40.2% 40.2% 40.2% 1
1920s 46.1% 46.1% 46.1% 1
1930s 46.3% 46.3% 46.3% 1
1940s 26.6% 26.6% 26.6% 1
1950s 32.0% 32.0% 32.0% 1
1960s 25.2% 25.2% 25.2% 1
1970s 24.2% 24.2% 24.2% 1
1980s 22.2% 22.0% 22.5% 10
1990s 23.2% 22.8% 23.6% 10
2000s 23.1% 22.1% 23.8% 10
2010s 23.0% 22.4% 24.4% 10
2020s 22.8% 22.5% 23.3% 5

Countries ranked near New Zealand

  1. 196 Andorra 22.8% compare
  2. 196 Isle of Man 22.8% compare
  3. 198 Brunei 22.8% compare
  4. 200 Montenegro 22.6% compare
  5. 201 Croatia 22.6% compare
  6. 202 Bosnia and Herzegovina 22.5% compare

See the full ranking of 215 places →

More reference data data for New Zealand

All data for New Zealand →

Frequently asked questions

What is wealth share of the richest 1% in New Zealand?
Wealth share of the richest 1% in New Zealand was 22.7% 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 New Zealand?
The highest recorded value was 46.3% in 1930.
What is the lowest wealth share of the richest 1% recorded in New Zealand?
The lowest recorded value was 22.0% in 1987.
How does New Zealand rank for wealth share of the richest 1%?
New Zealand ranks 199th out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in New Zealand?
Over the last ten years it is up 0.2%. The long-run trend across the full record is falling.
Where does this New Zealand 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

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

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.