Australia: Top 10 percent income share
* indicates monthly or quarterly data series
Australia |
Percent income earned by the top 10 percent of earners |
---|---|
Latest value | 26.60 |
Year | 2018 |
Measure | percent |
Data availability | 1981 - 2018 |
Average | 25.48 |
Min - Max | 23.30 - 27.40 |
Source | The World Bank |
The latest value from 2018 is 26.6 percent, an increase from 25.8 percent in 2016. In comparison, the world average is 27.87 percent, based on data from 90 countries. Historically, the average for Australia from 1981 to 2018 is 25.48 percent. The minimum value, 23.3 percent, was reached in 1981 while the maximum of 27.4 percent was recorded in 2008.
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Definition: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Gini inequality index | 34.30 | 2018 | index points |
Poverty ratio | 13.40 | 2020 | percent |
Poverty at 1.90 USD per day | 0.50 | 2018 | percent |
Poverty at 5.50 USD per day | 1.00 | 2018 | percent |
Top 10 percent income share | 26.60 | 2018 | percent |