Australia: Poverty ratio
* indicates monthly or quarterly data series
Australia |
Poverty, percent of population |
---|---|
Latest value | 13.40 |
Year | 2020 |
Measure | percent |
Data availability | 2018 - 2020 |
Average | 13.50 |
Min - Max | 13.40 - 13.60 |
Source | The World Bank |
The latest value from 2020 is 13.4 percent, a decline from 13.6 percent in 2018. In comparison, the world average is 19.51 percent, based on data from 61 countries. Historically, the average for Australia from 2018 to 2020 is 13.5 percent. The minimum value, 13.4 percent, was reached in 2020 while the maximum of 13.6 percent was recorded in 2018.
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Definition: National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates from household surveys. For economies for which the data are from EU-SILC, the reported year is the income reference year, which is the year before the survey year.
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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 |