Australia: Poverty at 5.50 USD per day
* indicates monthly or quarterly data series
| Australia |
Poverty ratio, percent living on less than 5.50 USD a day |
|---|---|
| Latest value | 1.00 |
| Year | 2018 |
| Measure | percent |
| Data availability | 1981 - 2018 |
| Average | 1.38 |
| Min - Max | 0.70 - 2.00 |
| Source | The World Bank |
The latest value from 2018 is 1 percent, unchanged from 1 percent in 2016. In comparison, the world average is 26.75 percent, based on data from 90 countries. Historically, the average for Australia from 1981 to 2018 is 1.38 percent. The minimum value, 0.7 percent, was reached in 2008 while the maximum of 2 percent was recorded in 1985.
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Definition: Poverty headcount ratio at $6.85 a day is the percentage of the population living on less than $6.85 a day at 2017 international prices.
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International lending and sovereign debt
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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 |