Australia Income Share of Richest 1% Before Tax 2022: 11 %

Australia's income share of richest 1% before tax in 2022 is 11 %, up 0.2% from 2021. It ranks #41 of 56 countries.

Income share of the richest 1% before tax reveals wealth concentration across nations. High interest due to inequality debates.

Source (2022): Income share of the richest 1% (before tax)

Historical Trend

Income Share of Richest 1% Before Tax over time

Year-by-Year Data
YearValueChange% ChangeActions
202211 %+0.02 %+0.18%
202110.98 %+0.96 %+9.58%
202010.02 %+0.11 %+1.11%
20199.91 %+0.24 %+2.48%
20189.67 %0.35 %-3.49%
201710.02 %+0.36 %+3.73%
20169.66 %0.53 %-5.20%
201510.19 %0.54 %-5.03%
201410.73 %+0.34 %+3.27%
201310.39 %0.25 %-2.35%
201210.64 %0.24 %-2.21%
201110.88 %+0.15 %+1.40%
201010.73 %0.21 %-1.92%
200910.94 %+0.43 %+4.09%
200810.51 %0.28 %-2.59%
200710.79 %+0.79 %+7.90%
200610 %0.13 %-1.28%
200510.13 %+0.21 %+2.12%
20049.92 %+0.44 %+4.64%
20039.48 %+0.09 %+0.96%
20029.39 %+0.45 %+5.03%
20018.94 %——

Frequently Asked Questions About Australia Income Share of Richest 1% Before Tax

What is Australia's income share of richest 1% before tax in 2022?▾

Australia's income share of richest 1% before tax is 11 % in 2022, according to Income share of the richest 1% (before tax) | World Inequality Database (WID.world) via Our World in Data.

Is Australia's income share of richest 1% before tax increasing or decreasing?▾

Australia's income share of richest 1% before tax rose by 0.2% from 2021 (10.98 %) to 2022 (11 %). Over the past decade (2012–2022) it rose by 3.4%.

How does Australia rank for income share of richest 1% before tax?▾

In 2022, Australia has the 41st highest income share of richest 1% before tax out of 56 countries with data.

What was Australia's income share of richest 1% before tax in 2001?▾

In 2001, Australia's income share of richest 1% before tax was 8.94 %. By 2022 it rose by 23.0%.

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