Quality of life · Income & wealth

As at 13 October 2026 · official data unless labelled

Income inequality: top fifth vs bottom fifth

5.56×Worse than the OECD median▼ 0.042020vs OECD median 5.04×

What the numbers are telling us

The income of the top fifth relative to the bottom fifth was 5.56× in 2020, down 0.04 on the previous reading (5.6×).

It is close to its average since 2012 of 5.57×.

Across 35 OECD countries (2020), Australia ranks 22nd best of 35 on inequality, above the median of 5.04×.

Why it matters

How many times more the richest fifth of households receive than the poorest fifth.

What it should be

There is no official target, so Australia is judged against comparable countries: lower than the OECD median is better. The OECD median is 5.04×.

Inequality: the last 5 readings
Income inequality: top fifth vs bottom fifth, 2012 to 2020
5.525.5620122020
Source: OECD, How's Life? Current well-being (OECD WISE).
Australia ranks 22nd best of 35 OECD countries
Inequality, 2020; OECD median 5.04×
Slovak Republic3.39
Slovenia3.41
Belgium3.56
Czechia3.59
Finland3.75
Denmark3.85
Poland3.98
Norway3.99
France4.09
Sweden4.11
Ireland4.13
Australia5.56
Source: OECD and World Bank cross-country series as stored.

Every figure on this page is calculated from the stored official series (OECD, How's Life? Current well-being (OECD WISE)); the summary is written from the numbers, not edited by hand.