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Australia Poverty Rate

Poverty headcount ratio at $2.15/day  SI.POV.DDAY

Australia's poverty rate was 1.00% in 2020, ranked 40th globally. This represents a 100.0% increase from 2019. Data from World Bank, covering 1981–2020.

1.00% +0.50pp (+100.0%)
Year 2020 Rank #40 Global Peak 1.00% (1981) Source World Bank

Australia Poverty Rate (1981–2020)

Overview

Australia's poverty rate stood at 1.00% in 2020, a rise of +0.50pp from 2018. Australia ranked 40th globally.

Australia’s poverty rate has remained remarkably stable over the 13‑year series recorded by the World Bank, holding at 1.00 % in the latest year, 2020, which also represents the all‑time peak for the period. The trough occurred in 2010 when the rate fell to 0.30 %, after which it gradually rose back to the current level. Compared with peer economies, Australia’s rate is slightly higher than Israel’s 0.70 % and lower than Italy’s 0.90 % and Spain’s 1.10 %, indicating a middle‑of‑the‑pack performance among comparable advanced nations. The persistence of a one‑percent poverty incidence suggests that recent policy measures have been insufficient to sustain the low levels seen a decade earlier, while demographic shifts and labour‑market pressures could impede further reductions. Continued investment in affordable housing, social safety nets and targeted employment programs will be crucial if Australia hopes to push the poverty rate below its 2010 trough and improve its standing relative to peers.

Data & projection

Year Poverty Rate YoY change Rank
2020 1.00% +0.50pp #40
2018 0.50% +0.00pp #32
2016 0.50% +0.00pp #29
2014 0.50% +0.20pp #27
2010 0.30% −0.40pp #23
2008 0.70% +0.00pp #35
2004 0.70% −0.30pp #24
2003 1.00% +0.00pp #25
2001 1.00% +0.00pp #13
1995 1.00% +0.30pp #16
1989 0.70% −0.30pp #9
1985 1.00% +0.00pp #8
1981 1.00% – #6

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +36.0% GDP growth 2.0% C/A balance 2.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Australia matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw poverty rate improve within 24 months. View full analysis →

The provided headlines offer limited direct information regarding Australia's poverty rate of 1.00%. However, a Commonwealth report warning of US$118 billion spent to roll back women

Frequently Asked Questions

What is Australia's poverty rate?▾

Australia's poverty rate was 1.00% in 2020. Ranked 40th globally. This represents a 100.0% increase from the previous year.

What was the highest poverty rate in Australia?▾

Australia's poverty rate peaked at 1.00% in 1981.

What was the lowest poverty rate in Australia?▾

The lowest poverty rate in Australia was 0.30% in 2010.

How does Australia rank in poverty rate?▾

Australia ranks 40th globally in poverty rate as of 2020.

What is the World Bank indicator code for poverty rate?▾

The World Bank indicator code is SI.POV.DDAY. Data sourced from World Bank.

What is the poverty rate of Australia in 2020?▾

The poverty rate of Australia in 2020 was 1.00%. This ranks 40th in the world.

Cite this page

APA
Australia Poverty Rate. HistorySaid. Retrieved November 7, 2026, from https://historysaid.com/australia/poverty-rate/
BibTeX
@misc{historysaid_australia_poverty-rate, title = {Australia Poverty Rate}, url = {https://historysaid.com/australia/poverty-rate/}, publisher = {HistorySaid}, year = {2026} }

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