Prosperity gap (average shortfall from a prosperity standard) in Canada
Canada: Prosperity gap (average shortfall from a prosperity standard) was 0.7 average shortfall from a prosperity standard of $28/day in 2022. ▼ Falling
Latest (2022)
0.7 average shortfall from a prosperity standard of $28/day
Change on year
up 16.7%
World rank
110th
of 123 countries
All-time high
2.6 average shortfall from a prosperity standard of $28/day
in 1971
All-time low
0.5 average shortfall from a prosperity standard of $28/day
in 2020
Years of data
46
1971–2022
Prosperity gap in Canada, 1971–2022
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
In 2022, prosperity gap in Canada stood at 0.7 average shortfall from a prosperity standard of $28/day.
That represents a change of up 16.7% on the previous year and unchanged over ten years.
Over the whole period, prosperity gap in Canada peaked at 2.6 average shortfall from a prosperity standard of $28/day in 1971 and was at its lowest, 0.5 average shortfall from a prosperity standard of $28/day, in 2020.
That places Canada 110th out of 123 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 46 years of available data.
Prosperity gap (average shortfall from a prosperity standard) in Canada, year by year
| Year | average shortfall from a prosperity standard of $28/day | Change |
|---|---|---|
| 1971 | 2.6 average shortfall from a prosperity standard of $28/day | — |
| 1973 | 2.2 average shortfall from a prosperity standard of $28/day | -15.4% |
| 1975 | 2 average shortfall from a prosperity standard of $28/day | -9.1% |
| 1977 | 1.8 average shortfall from a prosperity standard of $28/day | -10.0% |
| 1979 | 1.7 average shortfall from a prosperity standard of $28/day | -5.6% |
| 1981 | 1.4 average shortfall from a prosperity standard of $28/day | -17.6% |
| 1982 | 1.3 average shortfall from a prosperity standard of $28/day | -7.1% |
| 1984 | 1.3 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1985 | 1.2 average shortfall from a prosperity standard of $28/day | -7.7% |
| 1986 | 1.6 average shortfall from a prosperity standard of $28/day | +33.3% |
| 1987 | 1.2 average shortfall from a prosperity standard of $28/day | -25.0% |
| 1988 | 1.3 average shortfall from a prosperity standard of $28/day | +8.3% |
| 1989 | 1.9 average shortfall from a prosperity standard of $28/day | +46.2% |
| 1990 | 1.7 average shortfall from a prosperity standard of $28/day | -10.5% |
| 1991 | 1.9 average shortfall from a prosperity standard of $28/day | +11.8% |
| 1992 | 1.4 average shortfall from a prosperity standard of $28/day | -26.3% |
| 1993 | 1.9 average shortfall from a prosperity standard of $28/day | +35.7% |
| 1994 | 1.5 average shortfall from a prosperity standard of $28/day | -21.1% |
| 1995 | 1.4 average shortfall from a prosperity standard of $28/day | -6.7% |
| 1996 | 0.9 average shortfall from a prosperity standard of $28/day | -35.7% |
| 1997 | 0.9 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1998 | 0.9 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1999 | 0.9 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2000 | 0.8 average shortfall from a prosperity standard of $28/day | -11.1% |
| 2001 | 0.8 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2002 | 0.8 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2003 | 0.8 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2004 | 0.8 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2005 | 0.8 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2006 | 0.7 average shortfall from a prosperity standard of $28/day | -12.5% |
| 2007 | 0.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2008 | 0.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2009 | 0.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2010 | 0.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2011 | 0.6 average shortfall from a prosperity standard of $28/day | -14.3% |
| 2012 | 0.7 average shortfall from a prosperity standard of $28/day | +16.7% |
| 2013 | 0.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2014 | 0.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2015 | 0.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2016 | 0.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2017 | 0.6 average shortfall from a prosperity standard of $28/day | -14.3% |
| 2018 | 0.6 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2019 | 0.6 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2020 | 0.5 average shortfall from a prosperity standard of $28/day | -16.7% |
| 2021 | 0.6 average shortfall from a prosperity standard of $28/day | +20.0% |
| 2022 | 0.7 average shortfall from a prosperity standard of $28/day | +16.7% |
Canada compared with similar countries
- Canada's 0.7 average shortfall from a prosperity standard of $28/day is below the median for high income countries, which is 1.05 average shortfall from a prosperity standard of $28/day, 67% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.06 average shortfall from a prosperity standard of $28/day | 1.7 average shortfall from a prosperity standard of $28/day | 2.6 average shortfall from a prosperity standard of $28/day | 5 |
| 1980s | 1.4 average shortfall from a prosperity standard of $28/day | 1.2 average shortfall from a prosperity standard of $28/day | 1.9 average shortfall from a prosperity standard of $28/day | 8 |
| 1990s | 1.34 average shortfall from a prosperity standard of $28/day | 0.9 average shortfall from a prosperity standard of $28/day | 1.9 average shortfall from a prosperity standard of $28/day | 10 |
| 2000s | 0.76 average shortfall from a prosperity standard of $28/day | 0.7 average shortfall from a prosperity standard of $28/day | 0.8 average shortfall from a prosperity standard of $28/day | 10 |
| 2010s | 0.66 average shortfall from a prosperity standard of $28/day | 0.6 average shortfall from a prosperity standard of $28/day | 0.7 average shortfall from a prosperity standard of $28/day | 10 |
| 2020s | 0.6 average shortfall from a prosperity standard of $28/day | 0.5 average shortfall from a prosperity standard of $28/day | 0.7 average shortfall from a prosperity standard of $28/day | 3 |
Countries ranked near Canada
- 107 Austria 0.8 average shortfall from a prosperity standard of $28/day compare
- 107 Czechia 0.8 average shortfall from a prosperity standard of $28/day compare
- 107 Denmark 0.8 average shortfall from a prosperity standard of $28/day compare
- 110 Finland 0.7 average shortfall from a prosperity standard of $28/day compare
- 110 Ireland 0.7 average shortfall from a prosperity standard of $28/day compare
- 110 South Korea 0.7 average shortfall from a prosperity standard of $28/day compare
- 110 Malta 0.7 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Canada
- Number of income/consumption surveys in the past decade available via the World Bank 7 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.35 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 3,695 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate -9.41 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 34.78 (2023)
- Tax revenue as share of GDP vs. income inequality 34.8% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is prosperity gap in Canada?
- Prosperity gap in Canada was 0.7 average shortfall from a prosperity standard of $28/day in 2022, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest prosperity gap recorded in Canada?
- The highest recorded value was 2.6 average shortfall from a prosperity standard of $28/day in 1971.
- What is the lowest prosperity gap recorded in Canada?
- The lowest recorded value was 0.5 average shortfall from a prosperity standard of $28/day in 2020.
- How does Canada rank for prosperity gap?
- Canada ranks 110th out of 123 countries with data for 2022.
- Is prosperity gap rising or falling in Canada?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.