Prosperity gap in Canada
Canada: Prosperity gap was 0.7 average shortfall from a prosperity standard of $28/day in 2022. βΌ Falling
Prosperity gap in Canada, 1971β2022
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 109th out of 122 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.
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
- 106 Austria 0.8 average shortfall from a prosperity standard of $28/day compare
- 106 Czech Republic 0.8 average shortfall from a prosperity standard of $28/day compare
- 106 Denmark 0.8 average shortfall from a prosperity standard of $28/day compare
- 109 Finland 0.7 average shortfall from a prosperity standard of $28/day compare
- 109 Ireland 0.7 average shortfall from a prosperity standard of $28/day compare
- 109 Korea, Republic of 0.7 average shortfall from a prosperity standard of $28/day compare
- 109 Malta 0.7 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Canada
- Data deprivation poverty surveys per decade 7 (2025)
- Fertility rate vs the share living in extreme poverty 1.35 (2023)
- Cereal yield vs extreme poverty 3,695 (2023)
- Tax revenues vs income inequality 34.78 (2023)
- Gender inequality index from the human development report 0.052 (2023)
- Share of government consumption in gdp vs share in extreme poverty 21.17 (2023)
- Gini coefficient of lifespan inequality in females 0.0822 (2023)
- Gini coefficient of lifespan inequality by sex 0.0822 (2023)
- Gini coefficient of lifespan inequality in males 0.0978 (2023)
- Income inequality atkinson index undp 0.1598 (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 109th out of 122 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.
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CSV Β· JSON β 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.