Extreme monetary poverty and multidimensional poverty over time in Australia

Australia: Extreme monetary poverty and multidimensional poverty over time was 0.9% in 2020. ▼ Falling

Latest (2020)
0.9%
Change on year
up 50.0%
World rank
68th
of 120 countries
All-time high
1.1%
in 1981
All-time low
0.5%
in 2008
Years of data
13
1981–2020

Extreme monetary poverty and multidimensional poverty over time in Australia, 1981–2020

00.250.50.7511981200020201981: 1.1 %1985: 1.1 %1989: 0.8 %1995: 1 %2001: 0.9 %2003: 1.1 %2004: 0.7 %2008: 0.5 %2010: 0.5 %2014: 0.6 %2016: 0.5 %2018: 0.6 %2020: 0.9 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

Australia recorded 0.9% for extreme monetary poverty and multidimensional poverty over time in 2020.

Compared with earlier readings it is up 50.0% on the previous year and up 80.0% over ten years.

Over the whole period, extreme monetary poverty and multidimensional poverty over time in Australia peaked at 1.1% in 1981 and was at its lowest, 0.5%, in 2008.

That places Australia 68th out of 120 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently falling across the 13 years of available data.

Extreme monetary poverty and multidimensional poverty over time in Australia, year by year

Annual values for Extreme monetary poverty and multidimensional poverty over time in Australia, 1981 to 2020.
Year % Change
1981 1.1% —
1985 1.1% +0.0%
1989 0.8% -27.3%
1995 1.0% +25.0%
2001 0.9% -10.0%
2003 1.1% +22.2%
2004 0.7% -36.4%
2008 0.5% -28.6%
2010 0.5% +0.0%
2014 0.6% +20.0%
2016 0.5% -16.7%
2018 0.6% +20.0%
2020 0.9% +50.0%

Australia compared with similar countries

  • Australia's 0.9% is above the median for high income countries, which is 0.4%, 2.3× the median. (42 countries reporting)
  • Australia's 0.9% is above the median for East Asia & Pacific, which is 0.9%, 1.0× the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.0% 0.8% 1.1% 3
1990s 1.0% 1.0% 1.0% 1
2000s 0.8% 0.5% 1.1% 4
2010s 0.6% 0.5% 0.6% 4
2020s 0.9% 0.9% 0.9% 1

Countries ranked near Australia

  1. 65 Bulgaria 1.0% compare
  2. 66 Italy 0.9% compare
  3. 67 Hungary 0.9% compare
  4. 69 Sweden 0.8% compare
  5. 70 Spain 0.8% compare
  6. 71 Armenia 0.8% compare

See the full ranking of 120 places →

More poverty & inequality data for Australia

All data for Australia →

Frequently asked questions

What is extreme monetary poverty and multidimensional poverty over time in Australia?
Extreme monetary poverty and multidimensional poverty over time in Australia was 0.9% in 2020, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest extreme monetary poverty and multidimensional poverty over time recorded in Australia?
The highest recorded value was 1.1% in 1981.
What is the lowest extreme monetary poverty and multidimensional poverty over time recorded in Australia?
The lowest recorded value was 0.5% in 2008.
How does Australia rank for extreme monetary poverty and multidimensional poverty over time?
Australia ranks 68th out of 120 countries with data for 2020.
Is extreme monetary poverty and multidimensional poverty over time rising or falling in Australia?
Over the last ten years it is up 80.0%. The long-run trend across the full record is falling.
Where does this Australia data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Extreme monetary poverty and multidimensional poverty over time. Statizoid updates them automatically from the source API.

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Extreme monetary poverty and multidimensional poverty over time in Australia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/share-extreme-poverty-vs-share-mpi-poor-over-time/australia/

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About this data

Indicator
Extreme monetary poverty and multidimensional poverty over time
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $3 per day.