CAN
Canada
- Reference
- Family unit (economic family or person not in an economic family)
- Period
- 2023
- Currency
- CAD
- Available cutoffs
- Bottom 5% threshold to Top 5% threshold
- Evidence
- Direct data
- Confidence
- High confidence
COUNTRY COMPARISON
Compare wealth across countries
See what it takes to reach the same wealth levels in two countries. Each country keeps its own currency and survey year.
Exchange-rate conversions are only rough estimates. They do not account for the cost of living or inflation, and some studies count households while others count families.
SHARE THE COMPARISON
Send this country pair
The shared link carries the two country codes and, when a non-default reference is selected, its reference-population mode. It does not include a wealth amount, percentile, threshold or personal result.
AUS
Australia
- Reference
- Household
- Period
- 2019–20
- Currency
- AUD
- Available cutoffs
- Bottom 10% threshold to Top 10% threshold
- Evidence
- Direct data
- Confidence
- Good confidence
WEALTH GAP COMPARISON
How much more does the higher wealth level take?
Choose two wealth levels to compare in both countries. Each country shows its own currency.
Canada
Top 10% starts at: CAD 2,504,000Middle family unit (economic family or person not in an economic family): CAD 521,100
4.8×
In Canada, the top 10% starts at about 4.8× the wealth of the middle family unit (economic family or person not in an economic family).
Difference in amount: CAD 1,982,900
Top 10% starts atCAD 2,504,000
Middle family unit (economic family or person not in an economic family)CAD 521,100
Australia
Top 10% starts at: AUD 2,257,700Middle household: AUD 579,200
3.9×
In Australia, the top 10% starts at about 3.9× the wealth of the middle household.
Difference in amount: AUD 1,678,500
Top 10% starts atAUD 2,257,700
Middle householdAUD 579,200
The difference between these two wealth levels is proportionally larger in Canada. These are comparisons within each country, not a comparison of living costs.
Countries may use different years and household or family definitions. Only available exact figures are compared; missing amounts are never guessed.
REGISTERED REFERENCE POINTS
Wealth levels in each country
Explore the amounts reported for each wealth level. If a country has no figure, we leave it blank rather than guess.
Original source amounts remain primary. Converted figures are indicative nominal currency equivalents, not purchasing-power or inflation adjustments. Loading dated exchange rates… Survey years and reference populations may differ.
| Wealth threshold | Canada | Australia |
|---|---|---|
| Bottom 5% threshold | CA$1,030Family unit (economic family or person not in an economic family) · CADFX equivalent unavailable | Not published for this country |
| Bottom 10% threshold | CA$12,500Family unit (economic family or person not in an economic family) · CADFX equivalent unavailable | A$36,900Household · AUDFX equivalent unavailable |
| Bottom 20% threshold | CA$64,130Family unit (economic family or person not in an economic family) · CADFX equivalent unavailable | A$113,400Household · AUDFX equivalent unavailable |
| Bottom 30% threshold | CA$172,600Family unit (economic family or person not in an economic family) · CADFX equivalent unavailable | A$248,300Household · AUDFX equivalent unavailable |
| Bottom 40% threshold | CA$327,700Family unit (economic family or person not in an economic family) · CADFX equivalent unavailable | A$411,500Household · AUDFX equivalent unavailable |
| Middle wealth level (median) | CA$521,100Family unit (economic family or person not in an economic family) · CADFX equivalent unavailable | A$579,200Household · AUDFX equivalent unavailable |
| Top 40% threshold | CA$759,175Family unit (economic family or person not in an economic family) · CADFX equivalent unavailable | A$789,100Household · AUDFX equivalent unavailable |
| Top 30% threshold | CA$1,086,330Family unit (economic family or person not in an economic family) · CADFX equivalent unavailable | A$1,052,400Household · AUDFX equivalent unavailable |
| Top 20% threshold | CA$1,554,000Family unit (economic family or person not in an economic family) · CADFX equivalent unavailable | A$1,447,800Household · AUDFX equivalent unavailable |
| Top 10% threshold | CA$2,504,000Family unit (economic family or person not in an economic family) · CADFX equivalent unavailable | A$2,257,700Household · AUDFX equivalent unavailable |
| Top 5% threshold | CA$3,454,155Family unit (economic family or person not in an economic family) · CADFX equivalent unavailable | Not published for this country |
Where would your own net worth rank?
Try your amount in either country's calculator. Each result uses that country's own survey population and period.