Uneven Economic Development Index

Oceania Ranking

0 (low) - 10 (high)Source: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Papua New Guinea	8.5	2022	1	8.8
2	Solomon Islands	7.9	2022	2	8
3	Micronesia	6.8	2022	3	7.4
4	Fiji	5.1	2021	4	5.4
5	Samoa	3.6	2022	5	4
6	Australia	2.3	2022	6	1.8
6 ↑	New Zealand	2.3	2022	7	1.6

Definition of Uneven Economic Development Index

The Uneven economic development indicator considers inequality within the economy, irrespective of the actual performance of an economy. The higher the value of the index, the higher the inequality in the country's economy.