Average American Income Vs World

Dollars converted from local currency using the World Bank Atlas method which is applied to smooth exchange rate fluctuations. The poor live on 2 or less daily low income on 201-10 middle income on 1001-20 upper-middle income on 2001-50 and high income on more than 50.

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If your family income is 10000 a year you are wealthier than 84 percent of the world.

Average american income vs world. You worked 55 hours a week for 22 cents an hour but your income wouldnt go as far in 1917 as it does today. 66 rader Average income around the world The worldwide highest income is earned in the Bermudas. Africa America Asia Europe Oceania.

-- The median annual household income worldwide is 9733 and the median per-capita household income is 2920 according to new Gallup metrics. Vast differences between more economically developed countries and those with developing or transitional economies illustrate how dramatically spending power varies worldwide. The smallest budget per capita exists in Madagascar.

Average Monthly Net Salary After Tax Salaries And Financing. Stands head and shoulders above the rest of the world. For example you would spend 33 percent of your earnings on food compared to 16 percent today.

In our comparison over 68 countries the USA comes 5th with an average income of 65910 USD. For this purpose it uses gross national income GNI per capita data in US. The average income is calculated by gross national income and population.

Think youre paid what youre worth. Explore how your salary compares to the average earnings in your country then see where your wage sits globally. Figures expressed in 2011 purchasing power parities in 2011 prices.

139 rader The countries with the highest median incomes are. A groundbreaking study by Just Facts has discovered that after accounting for all income charity and non-cash welfare benefits like subsidized housing and food stamps the poorest 20 percent of Americans consume more goods and services than the national averages for all people in most affluent countries. Estimates of GNI are obtained from economists in World.

The lowest median American salary is about 24000 while the highest average salary is 423000 although the actual maximum salary is much higher. 36 rader The average wage is a measure of total income after taxes divided by total number of. Lets put the worlds average salary - in PPP dollars - of 1480 a month or almost 18000 a year in context.

Compared to global measures of GDP per capita for 2010 an individual at the poverty line in the United States has an income in between the average for. This salary includes housing transport and other benefits. If its 50000 or more a year you make more than 99 percent of the world.

The income groups are defined as follows. Low lower-middle upper-middle and high income. It is less than half the average salary of.

More than half 56 of Americans were high income by the global standard living on more than 50 per day in 2011 the latest year that could be analyzed with the available data. Find out how rich you are compared to the rest of the world are you on the global rich list. The global middle-income range translates to an annual income of 14600 to 29200 for a family of four.

The World Bank classifies economies for analytical purposes into four income groups. United States of America. As an average American adult male you were between 20 and 24 years old with a life expectancy of 47 years.

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