Household Income Per Capita By Country
In this article the average wage is adjusted for living expenses purchasing power parity ppp the wage distribution is right skewed.
Household income per capita by country. It also includes payments and fees to governments to obtain permits and licenses. The majority of people earn less than the average wage for an alternative measure the median household income uses median instead of average. Home indicators household income per capita. Measuring sustainable development in the new millennium 2011.
Brazil usd yearly 2016 2017. In our comparison over 78 countries the usa comes 9th with an average income of 65 760 usd. Adjusted net national income per capita current us world bank staff estimates based on sources and methods in world bank s the changing wealth of nations. It excludes purchases of dwellings but includes imputed rent for owner occupied dwellings.
It includes every form of income e g salaries and wages retirement income near cash government transfers like food stamps and investment gains. Disposable income is closest to the concept of income as generally understood in economics. This statistic shows the various levels of household disposable income per capita in oecd countries in 2019 adjusted for purchasing power parity. Try our corporate solution for free.
Country region last frequency range australia usd yearly 1995 2018. The average income is calculated by gross national income and population. Average income around the world the worldwide highest income is earned in monaco. Household disposable income measures the income of households wages and salaries self employed income income from unincorporated enterprises social benefits etc after taking into account net interest and dividends received and the payment of taxes and social contributions.
Country median household income median per capita income population 2020. Data have been revised for belgium and ireland income year 2017. Household income is a measure of the combined incomes of all people sharing a particular household or place of residence. New data are available for finland norway sweden and the united kingdom income year 2018 the slovak republic income year 2017 and switzerland income years 2016 and 2017.
The average wage is a measure of total income after taxes divided by total number of employees employed. Household income per capita.