Median Income Per Country
In other words half of the nation s adult residents have.
Median income per country. In 2013 gallup published a list of countries with median annual household income based on a self reported survey of approximately 2000 adults from each country. In our comparison over 78 countries the usa comes 9th with an average income of 65 760 usd. The smallest budget per capita exists in the democratic republic of the congo. The average income is calculated by gross national income and population.
Updated country income classifications for the world bank s 2020 fiscal year are available here. Measuring sustainable development in the new millennium 2011. Price rankings by country average monthly net salary after tax salaries and financing. 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.
Rankings by country of average monthly net salary after tax salaries and financing see these data in table view. Average income around the world the worldwide highest income is earned in monaco. Population 5 000 5 000 10 000 15 000 20 000 25 000 30 000 35 000 40 000 45 000 50 000 55 000. The median income is a number that falls in the middle of the nation s income distribution.
Median income by country 2020. In this article the average wage is adjusted for living expenses purchasing power parity ppp the wage distribution is right skewed. The average wage is a measure of total income after taxes divided by total number of employees employed. We base this assignment on gross national income gni per capita current us calculated using the atlas method.
Income groupings remain fixed for the entire world bank fiscal year i e until july 1 of the following year even if gni per capita estimates are revised in the meantime. The world bank classifies the world s economies into four income groups high upper middle lower middle and low. Data have been revised for belgium and ireland income year 2017. Prior to fy19 the income category of a country was not one of the factors which influenced lending decisions.
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. Hover over click on a tile for details.