Annual Income World Percentile

The top 1 of indians would not go past the global 80th percentile.

Annual income world percentile. In our comparison over 78 countries the usa comes 9th with an average income of 65 760 usd. For developing countries global ventiles don t convey fine enough information to show how their very richest compare with the rest of the world. According to a 2019 report by the credit suisse research institute only 1 of the world s population. To estimate where your personal income percentile falls on the world s income spectrum all you need is to indicate 11 18 2020 23 19 57pm est.

The average income of india s richest ventile is only about as comparable as the usa s bottom ventile. Head over to the data tables page if you want to see the rest of the income ranges for each demographics category. Average income around the world the worldwide highest income is earned in monaco. Dollars is based on the world bank s estimates of the purchasing power parity of.

Find out how close you are to the top 1 with our income ranking calculator. Do you want to find out what percentile your income puts you in. Annual wages of top earners. The average income is calculated by gross national income and population.

For this purpose it uses gross national income gni per capita data in u s. Low lower middle upper middle and high income. Our tool s estimate of your world income percentile is based on data for the global distribution of income for 2013 which is the most current year for which we have the data. Dollars converted from local currency using the world bank atlas method which is applied to smooth exchange rate fluctuations.

Meanwhile our conversion of your entered income to be in terms of international u s. The latest data from the epi show that in 2018 annual wages for the top 1 reached 737 697 up just 0 2 compared to 2017. Annual household income 2 000 450 000. The world bank classifies economies for analytical purposes into four income groups.

The income required to be in the top 1 varies greatly based on what country you live in. Compare your salary think you re paid what you re worth. The smallest budget per capita exists in the democratic republic of the congo.