the average income is aproximately 20pence per day, giving them a max income of upto £73 a year to live on.
The US average income is MUCH higher than the world average income.
The median income for a good share of the third world is about $2 per day. The vast majority of families do not have an income above $1,000 in a year.
The average World Wide income is approximately 7,000.
what is the average income of a high school student going into the world
Africa India Cuba
The average income of a country depends with the country in question. The average income of the first world countries greatly varies when compared with those of the developing countries.
In a third world country people have low incomes.
$15,100 (2009 est.) - World Factbook .
World bank measures the average of income. While the UNDP compares on the foundation of health, education, and income.
The average world income is about $8,000 per year (per capita). However, less than 1/4 of countries enjoy this amount or more, because the median income is only about $2,000 per year. So although the total world GDP divided by the world population equals $8,000 per year, most people scrape by with a meager $2,000 per year income.
Some 5 %. But keep in mind that the equivalent of $ 50,000 would make you a middle-income earner in only the wealthiest Western countries such as the USA, but a top-income earner in all Third World countries. And even in many Western countries the average income is well below $ 50,000. It also has everything to do with a country's standards and cost of living. In many countries - certainly in the Third World - you can get by very nicely, with servants and all, on $ 20,000 a year or even less.