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What is average third world income?

Updated: 8/21/2019
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Q: What is average third world income?
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What is the average annual income in third world countries?

the average income is aproximately 20pence per day, giving them a max income of upto £73 a year to live on.


How does the worldwide average income and the us average income compare?

The US average income is MUCH higher than the world average income.


What is median income of third world countries?

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.


What is the average personal income worldwide?

The average World Wide income is approximately 7,000.


What is the average income of a person straight out of high school into the real world?

what is the average income of a high school student going into the world


What countries are third world in?

Africa India Cuba


What is average income of a country?

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.


Can you make me a sentence using income?

In a third world country people have low incomes.


What is Russia's average income?

$15,100 (2009 est.) - World Factbook .


What is difference in criteria of UNDP and world bank for measuring development?

World bank measures the average of income. While the UNDP compares on the foundation of health, education, and income.


What is the average world 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.


What percentage of the world's population makes more than 50 thousand dollars per year?

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.