middle-class
This country would be categorized as a middle-income country with a balanced distribution of population between rural and urban areas.
The average income of a country refers to the total income earned by all individuals in that country divided by the total population. It provides a general measure of the economic well-being of the population and is often used to compare income levels across different countries.
The average annual income in 1911 varied depending on the occupation and location, but it was generally lower than in modern times due to lower wages and cost of living. In the United States, for example, the average annual income for a typical worker was around $500-$1,000.
The United States has seen stagnant average income for many years, with real wages for average workers remaining relatively flat despite economic growth.
In 1935, the average yearly income for a family in the United States was around $1,500-$2,000. Keep in mind that this amount varied depending on factors such as location, occupation, and family size.
In 1999, the age category with the highest median income was individuals aged 45-54 years.
average income of a country = total income of the country÷ population of the country
The average family income varies from state to state and from country to country.
The average income of a country depends with the country in question. The average income of the first world countries greatly varies when compared with those of the developing countries.
This is the income that the average consumer will be able to purchase. This is not the money that is available for just your product.
This is the income that the average consumer will be able to purchase. This is not the money that is available for just your product.
National income- total income of the country Per capita income- average income of the country
average incomes aren't different for gay people.
The country has little income (oil, etc) and a large population.
Average per capita income is income per head of a country i.e. real GDP/Population .
The average income of a country refers to the total income earned by all individuals in that country divided by the total population. It provides a general measure of the economic well-being of the population and is often used to compare income levels across different countries.
it is when the total national is divided by the populationit is number of incom whitch is divided equally among allWhen the total national income is divided by the total population, it is called per capita income.It is the average income of an average person in that country.For example:Let a country's average income be 5000$It doesn't mean that every person is earning 5000$ in that country. But on an average, the income of a person in that country is 5000$.Country with high per capita income is said to be developed.for example U.S.A.
GDP, Average household income, disposable income, how much debt the country is in, imports and exports...