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 in third world countries varies greatly depending on the country. Generally, it is much lower than in developed countries, often falling below the poverty line. Factors such as economic instability, lack of infrastructure, and limited access to education contribute to lower median incomes in these regions.
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.
Approximately 10% of the world's population earns more than 50 thousand dollars per year. This figure varies by country and region, with developed nations generally having a higher percentage of individuals earning above this threshold.