Which country has the highest average income per person in the world?

Answer 1

Luxemburg has an average income of £54,000 A year. That's about $84,000(USD). It has one of the highest average incomes in the world. Probably the highest.

@ World Bank, Cia, And Pensylvania University say its the Highest With An Minimum Income of 1700euro per person even for the worst jobs they have they still get the minimum of 1700 the month

Answer 2

Use the link below to see a list that is updated regularly. You can sort this list and get it to "reorder" itself if you want to see something different (and answer your question). The instructions are just above the top of the list.

Answer 3

The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output for a given country's economy. It is the total value of all final goods and services produced in a particular economy; the dollar value of all goods and services produced within a country's borders in a given year. GDP can be defined in three ways, all of which are conceptually identical. First, it is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on products, in the period. Third, it is equal to the sum of the income generated by production in the country in the period-that is, compensation of employees, taxes on production and imports less subsidies, and gross operating surplus (or profits).

The most common approach to measuring and quantifying GDP is the expenditure method:

GDP = consumption + gross investment+ government spending + (exports− imports),

The top 5 nations as per GDP is:

1. USA - 14,624,184 million US dollars

2. China - 5,745,133 million US dollars

3. Japan - 5,390,897 million US dollars

4. Germany - 3,305,898 million US dollars

5. France - 2,555,439 million US dollars

Answer 4

Luxemburg has the highest per capita income of $ 54430

Answer 5

The country with the highest income is Qatar. The next highest countries are Luxembourg, Kuwait, Singapore, as well as Brunei.

Answer 6

As of 2021, Luxembourg has the highest average income per person in the world.