Introduction
The median income by country is an important indicator of the financial well-being of a nation’s citizens. It refers to the point at which half of all households earn more than that amount and half earn less. It is a more precise measure than the average or mean income, which can be skewed by extremely high amounts earned by those in the upper-income bracket. Generally speaking, countries with higher median incomes offer their citizens greater financial security and access to resources such as health care, housing, education, and quality of life. However, it should be noted that there are significant disparities between countries when it comes to median incomes due to varying levels of economic development, cost of living, and access to resources. For instance, some countries possess much higher levels of wealth and inequality than others, resulting in vastly different median incomes across borders. In addition, within a single country, there may also be differences based on gender, race or ethnicity, age groups, and geographic location. Ultimately understanding the levels and distribution of household income can help governments make better policies for their citizens to ensure greater economic stability and opportunity for all.
| # | Country | Median Income | GDP per capita | Human Development Index | Extreme Poverty Rate |
|---|---|---|---|---|---|
| 1 | Luxembourg | $69.48 | $135,683 | 0.93 | 0.28% |
| 2 | Norway | $65.3 | $89,203 | 0.96 | 0.25% |
| 3 | United Arab Emirates | $65.14 | 0.91 | ||
| 4 | United States of America | $65.04 | $69,288 | 0.92 | 1% |
| 5 | Switzerland | $64.35 | $93,457 | 0.96 | 0.03% |
| 6 | Austria | $57.64 | $53,268 | 0.92 | 0.57% |
| 7 | Iceland | $56.52 | $68,384 | 0.96 | |
| 8 | Canada | $55.42 | $52,051 | 0.94 | 0.25% |
| 9 | Germany | $54.82 | $50,802 | 0.94 | |
| 10 | Netherlands | $54.42 | $58,061 | 0.94 | 0.1% |
| 11 | Denmark | $54.08 | $67,803 | 0.95 | 0.17% |
| 12 | Australia | $53.05 | $59,934 | 0.95 | 0.5% |
| 13 | Belgium | $52.63 | $51,768 | 0.94 | 0.08% |
| 14 | Finland | $51.26 | $53,983 | 0.94 | 0.06% |
| 15 | Sweden | $50.57 | $60,239 | 0.95 | 0.69% |
| 16 | France | $49.59 | $43,519 | 0.91 | 0.02% |
| 17 | Malta | $45.71 | $33,257 | 0.92 | 0.1% |
| 18 | United Kingdom | $45 | $47,334 | 0.93 | 0.3% |
| 19 | Ireland | $44.73 | $99,152 | 0.95 | 0.24% |
| 20 | Cyprus | $43.2 | $30,798 | 0.9 | 0.02% |
| 21 | Japan | $41.49 | $39,285 | 0.93 | 0.73% |
| 22 | Italy | $40.67 | $35,551 | 0.9 | 1.39% |
| 23 | Spain | $40.29 | $30,116 | 0.91 | 0.88% |
| 24 | Slovenia | $39.5 | $29,201 | 0.92 | |
| 25 | Taiwan | $38.27 | |||
| 26 | South Korea | $37.62 | $34,758 | 0.93 | 0.23% |
| 27 | Estonia | $34.65 | $27,281 | 0.89 | 0.23% |
| 28 | Czech Republic | $34.56 | $26,378 | 0.89 | 0.01% |
| 29 | Israel | $33.65 | $51,430 | 0.92 | 0.24% |
| 30 | Lithuania | $30.71 | $23,433 | 0.88 | 0.9% |
| 31 | Portugal | $29.43 | $24,262 | 0.87 | 0.27% |
| 32 | Latvia | $26.94 | $20,642 | 0.86 | 0.34% |
| 33 | Croatia | $26.12 | $17,399 | 0.86 | 0.44% |
| 34 | Lebanon | $26.12 | $2,670 | 0.71 | |
| 35 | Hungary | $24.76 | $18,773 | 0.85 | 0.21% |
| 36 | Slovakia | $24.76 | $21,088 | 0.85 | 0.17% |
| 37 | Greece | $24.61 | $20,277 | 0.89 | 0.14% |
| 38 | Panama | $21.85 | $14,516 | 0.81 | 1.22% |
| 39 | Malaysia | $21.62 | $11,371 | 0.8 | 0.01% |
| 40 | Bulgaria | $20.86 | $11,635 | 0.8 | 0.79% |
| 41 | Uruguay | $20.38 | $17,021 | 0.81 | 0.1% |
| 42 | Seychelles | $19.5 | $13,307 | 0.79 | 0.4% |
| 43 | Romania | $19.03 | $14,862 | 0.82 | 2% |
| 44 | Bosnia and Herzegovina | $17.6 | $6,916 | 0.78 | 0.06% |
| 45 | Russia | $17.41 | $12,173 | 0.82 | 0.03% |
| 46 | Belarus | $17.24 | $7,304 | 0.81 | |
| 47 | Poland | $17.24 | $17,841 | 0.88 | |
| 48 | Argentina | $17.23 | $10,729 | 0.84 | 1.46% |
| 49 | Chile | $17.01 | $16,503 | 0.86 | 0.28% |
| 50 | Turkey | $16.18 | $9,587 | 0.84 | 0.36% |
| 51 | Maldives | $15.83 | $8,995 | 0.75 | |
| 52 | Montenegro | $14.62 | $9,367 | 0.83 | 2.19% |
| 53 | Bolivia | $14.02 | $3,415 | 0.69 | 3.24% |
| 54 | Costa Rica | $13.92 | $12,509 | 0.81 | 1.01% |
| 55 | Brazil | $13.49 | $7,519 | 0.75 | 4.61% |
| 56 | Jordan | $13.39 | $4,406 | 0.72 | 0.1% |
| 57 | Serbia | $13.2 | $9,215 | 0.8 | 0.04% |
| 58 | Albania | $13.08 | $6,494 | 0.8 | 0.87% |
| 59 | Saint Lucia | $13.05 | $9,571 | 0.72 | 4.37% |
| 60 | Thailand | $12.89 | $7,233 | 0.8 | 0.08% |
| 61 | Mauritius | $12.73 | $8,812 | 0.8 | 0.13% |
| 62 | Ukraine | $12.6 | $4,836 | 0.77 | |
| 63 | Republic of Macedonia | $12.4 | $6,721 | 0.77 | 3.32% |
| 64 | Paraguay | $12.31 | $5,400 | 0.72 | 0.95% |
| 65 | Palestine | $11.42 | $3,664 | 0.72 | 0.89% |
| 66 | Tunisia | $11.38 | $3,924 | 0.73 | 0.22% |
| 67 | Vietnam | $10.92 | $3,694 | 0.7 | 1.35% |
| 68 | People's Republic of China | $10.72 | $12,556 | 0.77 | 0.2% |
| 69 | Dominican Republic | $10.63 | $8,604 | 0.77 | 0.57% |
| 70 | Moldova | $10.52 | $5,315 | 0.77 | 0.02% |
| 71 | Kazakhstan | $10.42 | $10,041 | 0.81 | 0.01% |
| 72 | Iran | $10.31 | 0.77 | 0.74% | |
| 73 | Trinidad and Tobago | $10.17 | $15,243 | 0.81 | 0.28% |
| 74 | Jamaica | $9.95 | $4,587 | 0.71 | 1.8% |
| 75 | El Salvador | $9.89 | $4,409 | 0.68 | 1.25% |
| 76 | Gabon | $9.67 | $8,017 | 0.71 | 3.42% |
| 77 | Iraq | $9.61 | $5,048 | 0.69 | 1.26% |
| 78 | Mexico | $9.55 | $9,926 | 0.76 | 1.74% |
| 79 | Marshall Islands | $9.21 | $4,171 | 0.64 | |
| 80 | Ecuador | $9.16 | $5,935 | 0.74 | 3.58% |
| 81 | Venezuela | $8.49 | 0.69 | ||
| 82 | Bhutan | $8.26 | 0.67 | 0.66% | |
| 83 | Suriname | $8.14 | $4,836 | 0.73 | |
| 84 | Kosovo | $8.11 | |||
| 85 | Mongolia | $8.1 | $4,535 | 0.74 | 0.24% |
| 86 | Nicaragua | $8.07 | $2,091 | 0.67 | 3.45% |
| 87 | Azerbaijan | $8.06 | $5,384 | 0.75 | |
| 88 | Algeria | $8.04 | $3,765 | 0.75 | 0.32% |
| 89 | Peru | $7.93 | $6,692 | 0.76 | 2.19% |
| 90 | Colombia | $7.8 | $6,131 | 0.75 | 4.94% |
| 91 | Morocco | $7.71 | $3,497 | 0.68 | 0.6% |
| 92 | Syria | $6.95 | 0.58 | 34.57% | |
| 93 | Honduras | $6.93 | $2,831 | 0.62 | 14.78% |
| 94 | Nauru | $6.68 | $12,252 | ||
| 95 | Fiji | $6.64 | $5,086 | 0.73 | 0.21% |
| 96 | Armenia | $6.62 | $4,670 | 0.76 | 1.08% |
| 97 | Sri Lanka | $6.59 | $3,815 | 0.78 | 0.57% |
| 98 | Guatemala | $6.17 | $5,026 | 0.63 | 6.64% |
| 99 | Guyana | $6.04 | $9,375 | 0.71 | 6.01% |
| 100 | Georgia | $6.03 | $5,042 | 0.8 | 3.78% |
| 101 | Indonesia | $5.74 | $4,292 | 0.71 | 2.88% |
| 102 | Namibia | $5.68 | $4,729 | 0.62 | 15.95% |
| 103 | Myanmar | $5.47 | $1,187 | 0.59 | 0.87% |
| 104 | Kyrgyzstan | $5.43 | $1,276 | 0.69 | 0.56% |
| 105 | Tajikistan | $5.33 | $897 | 0.69 | 2.21% |
| 106 | Mauritania | $5.3 | $1,723 | 0.56 | 5.35% |
| 107 | Philippines | $5.3 | $3,549 | 0.7 | 3.81% |
| 108 | Egypt | $5.07 | $3,876 | 0.73 | 4.07% |
| 109 | Belize | $4.92 | $4,420 | 0.68 | 14.39% |
| 110 | Botswana | $4.84 | $7,348 | 0.69 | 13.09% |
| 111 | Laos | $4.76 | $2,551 | 0.61 | 9.35% |
| 112 | South Africa | $4.76 | $6,994 | 0.71 | 19.67% |
| 113 | Vanuatu | $4.67 | $3,127 | 0.61 | 14.16% |
| 114 | Senegal | $4.44 | $1,606 | 0.51 | 27.5% |
| 115 | Comoros | $4.39 | $1,495 | 0.56 | 18.32% |
| 116 | Ivory Coast | $4.35 | $2,579 | 0.55 | 22.06% |
| 117 | Federated States of Micronesia | $4.23 | $3,477 | 0.63 | 15.39% |
| 118 | Nepal | $4.2 | $1,223 | 0.6 | 4.78% |
| 119 | Djibouti | $4.09 | $3,364 | 0.51 | 14.27% |
| 120 | Pakistan | $4.07 | $1,538 | 0.54 | 4.29% |
| 121 | São Tomé and Príncipe | $4 | $2,449 | 0.62 | 35.45% |
| 122 | The Gambia | $3.95 | $836 | 0.5 | 7.98% |
| 123 | Cameroon | $3.89 | $1,662 | 0.58 | 22.77% |
| 124 | India | $3.89 | $2,277 | 0.63 | |
| 125 | Guinea | $3.8 | $1,174 | 0.47 | 21.26% |
| 126 | Mali | $3.78 | $918 | 0.43 | 42.26% |
| 127 | Ghana | $3.73 | $2,445 | 0.63 | 10.7% |
| 128 | Sudan | $3.66 | $764 | 0.51 | 13.62% |
| 129 | Bangladesh | $3.58 | $2,503 | 0.66 | 6.62% |
| 130 | Benin | $3.48 | $1,428 | 0.53 | 43.38% |
| 131 | Yemen | $3.44 | $691 | 0.46 | 54.69% |
| 132 | Angola | $3.42 | $2,138 | 0.59 | 51.4% |
| 133 | Guinea-Bissau | $3.31 | $813 | 0.48 | 62.65% |
| 134 | Lesotho | $3.24 | $1,166 | 0.51 | 28.5% |
| 135 | Togo | $3.21 | $992 | 0.54 | 45.29% |
| 136 | Haiti | $3.2 | $1,815 | 0.54 | 20.33% |
| 137 | Kenya | $3.1 | $2,007 | 0.58 | 31.25% |
| 138 | Liberia | $3.1 | $673 | 0.48 | 48.17% |
| 139 | Solomon Islands | $3.1 | $2,337 | 0.56 | 22.94% |
| 140 | Ethiopia | $3.06 | $944 | 0.5 | 19.54% |
| 141 | Burkina Faso | $3 | $918 | 0.45 | 32.82% |
| 142 | Sierra Leone | $2.96 | $516 | 0.48 | 40.06% |
| 143 | Nigeria | $2.95 | $2,085 | 0.54 | 39.2% |
| 144 | Eswatini | $2.95 | $4,215 | 0.6 | 27.53% |
| 145 | Chad | $2.88 | $696 | 0.39 | 41.04% |
| 146 | Zimbabwe | $2.65 | $1,737 | 0.59 | 39.53% |
| 147 | Papua New Guinea | $2.62 | $2,916 | 0.56 | 26.18% |
| 148 | Uganda | $2.47 | $858 | 0.53 | 38.02% |
| 149 | Turkmenistan | $2.4 | 0.75 | 1.75% | |
| 150 | Tanzania | $2.33 | $1,136 | 0.55 | 47.72% |
| 151 | Niger | $2.13 | $595 | 0.4 | 39.29% |
| 152 | Rwanda | $2.07 | $834 | 0.53 | 48.97% |
| 153 | Burundi | $1.7 | $237 | 0.43 | 79.53% |
| 154 | Central African Republic | $1.68 | $511 | 0.4 | 70.76% |
| 155 | Mozambique | $1.6 | $500 | 0.45 | 62.29% |
| 156 | Zambia | $1.57 | $1,121 | 0.57 | 58.52% |
| 157 | Malawi | $1.53 | $643 | 0.51 | 67.55% |
| 158 | Somalia | $1.52 | $446 | 68.66% | |
| 159 | South Sudan | $1.52 | 0.39 | 80.71% | |
| 160 | Democratic Republic of the Congo | $1.46 | $584 | 0.48 | 70.99% |
| 161 | Uzbekistan | $1.23 | $1,983 | 0.73 | 10.68% |
| 162 | Madagascar | $1.12 | $515 | 0.5 | 76.55% |
Countries With Highest Median Income
The countries with the highest median income are Luxembourg, Norway, the United Arab Emirates, the United States, Switzerland, Austria, Iceland, Canada, Germany, and the Netherlands. The country with the highest median income in the world is Luxembourg, at $69.48. The second highest median income is in Norway, with a median income of $65.3. The third highest median income is in the United Arab Emirates, which has a median income of $65.04. The fourth highest median income is in the United States of America, and has a median income of $65.04. the fifth highest median income is in Switzerland, which has a median income of $64.35. The sixth highest median income is in Austria, which has a median income of $57.64. The seventh highest median income is in Iceland, with a median income of $56.52. The eighth highest median income is in Canada, with a median income of $55.42. The ninth highest median income is in Germany and has a median income of $54.82. The tenth highest median income is in the Netherlands, which has a median income of $54.42.
Countries With the Highest Median Income
1. Luxembourg – $69.48
2. Norway – $65.3
3. United Arab Emirates – $65.14
4. United States of America – $65.04
5. Switzerland – $64.35
6. Austria – $57.64
7. Iceland – $56.52
8. Canada – $55.42
9. Germany – $54.82
10. Netherlands – $54.42
Country With Highest Median Income
The country with the highest median income is Luxembourg with a median income of $69.48 per day. This high median income can be attributed to a number of factors; firstly, Luxembourg also boast the highest GDP per capita at $135,683. Secondly, Luxembourg has long been viewed as a major financial hub and centre for international trade, which has attracted many large corporations and businesses to set up shop in this small European nation. Thirdly, Luxembourg’s government is known for its low taxes and economic stability, creating an environment which is both business friendly and attractive to investors. As such, Luxembourg provides an attractive platform for businesses and financial institutions looking to succeed in the global market. Finally, due to its strategic geographic location at the heart of Europe, it enjoys access to markets from all over the continent. With all these elements combined, residents in Luxembourg are able enjoy one of the highest median incomes globally.
Median Income by Country
Albania
Median Income
$13.08
Ranked in the World
#58
$6,494
Ranked in the World
#88
0.8
↑ 0.25%
Vs 2020
Ranked in the World
#67
Extreme Poverty Rate
0.87%
Ranked in the World
#93
Algeria
Median Income
$8.04
Ranked in the World
#88
$3,765
Ranked in the World
#114
0.75
↑ 1.22%
Vs 2020
Ranked in the World
#91
Extreme Poverty Rate
0.32%
Ranked in the World
#110
Angola
Median Income
$3.42
Ranked in the World
#132
$2,138
Ranked in the World
#134
0.59
↓ 0.68%
Vs 2020
Ranked in the World
#143
Extreme Poverty Rate
51.4%
Ranked in the World
#13
Argentina
Median Income
$17.23
Ranked in the World
#48
$10,729
Ranked in the World
#64
0.84
↑ 0.24%
Vs 2020
Ranked in the World
#47
Extreme Poverty Rate
1.46%
Ranked in the World
#80
The median income in Argentina is $13.78 per day, ranking the country fifty-fifth in terms of the highest median income in the world. This places Argentina far behind other nations such as Canada or Australia with a much higher median wage of around $50 USD per day. Despite this, there has been considerable year-on-year growth recently, with median incomes increasing by almost 10% since 2017.
Armenia
Median Income
$6.62
Ranked in the World
#96
$4,670
Ranked in the World
#102
0.76
↑ 0.26%
Vs 2020
Ranked in the World
#85
Extreme Poverty Rate
1.08%
Ranked in the World
#86
Australia
Median Income
$53.05
Ranked in the World
#12
$59,934
Ranked in the World
#12
0.95
↑ 0.42%
Vs 2020
Ranked in the World
#5
Extreme Poverty Rate
0.5%
Ranked in the World
#105
The median income in Australia is $48.73 per day, ranking the country eleventh in terms of the highest median income in the world. It is higher than the global median, making it an attractive destination for work and investment. While this provides a comfortable standard of living for many Australians, some vulnerable people are still struggling to make ends meet and are facing financial difficulties. Indeed, the wealthiest 20% of Australians earn more than five times as much as the poorest 20%. This highlights the need to improve access to education, job opportunities, and safety nets to ensure that everyone has a fair chance at achieving financial success.
Austria
Median Income
$57.64
Ranked in the World
#6
$53,268
Ranked in the World
#15
0.92
↑ 0.33%
Vs 2020
Ranked in the World
#25
Extreme Poverty Rate
0.57%
Ranked in the World
#101
Azerbaijan
Median Income
$8.06
Ranked in the World
#87
$5,384
Ranked in the World
#93
0.75
↑ 2.05%
Vs 2020
Ranked in the World
#92
Bangladesh
Median Income
$3.58
Ranked in the World
#129
$2,503
Ranked in the World
#128
0.66
↑ 0.92%
Vs 2020
Ranked in the World
#126
Extreme Poverty Rate
6.62%
Ranked in the World
#56
Belarus
Median Income
$17.24
Ranked in the World
#46
$7,304
Ranked in the World
#82
0.81
↑ 0.12%
Vs 2020
Ranked in the World
#60
Belgium
Median Income
$52.63
Ranked in the World
#13
$51,768
Ranked in the World
#17
0.94
↑ 0.97%
Vs 2020
Ranked in the World
#14
Extreme Poverty Rate
0.08%
Ranked in the World
#135
Belize
Median Income
$4.92
Ranked in the World
#109
$4,420
Ranked in the World
#105
0.68
↓ 1.01%
Vs 2020
Ranked in the World
#121
Extreme Poverty Rate
14.39%
Ranked in the World
#46
Benin
Median Income
$3.48
Ranked in the World
#130
$1,428
Ranked in the World
#148
0.53
↑ 0.19%
Vs 2020
Ranked in the World
#161
Extreme Poverty Rate
43.38%
Ranked in the World
#18
Bhutan
Median Income
$8.26
Ranked in the World
#82
0.67
↓ 0.3%
Vs 2020
Ranked in the World
#125
Extreme Poverty Rate
0.66%
Ranked in the World
#99
Bolivia
Median Income
$14.02
Ranked in the World
#53
$3,415
Ranked in the World
#120
0.69
↓ 0.14%
Vs 2020
Ranked in the World
#115
Extreme Poverty Rate
3.24%
Ranked in the World
#71
Bosnia and Herzegovina
Median Income
$17.6
Ranked in the World
#44
$6,916
Ranked in the World
#85
0.78
↓ 0.13%
Vs 2020
Ranked in the World
#74
Extreme Poverty Rate
0.06%
Ranked in the World
#137
Botswana
Median Income
$4.84
Ranked in the World
#110
$7,348
Ranked in the World
#81
0.69
↓ 2.81%
Vs 2020
Ranked in the World
#116
Extreme Poverty Rate
13.09%
Ranked in the World
#50
Brazil
Median Income
$13.49
Ranked in the World
#55
$7,519
Ranked in the World
#80
0.75
↓ 0.53%
Vs 2020
Ranked in the World
#87
Extreme Poverty Rate
4.61%
Ranked in the World
#61
Bulgaria
Median Income
$20.86
Ranked in the World
#40
$11,635
Ranked in the World
#62
0.8
↓ 0.87%
Vs 2020
Ranked in the World
#68
Extreme Poverty Rate
0.79%
Ranked in the World
#95
Burkina Faso
Median Income
$3
Ranked in the World
#141
$918
Ranked in the World
#158
0.45
- 0%
Vs 2020
Ranked in the World
#179
Extreme Poverty Rate
32.82%
Ranked in the World
#28
Burundi
Median Income
$1.7
Ranked in the World
#153
$237
Ranked in the World
#177
0.43
- 0%
Vs 2020
Ranked in the World
#182
Extreme Poverty Rate
79.53%
Ranked in the World
#2
Cameroon
Median Income
$3.89
Ranked in the World
#123
$1,662
Ranked in the World
#142
0.58
↓ 0.35%
Vs 2020
Ranked in the World
#147
Extreme Poverty Rate
22.77%
Ranked in the World
#35
Canada
Median Income
$55.42
Ranked in the World
#8
$52,051
Ranked in the World
#16
0.94
↑ 0.54%
Vs 2020
Ranked in the World
#16
Extreme Poverty Rate
0.25%
Ranked in the World
#116
The median income in Canada is $51.58 per day, ranking the country seventh in terms of the highest median income in the world. This means that half of all Canadian households earn more than $51.58 per day, while the other half earns less. The average annual salary for Canadian workers is around $60,000 and the minimum wage varies from province to province, ranging from $11.32 to $15.20 per hour before taxes. The stable economy and high quality of life help contribute to this median income in Canada and make it one of the most desirable places to live in the world.
Central African Republic
Median Income
$1.68
Ranked in the World
#154
$511
Ranked in the World
#174
0.4
↓ 0.74%
Vs 2020
Ranked in the World
#183
Extreme Poverty Rate
70.76%
Ranked in the World
#5
Chad
Median Income
$2.88
Ranked in the World
#145
$696
Ranked in the World
#166
0.39
↓ 0.76%
Vs 2020
Ranked in the World
#185
Extreme Poverty Rate
41.04%
Ranked in the World
#20
Chile
Median Income
$17.01
Ranked in the World
#49
$16,503
Ranked in the World
#51
0.86
↑ 0.35%
Vs 2020
Ranked in the World
#42
Extreme Poverty Rate
0.28%
Ranked in the World
#112
Colombia
Median Income
$7.8
Ranked in the World
#90
$6,131
Ranked in the World
#89
0.75
↓ 0.53%
Vs 2020
Ranked in the World
#88
Extreme Poverty Rate
4.94%
Ranked in the World
#59
Comoros
Median Income
$4.39
Ranked in the World
#115
$1,495
Ranked in the World
#146
0.56
↓ 0.71%
Vs 2020
Ranked in the World
#151
Extreme Poverty Rate
18.32%
Ranked in the World
#42
Costa Rica
Median Income
$13.92
Ranked in the World
#54
$12,509
Ranked in the World
#59
0.81
↓ 0.86%
Vs 2020
Ranked in the World
#58
Extreme Poverty Rate
1.01%
Ranked in the World
#87
Croatia
Median Income
$26.12
Ranked in the World
#33
$17,399
Ranked in the World
#48
0.86
↑ 0.35%
Vs 2020
Ranked in the World
#41
Extreme Poverty Rate
0.44%
Ranked in the World
#106
Cyprus
Median Income
$43.2
Ranked in the World
#20
$30,798
Ranked in the World
#31
0.9
↑ 0.22%
Vs 2020
Ranked in the World
#29
Extreme Poverty Rate
0.02%
Ranked in the World
#142
Czech Republic
Median Income
$34.56
Ranked in the World
#28
$26,378
Ranked in the World
#36
0.89
↓ 0.34%
Vs 2020
Ranked in the World
#32
Extreme Poverty Rate
0.01%
Ranked in the World
#145
Democratic Republic of the Congo
Median Income
$1.46
Ranked in the World
#160
$584
Ranked in the World
#171
0.48
- 0%
Vs 2020
Ranked in the World
#174
Extreme Poverty Rate
70.99%
Ranked in the World
#4
Denmark
Median Income
$54.08
Ranked in the World
#11
$67,803
Ranked in the World
#9
0.95
↑ 0.11%
Vs 2020
Ranked in the World
#6
Extreme Poverty Rate
0.17%
Ranked in the World
#127
The median income in Denmark is $49.27 per day, ranking the country ninth in terms of the highest median income in the world. Much of this can be attributed to Denmark's robust economy, which boasts a high standard of living and low taxes for citizens. Simultaneously, Denmark's low unemployment rate promotes steady economic growth and enables citizens to earn more money on average than citizens in other countries. The nation's comprehensive welfare system also contributes significantly to its financial standing. As a result, Danish citizens enjoy a higher quality of life and greater purchasing power than their peers around the globe.
Djibouti
Median Income
$4.09
Ranked in the World
#119
$3,364
Ranked in the World
#121
0.51
↓ 0.2%
Vs 2020
Ranked in the World
#166
Extreme Poverty Rate
14.27%
Ranked in the World
#47
Dominican Republic
Median Income
$10.63
Ranked in the World
#69
$8,604
Ranked in the World
#75
0.77
↑ 0.39%
Vs 2020
Ranked in the World
#80
Extreme Poverty Rate
0.57%
Ranked in the World
#102
Ecuador
Median Income
$9.16
Ranked in the World
#80
$5,935
Ranked in the World
#91
0.74
↑ 1.23%
Vs 2020
Ranked in the World
#94
Extreme Poverty Rate
3.58%
Ranked in the World
#67
Egypt
Median Income
$5.07
Ranked in the World
#108
$3,876
Ranked in the World
#112
0.73
↓ 0.41%
Vs 2020
Ranked in the World
#96
Extreme Poverty Rate
4.07%
Ranked in the World
#64
The median income in Egypt is $4.01 per day, ranking the country one hundred and eleventh in terms of the highest median income in the world. This amount is far below those of many more affluent nations and even lower than most developing countries. The high poverty rate in Egypt can be attributed to a low GDP per capita and an unequal income distribution between citizens. In addition, due to inflation, rising costs of living, and other economic challenges, wages have remained stagnant for years which has further driven down the median income. As such, many Egyptians are struggling to make ends meet and depend on public assistance or donations from abroad to survive.
El Salvador
Median Income
$9.89
Ranked in the World
#75
$4,409
Ranked in the World
#106
0.68
↑ 0.45%
Vs 2020
Ranked in the World
#123
Extreme Poverty Rate
1.25%
Ranked in the World
#84
Estonia
Median Income
$34.65
Ranked in the World
#27
$27,281
Ranked in the World
#35
0.89
↓ 0.22%
Vs 2020
Ranked in the World
#31
Extreme Poverty Rate
0.23%
Ranked in the World
#121
Eswatini
Median Income
$2.95
Ranked in the World
#143
$4,215
Ranked in the World
#109
0.6
↓ 2.13%
Vs 2020
Ranked in the World
#139
Extreme Poverty Rate
27.53%
Ranked in the World
#31
Ethiopia
Median Income
$3.06
Ranked in the World
#140
$944
Ranked in the World
#157
0.5
- 0%
Vs 2020
Ranked in the World
#170
Extreme Poverty Rate
19.54%
Ranked in the World
#41
Federated States of Micronesia
Median Income
$4.23
Ranked in the World
#117
$3,477
Ranked in the World
#119
0.63
↓ 0.16%
Vs 2020
Ranked in the World
#130
Extreme Poverty Rate
15.39%
Ranked in the World
#44
Fiji
Median Income
$6.64
Ranked in the World
#95
$5,086
Ranked in the World
#95
0.73
↓ 0.95%
Vs 2020
Ranked in the World
#98
Extreme Poverty Rate
0.21%
Ranked in the World
#124
Finland
Median Income
$51.26
Ranked in the World
#14
$53,983
Ranked in the World
#14
0.94
↑ 0.21%
Vs 2020
Ranked in the World
#11
Extreme Poverty Rate
0.06%
Ranked in the World
#138
France
Median Income
$49.59
Ranked in the World
#16
$43,519
Ranked in the World
#24
0.91
↑ 0.78%
Vs 2020
Ranked in the World
#27
Extreme Poverty Rate
0.02%
Ranked in the World
#143
The median income in France is $45.60 per day, ranking the country sixteenth in terms of the highest median income in the world. This high median income is due to a number of factors: the country's robust economy and large market share; its high-skilled labor force; and its policy of providing social safety nets to its citizens through government welfare programs. Additionally, French people also benefit from an extensive network of public services such as healthcare, education, transportation, and culture. All these factors create an environment where citizens can enjoy a high quality of life and be able to purchase goods and services that allow them to live comfortably.
Gabon
Median Income
$9.67
Ranked in the World
#76
$8,017
Ranked in the World
#77
0.71
↓ 0.56%
Vs 2020
Ranked in the World
#110
Extreme Poverty Rate
3.42%
Ranked in the World
#69
Georgia
Median Income
$6.03
Ranked in the World
#100
$5,042
Ranked in the World
#97
0.8
- 0%
Vs 2020
Ranked in the World
#63
Extreme Poverty Rate
3.78%
Ranked in the World
#66
Germany
Median Income
$54.82
Ranked in the World
#9
$50,802
Ranked in the World
#19
0.94
↓ 0.21%
Vs 2020
Ranked in the World
#9
The median income in Germany is $47.86 per day, ranking the country thirteenth in terms of the highest median income in the world. Despite being a major economic power with a strong currency, however, wages are still lower than in other European nations such as Norway and Switzerland. In addition, Germany has also seen an increase in part-time work over the past few years that have further reduced average wages. This means that many German citizens are feeling a financial squeeze despite having higher-than-average incomes overall.
Ghana
Median Income
$3.73
Ranked in the World
#127
$2,445
Ranked in the World
#130
0.63
- 0%
Vs 2020
Ranked in the World
#129
Extreme Poverty Rate
10.7%
Ranked in the World
#51
Greece
Median Income
$24.61
Ranked in the World
#37
$20,277
Ranked in the World
#44
0.89
↑ 0.11%
Vs 2020
Ranked in the World
#33
Extreme Poverty Rate
0.14%
Ranked in the World
#129
The median income in Greece is $19.94 per day, ranking the country thirty-ninth in terms of the highest median income in the world. It places Greece on the lower end of income for developed countries and many of its citizens struggle to make ends meet. Despite this, there are a few areas in which Greece enjoys a higher income than its peers. For instance, the agricultural sector accounts for roughly 12% of total employment and has grown steadily in recent years.
Guatemala
Median Income
$6.17
Ranked in the World
#98
$5,026
Ranked in the World
#98
0.63
↓ 1.26%
Vs 2020
Ranked in the World
#131
Extreme Poverty Rate
6.64%
Ranked in the World
#55
Guinea
Median Income
$3.8
Ranked in the World
#125
$1,174
Ranked in the World
#152
0.47
↓ 0.21%
Vs 2020
Ranked in the World
#177
Extreme Poverty Rate
21.26%
Ranked in the World
#37
Guinea-Bissau
Median Income
$3.31
Ranked in the World
#133
$813
Ranked in the World
#164
0.48
- 0%
Vs 2020
Ranked in the World
#172
Extreme Poverty Rate
62.65%
Ranked in the World
#8
Guyana
Median Income
$6.04
Ranked in the World
#99
$9,375
Ranked in the World
#70
0.71
↓ 0.97%
Vs 2020
Ranked in the World
#107
Extreme Poverty Rate
6.01%
Ranked in the World
#57
Haiti
Median Income
$3.2
Ranked in the World
#136
$1,815
Ranked in the World
#139
0.54
↓ 0.93%
Vs 2020
Ranked in the World
#158
Extreme Poverty Rate
20.33%
Ranked in the World
#39
Honduras
Median Income
$6.93
Ranked in the World
#93
$2,831
Ranked in the World
#124
0.62
- 0%
Vs 2020
Ranked in the World
#132
Extreme Poverty Rate
14.78%
Ranked in the World
#45
Hungary
Median Income
$24.76
Ranked in the World
#35
$18,773
Ranked in the World
#45
0.85
↑ 0.47%
Vs 2020
Ranked in the World
#44
Extreme Poverty Rate
0.21%
Ranked in the World
#125
Iceland
Median Income
$56.52
Ranked in the World
#7
$68,384
Ranked in the World
#8
0.96
↑ 0.21%
Vs 2020
Ranked in the World
#3
India
Median Income
$3.89
Ranked in the World
#124
$2,277
Ranked in the World
#132
0.63
↓ 1.4%
Vs 2020
Ranked in the World
#128
Indonesia
Median Income
$5.74
Ranked in the World
#101
$4,292
Ranked in the World
#108
0.71
↓ 0.56%
Vs 2020
Ranked in the World
#112
Extreme Poverty Rate
2.88%
Ranked in the World
#72
Iran
Median Income
$10.31
Ranked in the World
#72
0.77
↓ 0.39%
Vs 2020
Ranked in the World
#76
Extreme Poverty Rate
0.74%
Ranked in the World
#96
Iraq
Median Income
$9.61
Ranked in the World
#77
$5,048
Ranked in the World
#96
0.69
↑ 1.03%
Vs 2020
Ranked in the World
#119
Extreme Poverty Rate
1.26%
Ranked in the World
#83
Ireland
Median Income
$44.73
Ranked in the World
#19
$99,152
Ranked in the World
#3
0.95
↑ 0.21%
Vs 2020
Ranked in the World
#8
Extreme Poverty Rate
0.24%
Ranked in the World
#118
The median income in Ireland is $44.78 per day, ranking the country seventeenth in terms of the highest median income in the world. This figure has seen an increase of over 6% since 2018, making it one of the fastest-growing economies in Europe during that time period. Ireland’s current median income stands as proof that the country’s economy continues to grow and prosper and that many people are able to maintain a healthy standard of living and enjoy a higher quality of life than their peers in other parts of the world.
Israel
Median Income
$33.65
Ranked in the World
#29
$51,430
Ranked in the World
#18
0.92
↑ 0.44%
Vs 2020
Ranked in the World
#21
Extreme Poverty Rate
0.24%
Ranked in the World
#119
Italy
Median Income
$40.67
Ranked in the World
#22
$35,551
Ranked in the World
#27
0.9
↑ 0.67%
Vs 2020
Ranked in the World
#30
Extreme Poverty Rate
1.39%
Ranked in the World
#81
The median income in Italy is $36.73 per day, ranking the country twenty-fourth in terms of the highest median income in the world. It provides a decent standard of living for many Italian citizens, giving them the financial stability to make their day-to-day lives easier and more comfortable. The rising wages across the country have also contributed to a more prosperous society, with people able to afford luxuries that were previously considered unattainable.
Ivory Coast
Median Income
$4.35
Ranked in the World
#116
$2,579
Ranked in the World
#126
0.55
↓ 0.18%
Vs 2020
Ranked in the World
#154
Extreme Poverty Rate
22.06%
Ranked in the World
#36
Jamaica
Median Income
$9.95
Ranked in the World
#74
$4,587
Ranked in the World
#103
0.71
↓ 0.56%
Vs 2020
Ranked in the World
#109
Extreme Poverty Rate
1.8%
Ranked in the World
#77
Japan
Median Income
$41.49
Ranked in the World
#21
$39,285
Ranked in the World
#26
0.93
↑ 0.22%
Vs 2020
Ranked in the World
#19
Extreme Poverty Rate
0.73%
Ranked in the World
#97
Jordan
Median Income
$13.39
Ranked in the World
#56
$4,406
Ranked in the World
#107
0.72
↓ 0.41%
Vs 2020
Ranked in the World
#102
Extreme Poverty Rate
0.1%
Ranked in the World
#131
Kazakhstan
Median Income
$10.42
Ranked in the World
#71
$10,041
Ranked in the World
#65
0.81
↓ 0.37%
Vs 2020
Ranked in the World
#56
Extreme Poverty Rate
0.01%
Ranked in the World
#146
Kenya
Median Income
$3.1
Ranked in the World
#137
$2,007
Ranked in the World
#137
0.58
↑ 0.52%
Vs 2020
Ranked in the World
#145
Extreme Poverty Rate
31.25%
Ranked in the World
#29
Kosovo
Median Income
$8.11
Ranked in the World
#84
Kyrgyzstan
Median Income
$5.43
Ranked in the World
#104
$1,276
Ranked in the World
#149
0.69
↑ 0.44%
Vs 2020
Ranked in the World
#117
Extreme Poverty Rate
0.56%
Ranked in the World
#104
Laos
Median Income
$4.76
Ranked in the World
#111
$2,551
Ranked in the World
#127
0.61
↓ 0.16%
Vs 2020
Ranked in the World
#136
Extreme Poverty Rate
9.35%
Ranked in the World
#53
Latvia
Median Income
$26.94
Ranked in the World
#32
$20,642
Ranked in the World
#43
0.86
↓ 0.92%
Vs 2020
Ranked in the World
#39
Extreme Poverty Rate
0.34%
Ranked in the World
#109
Lebanon
Median Income
$26.12
Ranked in the World
#34
$2,670
Ranked in the World
#125
0.71
↓ 2.75%
Vs 2020
Ranked in the World
#111
Lesotho
Median Income
$3.24
Ranked in the World
#134
$1,166
Ranked in the World
#153
0.51
↓ 1.34%
Vs 2020
Ranked in the World
#163
Extreme Poverty Rate
28.5%
Ranked in the World
#30
Liberia
Median Income
$3.1
Ranked in the World
#138
$673
Ranked in the World
#168
0.48
↑ 0.21%
Vs 2020
Ranked in the World
#173
Extreme Poverty Rate
48.17%
Ranked in the World
#15
Lithuania
Median Income
$30.71
Ranked in the World
#30
$23,433
Ranked in the World
#40
0.88
↓ 0.46%
Vs 2020
Ranked in the World
#36
Extreme Poverty Rate
0.9%
Ranked in the World
#90
Luxembourg
Median Income
$69.48
Ranked in the World
#1
$135,683
Ranked in the World
#1
0.93
↑ 0.65%
Vs 2020
Ranked in the World
#17
Extreme Poverty Rate
0.28%
Ranked in the World
#113
The median income in Luxembourg is $63.75 per day, the second-highest median income in the world. This allows the citizens of Luxembourg to have much greater purchasing power than most countries on the globe. The strong economy of Luxembourg means that its citizens can afford higher quality goods and services, as well as access to better healthcare and education options. Luxembourg’s median income is one of the main reasons why it is often considered one of the wealthiest countries in Europe.
Madagascar
Median Income
$1.12
Ranked in the World
#162
$515
Ranked in the World
#173
0.5
- 0%
Vs 2020
Ranked in the World
#168
Extreme Poverty Rate
76.55%
Ranked in the World
#3
Malawi
Median Income
$1.53
Ranked in the World
#157
$643
Ranked in the World
#169
0.51
↓ 0.78%
Vs 2020
Ranked in the World
#164
Extreme Poverty Rate
67.55%
Ranked in the World
#7
Malaysia
Median Income
$21.62
Ranked in the World
#39
$11,371
Ranked in the World
#63
0.8
↓ 0.37%
Vs 2020
Ranked in the World
#62
Extreme Poverty Rate
0.01%
Ranked in the World
#147
Maldives
Median Income
$15.83
Ranked in the World
#51
$8,995
Ranked in the World
#73
0.75
↑ 1.77%
Vs 2020
Ranked in the World
#90
Mali
Median Income
$3.78
Ranked in the World
#126
$918
Ranked in the World
#159
0.43
↑ 0.23%
Vs 2020
Ranked in the World
#181
Extreme Poverty Rate
42.26%
Ranked in the World
#19
Malta
Median Income
$45.71
Ranked in the World
#17
$33,257
Ranked in the World
#29
0.92
↑ 0.77%
Vs 2020
Ranked in the World
#23
Extreme Poverty Rate
0.1%
Ranked in the World
#132
Marshall Islands
Median Income
$9.21
Ranked in the World
#79
$4,171
Ranked in the World
#110
0.64
- 0%
Vs 2020
Ranked in the World
#127
Mauritania
Median Income
$5.3
Ranked in the World
#106
$1,723
Ranked in the World
#141
0.56
- 0%
Vs 2020
Ranked in the World
#153
Extreme Poverty Rate
5.35%
Ranked in the World
#58
Mauritius
Median Income
$12.73
Ranked in the World
#61
$8,812
Ranked in the World
#74
0.8
↓ 0.25%
Vs 2020
Ranked in the World
#64
Extreme Poverty Rate
0.13%
Ranked in the World
#130
Mexico
Median Income
$9.55
Ranked in the World
#78
$9,926
Ranked in the World
#67
0.76
↑ 0.26%
Vs 2020
Ranked in the World
#86
Extreme Poverty Rate
1.74%
Ranked in the World
#79
The median income in Mexico is $9.04 per day, ranking the country seventy-fifth in terms of the highest median income in the world. This means that for many individuals and families living in Mexico, their economic position may be precarious and make it difficult to access basic necessities like food, housing, and education. In addition, there are often large disparities between rural and urban populations within Mexico who have different levels of access to resources which affects their ability to earn more than the median rate of income.
Moldova
Median Income
$10.52
Ranked in the World
#70
$5,315
Ranked in the World
#94
0.77
↑ 0.13%
Vs 2020
Ranked in the World
#81
Extreme Poverty Rate
0.02%
Ranked in the World
#144
Mongolia
Median Income
$8.1
Ranked in the World
#85
$4,535
Ranked in the World
#104
0.74
↓ 0.81%
Vs 2020
Ranked in the World
#95
Extreme Poverty Rate
0.24%
Ranked in the World
#120
Montenegro
Median Income
$14.62
Ranked in the World
#52
$9,367
Ranked in the World
#71
0.83
↑ 0.73%
Vs 2020
Ranked in the World
#50
Extreme Poverty Rate
2.19%
Ranked in the World
#74
Morocco
Median Income
$7.71
Ranked in the World
#91
$3,497
Ranked in the World
#118
0.68
↑ 0.59%
Vs 2020
Ranked in the World
#122
Extreme Poverty Rate
0.6%
Ranked in the World
#100
Mozambique
Median Income
$1.6
Ranked in the World
#155
$500
Ranked in the World
#175
0.45
↓ 1.55%
Vs 2020
Ranked in the World
#180
Extreme Poverty Rate
62.29%
Ranked in the World
#9
Myanmar
Median Income
$5.47
Ranked in the World
#103
$1,187
Ranked in the World
#151
0.59
↓ 2.5%
Vs 2020
Ranked in the World
#144
Extreme Poverty Rate
0.87%
Ranked in the World
#94
Namibia
Median Income
$5.68
Ranked in the World
#102
$4,729
Ranked in the World
#101
0.62
↓ 2.84%
Vs 2020
Ranked in the World
#134
Extreme Poverty Rate
15.95%
Ranked in the World
#43
Nauru
Median Income
$6.68
Ranked in the World
#94
$12,252
Ranked in the World
#60
Nepal
Median Income
$4.2
Ranked in the World
#118
$1,223
Ranked in the World
#150
0.6
↓ 0.33%
Vs 2020
Ranked in the World
#138
Extreme Poverty Rate
4.78%
Ranked in the World
#60
Netherlands
Median Income
$54.42
Ranked in the World
#10
$58,061
Ranked in the World
#13
0.94
↑ 0.21%
Vs 2020
Ranked in the World
#10
Extreme Poverty Rate
0.1%
Ranked in the World
#133
Nicaragua
Median Income
$8.07
Ranked in the World
#86
$2,091
Ranked in the World
#135
0.67
↑ 1.99%
Vs 2020
Ranked in the World
#124
Extreme Poverty Rate
3.45%
Ranked in the World
#68
Niger
Median Income
$2.13
Ranked in the World
#151
$595
Ranked in the World
#170
0.4
↓ 0.25%
Vs 2020
Ranked in the World
#184
Extreme Poverty Rate
39.29%
Ranked in the World
#23
Nigeria
Median Income
$2.95
Ranked in the World
#144
$2,085
Ranked in the World
#136
0.54
- 0%
Vs 2020
Ranked in the World
#159
Extreme Poverty Rate
39.2%
Ranked in the World
#24
Norway
Median Income
$65.3
Ranked in the World
#2
$89,203
Ranked in the World
#5
0.96
↑ 0.21%
Vs 2020
Ranked in the World
#2
Extreme Poverty Rate
0.25%
Ranked in the World
#117
The median income in Norway is $62.14 per day, the third-highest median income in the world. The country provides a good quality of living and working standards for citizens; with a strong economy and social safety nets, the nation has become increasingly attractive for both foreign workers and investors alike. Furthermore, the high median income provides a very beneficial environment for Norwegian households, creating considerable economic stability within the country and allowing a majority of citizens to live comfortably.
Pakistan
Median Income
$4.07
Ranked in the World
#120
$1,538
Ranked in the World
#145
0.54
↑ 0.18%
Vs 2020
Ranked in the World
#156
Extreme Poverty Rate
4.29%
Ranked in the World
#63
The median income in Pakistan is $3.81 per day, ranking the country one hundred and fifteenth in terms of the highest median income in the world. In addition, an estimated two-thirds of Pakistani households have no access to basic sanitation services, and many lack access to potable water. High prices for essential goods and services have also placed additional burdens on citizens with limited incomes. As such, it has become increasingly difficult for many families in Pakistan to achieve financial stability and security through their current incomes alone.
Palestine
Median Income
$11.42
Ranked in the World
#65
$3,664
Ranked in the World
#116
0.72
↓ 0.14%
Vs 2020
Ranked in the World
#105
Extreme Poverty Rate
0.89%
Ranked in the World
#91
Panama
Median Income
$21.85
Ranked in the World
#38
$14,516
Ranked in the World
#56
0.81
↑ 0.5%
Vs 2020
Ranked in the World
#61
Extreme Poverty Rate
1.22%
Ranked in the World
#85
Papua New Guinea
Median Income
$2.62
Ranked in the World
#147
$2,916
Ranked in the World
#123
0.56
↓ 0.36%
Vs 2020
Ranked in the World
#152
Extreme Poverty Rate
26.18%
Ranked in the World
#33
Paraguay
Median Income
$12.31
Ranked in the World
#64
$5,400
Ranked in the World
#92
0.72
↓ 1.78%
Vs 2020
Ranked in the World
#104
Extreme Poverty Rate
0.95%
Ranked in the World
#89
People's Republic of China
Median Income
$10.72
Ranked in the World
#68
$12,556
Ranked in the World
#58
0.77
↑ 0.52%
Vs 2020
Ranked in the World
#79
Extreme Poverty Rate
0.2%
Ranked in the World
#126
The median income in China is $11.24 per day, ranking the country sixty-fourth in terms of the highest median income in the world. Despite this low ranking, wages have been steadily rising throughout recent years; between 2005 and 2018, the average annual income per capita almost doubled from $1,206 to $2,305. This impressive growth is largely due to the country's rapid economic expansion over that period. However, despite this increase, many people still struggle to make ends meet as living costs continue to soar at a faster rate than wages can keep up with.
Peru
Median Income
$7.93
Ranked in the World
#89
$6,692
Ranked in the World
#87
0.76
- 0%
Vs 2020
Ranked in the World
#84
Extreme Poverty Rate
2.19%
Ranked in the World
#75
Philippines
Median Income
$5.3
Ranked in the World
#107
$3,549
Ranked in the World
#117
0.7
↓ 1.55%
Vs 2020
Ranked in the World
#114
Extreme Poverty Rate
3.81%
Ranked in the World
#65
Poland
Median Income
$17.24
Ranked in the World
#47
$17,841
Ranked in the World
#47
0.88
- 0%
Vs 2020
Ranked in the World
#34
Portugal
Median Income
$29.43
Ranked in the World
#31
$24,262
Ranked in the World
#37
0.87
↑ 0.35%
Vs 2020
Ranked in the World
#38
Extreme Poverty Rate
0.27%
Ranked in the World
#115
Republic of Macedonia
Median Income
$12.4
Ranked in the World
#63
$6,721
Ranked in the World
#86
0.77
↓ 0.52%
Vs 2020
Ranked in the World
#78
Extreme Poverty Rate
3.32%
Ranked in the World
#70
Romania
Median Income
$19.03
Ranked in the World
#43
$14,862
Ranked in the World
#55
0.82
↓ 0.36%
Vs 2020
Ranked in the World
#53
Extreme Poverty Rate
2%
Ranked in the World
#76
Russia
Median Income
$17.41
Ranked in the World
#45
$12,173
Ranked in the World
#61
0.82
↓ 0.96%
Vs 2020
Ranked in the World
#52
Extreme Poverty Rate
0.03%
Ranked in the World
#140
The median income in Russia is $15.47 per day, ranking the country fifty-first in terms of the highest median income in the world. This number has been steadily decreasing due to inflation and the war, impacting citizens' quality of life in a negative way. As a result, many Russian households are now living below the poverty line, struggling to make ends meet due to their decreased purchasing power and limited wages.
Rwanda
Median Income
$2.07
Ranked in the World
#152
$834
Ranked in the World
#163
0.53
↑ 0.38%
Vs 2020
Ranked in the World
#160
Extreme Poverty Rate
48.97%
Ranked in the World
#14
Saint Lucia
Median Income
$13.05
Ranked in the World
#59
$9,571
Ranked in the World
#69
0.72
↓ 1.11%
Vs 2020
Ranked in the World
#106
Extreme Poverty Rate
4.37%
Ranked in the World
#62
São Tomé and Príncipe
Median Income
$4
Ranked in the World
#121
$2,449
Ranked in the World
#129
0.62
↓ 0.16%
Vs 2020
Ranked in the World
#133
Extreme Poverty Rate
35.45%
Ranked in the World
#26
Senegal
Median Income
$4.44
Ranked in the World
#114
$1,606
Ranked in the World
#143
0.51
↓ 0.39%
Vs 2020
Ranked in the World
#165
Extreme Poverty Rate
27.5%
Ranked in the World
#32
Serbia
Median Income
$13.2
Ranked in the World
#57
$9,215
Ranked in the World
#72
0.8
↓ 0.25%
Vs 2020
Ranked in the World
#65
Extreme Poverty Rate
0.04%
Ranked in the World
#139
Seychelles
Median Income
$19.5
Ranked in the World
#42
$13,307
Ranked in the World
#57
0.79
↓ 1.01%
Vs 2020
Ranked in the World
#72
Extreme Poverty Rate
0.4%
Ranked in the World
#107
Sierra Leone
Median Income
$2.96
Ranked in the World
#142
$516
Ranked in the World
#172
0.48
↑ 0.42%
Vs 2020
Ranked in the World
#176
Extreme Poverty Rate
40.06%
Ranked in the World
#21
Slovakia
Median Income
$24.76
Ranked in the World
#36
$21,088
Ranked in the World
#42
0.85
↓ 1.05%
Vs 2020
Ranked in the World
#46
Extreme Poverty Rate
0.17%
Ranked in the World
#128
Slovenia
Median Income
$39.5
Ranked in the World
#24
$29,201
Ranked in the World
#33
0.92
↑ 0.55%
Vs 2020
Ranked in the World
#24
Solomon Islands
Median Income
$3.1
Ranked in the World
#139
$2,337
Ranked in the World
#131
0.56
↓ 0.18%
Vs 2020
Ranked in the World
#150
Extreme Poverty Rate
22.94%
Ranked in the World
#34
Somalia
Median Income
$1.52
Ranked in the World
#158
$446
Ranked in the World
#176
Extreme Poverty Rate
68.66%
Ranked in the World
#6
South Africa
Median Income
$4.76
Ranked in the World
#112
$6,994
Ranked in the World
#84
0.71
↓ 1.93%
Vs 2020
Ranked in the World
#108
Extreme Poverty Rate
19.67%
Ranked in the World
#40
South Korea
Median Income
$37.62
Ranked in the World
#26
$34,758
Ranked in the World
#28
0.93
↑ 0.33%
Vs 2020
Ranked in the World
#20
Extreme Poverty Rate
0.23%
Ranked in the World
#122
South Sudan
Median Income
$1.52
Ranked in the World
#159
0.39
↓ 0.26%
Vs 2020
Ranked in the World
#186
Extreme Poverty Rate
80.71%
Ranked in the World
#1
Spain
Median Income
$40.29
Ranked in the World
#23
$30,116
Ranked in the World
#32
0.91
↑ 0.67%
Vs 2020
Ranked in the World
#28
Extreme Poverty Rate
0.88%
Ranked in the World
#92
The median income in Spain is $32.24 per day, ranking the country twenty-sixth in terms of the highest median income in the world. This figure has increased slightly over the past few years, making it easier for people to make a living and improve their quality of life. However, Spain's median income is still lower than other European countries, particularly nations like Norway, Luxembourg, and Switzerland.
Sri Lanka
Median Income
$6.59
Ranked in the World
#97
$3,815
Ranked in the World
#113
0.78
↑ 0.26%
Vs 2020
Ranked in the World
#73
Extreme Poverty Rate
0.57%
Ranked in the World
#103
Sudan
Median Income
$3.66
Ranked in the World
#128
$764
Ranked in the World
#165
0.51
↓ 0.39%
Vs 2020
Ranked in the World
#167
Extreme Poverty Rate
13.62%
Ranked in the World
#49
Suriname
Median Income
$8.14
Ranked in the World
#83
$4,836
Ranked in the World
#99
0.73
↓ 1.75%
Vs 2020
Ranked in the World
#99
Sweden
Median Income
$50.57
Ranked in the World
#15
$60,239
Ranked in the World
#11
0.95
↑ 0.53%
Vs 2020
Ranked in the World
#7
Extreme Poverty Rate
0.69%
Ranked in the World
#98
The median income in Sweden is $48.82 per day, the tenth-highest median income in the world. This level of disposable income allows Swedes to enjoy a comfortable lifestyle and invest in a wide variety of leisure activities. The country also spends more per capita than any other nation on programs such as childcare, healthcare, immigration, and social welfare benefits. This high degree of government spending helps to ensure that most citizens are able to benefit from a robust economy and access quality services.
Switzerland
Median Income
$64.35
Ranked in the World
#5
$93,457
Ranked in the World
#4
0.96
↑ 0.63%
Vs 2020
Ranked in the World
#1
Extreme Poverty Rate
0.03%
Ranked in the World
#141
The median income in Switzerland is $58.08 per day, the fourth-highest median income in the world. This implies that the majority of people in Switzerland are able to secure a comfortable lifestyle, with many having access to basic necessities and luxuries alike. Additionally, the salary gap between men and women has been narrowing over the years, with both genders receiving similar wages for similar occupations. These factors contribute to Switzerland being one of the wealthiest countries in the world.
Syria
Median Income
$6.95
Ranked in the World
#92
0.58
- 0%
Vs 2020
Ranked in the World
#146
Extreme Poverty Rate
34.57%
Ranked in the World
#27
Taiwan
Median Income
$38.27
Ranked in the World
#25
Tajikistan
Median Income
$5.33
Ranked in the World
#105
$897
Ranked in the World
#160
0.69
↑ 3.16%
Vs 2020
Ranked in the World
#120
Extreme Poverty Rate
2.21%
Ranked in the World
#73
Tanzania
Median Income
$2.33
Ranked in the World
#150
$1,136
Ranked in the World
#154
0.55
↑ 0.18%
Vs 2020
Ranked in the World
#155
Extreme Poverty Rate
47.72%
Ranked in the World
#16
Thailand
Median Income
$12.89
Ranked in the World
#60
$7,233
Ranked in the World
#83
0.8
↓ 0.25%
Vs 2020
Ranked in the World
#66
Extreme Poverty Rate
0.08%
Ranked in the World
#136
The Gambia
Median Income
$3.95
Ranked in the World
#122
$836
Ranked in the World
#162
0.5
↓ 0.2%
Vs 2020
Ranked in the World
#169
Extreme Poverty Rate
7.98%
Ranked in the World
#54
Togo
Median Income
$3.21
Ranked in the World
#135
$992
Ranked in the World
#156
0.54
↑ 0.75%
Vs 2020
Ranked in the World
#157
Extreme Poverty Rate
45.29%
Ranked in the World
#17
Trinidad and Tobago
Median Income
$10.17
Ranked in the World
#73
$15,243
Ranked in the World
#53
0.81
↓ 0.98%
Vs 2020
Ranked in the World
#57
Extreme Poverty Rate
0.28%
Ranked in the World
#114
Tunisia
Median Income
$11.38
Ranked in the World
#66
$3,924
Ranked in the World
#111
0.73
↓ 0.81%
Vs 2020
Ranked in the World
#97
Extreme Poverty Rate
0.22%
Ranked in the World
#123
Turkey
Median Income
$16.18
Ranked in the World
#50
$9,587
Ranked in the World
#68
0.84
↑ 0.6%
Vs 2020
Ranked in the World
#49
Extreme Poverty Rate
0.36%
Ranked in the World
#108
The median income in Turkey is $14.29 per day, ranking the country fifty-third in terms of the highest median income in the world. Turkey's median income has steadily increased over time due to increased economic growth and efforts by the government to reduce poverty levels. To this end, recent initiatives have included social welfare programs that aim to provide access to education and healthcare services while also providing grants and subsidies to those with lower incomes.
Turkmenistan
Median Income
$2.4
Ranked in the World
#149
0.75
↑ 0.54%
Vs 2020
Ranked in the World
#93
Extreme Poverty Rate
1.75%
Ranked in the World
#78
Uganda
Median Income
$2.47
Ranked in the World
#148
$858
Ranked in the World
#161
0.53
↑ 0.19%
Vs 2020
Ranked in the World
#162
Extreme Poverty Rate
38.02%
Ranked in the World
#25
Ukraine
Median Income
$12.6
Ranked in the World
#62
$4,836
Ranked in the World
#100
0.77
↓ 0.26%
Vs 2020
Ranked in the World
#77
The median income in Ukraine is $13.26 per day, ranking the country fifty-sixth in terms of the highest median income in the world. This income is key to providing basic needs for many Ukrainians, such as food, shelter, clothing, medical care, and education. In some cases, there are benefits made available to those earning below a certain amount that can help them get by on their limited incomes. However, this figure has recently decreased due to inflation and the war.
United Arab Emirates
Median Income
$65.14
Ranked in the World
#3
0.91
↓ 0.11%
Vs 2020
Ranked in the World
#26
United Kingdom
Median Income
$45
Ranked in the World
#18
$47,334
Ranked in the World
#22
0.93
↑ 0.54%
Vs 2020
Ranked in the World
#18
Extreme Poverty Rate
0.3%
Ranked in the World
#111
United States of America
Median Income
$65.04
Ranked in the World
#4
$69,288
Ranked in the World
#7
0.92
↑ 0.11%
Vs 2020
Ranked in the World
#22
Extreme Poverty Rate
1%
Ranked in the World
#88
Uruguay
Median Income
$20.38
Ranked in the World
#41
$17,021
Ranked in the World
#50
0.81
↓ 1.46%
Vs 2020
Ranked in the World
#59
Extreme Poverty Rate
0.1%
Ranked in the World
#134
Uzbekistan
Median Income
$1.23
Ranked in the World
#161
$1,983
Ranked in the World
#138
0.73
↑ 0.69%
Vs 2020
Ranked in the World
#100
Extreme Poverty Rate
10.68%
Ranked in the World
#52
Vanuatu
Median Income
$4.67
Ranked in the World
#113
$3,127
Ranked in the World
#122
0.61
↓ 0.16%
Vs 2020
Ranked in the World
#137
Extreme Poverty Rate
14.16%
Ranked in the World
#48
Venezuela
Median Income
$8.49
Ranked in the World
#81
0.69
↓ 0.58%
Vs 2020
Ranked in the World
#118
Vietnam
Median Income
$10.92
Ranked in the World
#67
$3,694
Ranked in the World
#115
0.7
↓ 0.99%
Vs 2020
Ranked in the World
#113
Extreme Poverty Rate
1.35%
Ranked in the World
#82
Yemen
Median Income
$3.44
Ranked in the World
#131
$691
Ranked in the World
#167
0.46
↓ 1.09%
Vs 2020
Ranked in the World
#178
Extreme Poverty Rate
54.69%
Ranked in the World
#12
Zambia
Median Income
$1.57
Ranked in the World
#156
$1,121
Ranked in the World
#155
0.57
↓ 0.88%
Vs 2020
Ranked in the World
#149
Extreme Poverty Rate
58.52%
Ranked in the World
#10
Zimbabwe
Median Income
$2.65
Ranked in the World
#146
$1,737
Ranked in the World
#140
0.59
↓ 1.17%
Vs 2020
Ranked in the World
#142
Extreme Poverty Rate
39.53%
Ranked in the World
#22
FAQs
What country has the highest median income ?
The country that has the highest median income is Luxembourg at $69.48.
What are the ten countries with the highest median income?
The top ten countries with the highest median income are:
1. Luxembourg – $69.48
2. Norway – $65.3
3. United Arab Emirates – $65.14
4. United States of America – $65.04
5. Switzerland – $64.35
6. Austria – $57.64
7. Iceland – $56.52
8. Canada – $55.42
9. Germany – $54.82
10. Netherlands – $54.42
What are the 5 countries with the highest median income?
The 5 countries with the highest median income are Luxembourg, Norway, the United Arab Emirates, the United States of America, and Switzerland. Luxembourg has the highest median income in the world at $69.48. Norway has the second highest median income at $65.3. The United Arab Emirates has a median income of $65.14 and ranks third. The United States of America ranks fourth and has a median income of $65.04. Switzerland has the fifth highest median income at $64.35.
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