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n_photography?utm_source=medium&utm_medium=referral">Filipp Romanovski</a> on <a href="https://unsplash.com?utm_source=medium&utm_medium=referral">Unsplash</a></figcaption></figure><p id="2d96">The silver medal goes to <b>Bermuda</b>, where the median income is $112,240, followed by Switzerland in 3rd ($ 82,620).</p><p id="032d">In the other countries, the average incomes are as follows:</p><ul><li>4. Luxembourg — <b> $80,860</b></li><li>5. Norway — <b>$ 78,290</b></li><li>6. Macao — <b> $75,690</b></li><li>7. Ireland — <b>$ 65,620</b></li><li>8. United States — <b> $64,530</b></li><li>9. Denmark —<b>$ 63,010</b></li><li>10. Iceland — <b> $62,420</b></li><li>11. Singapore — <b>$ 54,920</b></li><li>12. Sweden — <b> $54,050</b></li><li>13. Australia — <b>$ 53,690</b></li><li>14. Netherlands — <b> $51,060</b></li><li>15. Finland — <b>$ 49,780</b></li><li>16. Hong Kong —<b> $48,630</b></li><li>17. Germany — <b>$ 47,470</b></li><li>18. Belgium —<b> $45,750</b></li><li>19. Canada — <b>$ 43,580</b></li><li>20. Israel — <b> $42,600</b></li><li>21. New Zealand — <b>$ 41,550</b></li><li>22. Japan — <b> $40,360</b></li><li>23. United Kingdom — <b>$ 39,830</b></li><li>24. France — <b>39,480</b></li><li>25. United Arab Emirates — <b> $39,410</b></li><li>\dots</li><li>\dots</li><li>\dots</li><li>66. Burma — <b>$ 1,350</b></li><li>67. Pakistan — <b> $1,270</b></li><li>68. Sudan — <b>$ 530</b></li><li>69. Afghanistan — <b> $500</b></li></ul><p id="ee28">Most of the figures are from 2020. You can take a closer look at them <a href="https://www.worlddata.info/average-income.php"><b>here.</b></a></p><p id="0f50">Thanks for reading!</p><p id="02fe"><b>Wait a second.</b> Y<i>ou should get my articles in your inbox. <a href="https://medium.com/subscribe/@whitep"><b>Subscribe here.</b> </a>Maybe you also want to start writing on Medium yourself and make money. I made$ 2300 in my second month! You only need a membership for $5 a month. If you sign up<a href="https://medium

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The Average Income Around The World

How much do people earn in different countries?

Photo by The New York Public Library on Unsplash

Before I present you with the precise data, it is necessary to make three remarks.

First, the data do not necessarily equate to the standard of living or prosperity. After all, the cost of living varies from country to country. I can confirm this from my own experience. I did a lot of sports in my youth and took part in international competitions. At one competition, I got into a conversation with a South African. He told me that his family in South Africa was very rich, but that his trips to the competitions in Europe were also quite expensive for him because of the different cost of living.
Secondly, the average income may not be the most representative metric. That’s because the average is extremely inflated by a few top earners, so probably 80% earn below average.
Income does not refer exclusively to salary. It also includes income from other sources, such as capital gains.

The country of the top earners

The first place goes to Monaco. However, Monaco is just a tiny country on the Mediterranean coast of France. Its 38,682 inhabitants have an average annual income of $186,080, which is $15,507 per month.

Monaco is known worldwide for the Formula 1 Grand Prix that takes place there.

The silver medal goes to Bermuda, where the median income is $112,240, followed by Switzerland in 3rd ($82,620).

In the other countries, the average incomes are as follows:

4. Luxembourg — $80,860
5. Norway — $78,290
6. Macao — $75,690
7. Ireland — $65,620
8. United States — $64,530
9. Denmark — $63,010
10. Iceland — $62,420
11. Singapore — $54,920
12. Sweden — $54,050
13. Australia — $53,690
14. Netherlands — $51,060
15. Finland — $49,780
16. Hong Kong — $48,630
17. Germany — $47,470
18. Belgium — $45,750
19. Canada — $43,580
20. Israel — $42,600
21. New Zealand — $41,550
22. Japan — $40,360
23. United Kingdom — $39,830
24. France — 39,480
25. United Arab Emirates — $39,410
…
…
…
66. Burma — $1,350
67. Pakistan — $1,270
68. Sudan — $530
69. Afghanistan — $500

Most of the figures are from 2020. You can take a closer look at them here.

Thanks for reading!

Wait a second. You should get my articles in your inbox. Subscribe here. Maybe you also want to start writing on Medium yourself and make money. I made $2300 in my second month! You only need a membership for $5 a month. If you sign up with my link, you support me with a part of your fee without any additional costs for you.