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This is a list of countries by gross national income per capita in 2023 at nominal values, according to the Atlas method, an indicator of income developed by the World Bank. [1] The GNI per capita is the dollar value of a country's final income in a year, divided by its population. It should be reflecting the average before tax income of a ...
Upper middle income 29.4 2020 29.42 2020 Andorra: Southern Europe: High income 27.96 2016 United Arab Emirates: Western Asia: High income 26.4 2018 25.97 2019 Argentina: South America: Upper middle income 40.7 2022 37.80 2022 Armenia: Western Asia: Upper middle income 27.9 2022 27.94 2021 Australia: Australia and New Zealand
However, income tax also becomes a factor to income inequality because according to the Tax Management Association of the Philippines, Filipino workers pay the highest income tax in the entire Association of South-East Asian Nations (ASEAN) region. [69] An average Filipino worker is taxed 32% as long as he is earning more than the minimum wage.
In addition, as of 2022, $3.65 per day in PPP for lower-middle income countries, and $6.85 per day in PPP for upper-middle income countries. [ 8 ] [ 9 ] Per the $1.90/day standard, the percentage of the global population living in absolute poverty fell from over 80% in 1800 to 10% by 2015, according to United Nations estimates, which found ...
Poverty in Pakistan has been recorded by the World Bank at 25.3% using the lower middle-income poverty rate of US$ 3.2 per day for the fiscal year 2020–21. [1] In September 2021, the government stated that 22% percent of its population lives below the national poverty line [ 2 ] set at Rs.
The latest official figures from the U.S. Census Bureau place median household income at $74,580. The Pew Research Center defines middle-income households as those "with an income that is two ...
Pakistan is a largely developing country and according to the Human Development Index, is ranked 147th out of 170 countries, upper side of "low human development." [1] Despite having a growing middle class numbering over 70 million, [2] a large portion of the country's population remains poor.
The Pakistan government spent over 1 trillion rupees (about $16.7 billion) on poverty alleviation programs during the past four years, reducing poverty from 35% in 2000–01 to 29.3% in 2013 and further to 17% in 2015. [56] Rural poverty remains a pressing issue, as development in those areas has been significantly slower than in major urban areas.