Income Of Top 10 Percent In The World

Utah s top 10 earn just 198 8 more than the median wage.

Income of top 10 percent in the world. Brazil is the top country by income share held by highest 10 in the world. Data are based on primary household survey data obtained from government statistical agencies and world bank country departments. As of 2018 income share held by highest 10 in brazil was 42 5. The income required to be in the top 1 varies greatly based on what country you live in.

Those in the top 10 saw 9 6 growth. Utah has a relatively high median income and this translates into one of the lowest gaps between top and average wage earners in the country. America s median income is about 55 000 a year and nearly one half of the world s richest 1 live in america. In contrast wid world combines national accounts and survey data with fiscal data sources.

10 25 cas social security 10 cass health insurance for employed persons or only 10 cass calculated from the minimum wage if you earn more than the monthly minimum wage 12 months for the self employed persons ex you pay a maximum of 2280 ron as cass contribution in 2018 if you earn over ron 22 800 for the whole year. Income share held by highest 10 world bank development research group. The share of the top decile and the top 5 percent remains at the same level as in 2016 while the share of the top 1 percent has edged down from 47 5 percent to 47 2 percent according to our best. In the years since the great recession the bottom 90 saw annual wage growth of just 6 8 compared to the top 0 1 which experienced 19 2 growth.

The top 5 countries also includes colombia angola honduras and panama. The global median income is 1 225 a year. According to a 2019 report by the credit suisse research institute only 1 of the world s population. Top 10 national income share across the world 2016 the rise in inequality has also taken place at a different pace across countries.

This allows us to release inequality estimates that are more reliable from the bottom to the top of the distribution of income and wealth and also that span over much longer periods.