Which countries have most disposable income?

Which countries have most disposable income?

Median

Rank Country/Territory 2018 median household disposable income, after taxes and transfers (PPP)
1 United States $42,800
2 Norway $40,581
3 Switzerland $38,805 (2018)
4 Canada $36,675

What is the income of Indonesia?

In 2020, the national income per capita in Indonesia was about 42.12 million Indonesian rupiah, down from around 42.68 million rupiah the previous year. In that year, Indonesia’s gross domestic product was around 1.06 trillion U.S. dollars.

What percentage of income is disposable?

So You Need a Percentage: 30 Percent Well, there is an answer. Spend 30 percent of your after-tax income on discretionary items. But there’s a huge catch: your necessities can consume only 50 percent of your after-tax pay before you can spend 30 percent on wants. The other 20 percent should go to debt or savings.

Is Indonesia a low income country?

Indonesia is now categorized as lower middle-income, and between 2009 and 2013 annual GDP growth was 5.8 percent. With a rising middle class expected to reach 135 million people by 2020, the country is challenged with widening inequality.

Which country has highest per capita income in 2021?

Editor’s note: Readers have rightly pointed out that Monaco is one of the world’s richest countries in GDP per capita (nominal) terms….GDP per Capita in 2021: Full Dataset.

Country GDP per Capita (Nominal, 2021, USD)
Luxembourg $125,923
Ireland $90,478
Switzerland $90,358
Norway $76,408

What is the disposable income in Singapore?

8,393.600 SGD mn
Singapore SG: GDP: Gross National Disposable Income data was reported at -8,393.600 SGD mn in 2017. This records an increase from the previous number of -8,412.200 SGD mn for 2016.

Is Indonesia poor than India?

Dubbed as a lower middle income country, India is found to be scoring lower than Indonesia on five of the seven counts mentioned in the report. Dubbed as a lower middle income country, India is found to be scoring lower than Indonesia on five of the seven counts mentioned in the report.

What is a good salary in Indonesia?

The median salary in Indonesia is 11,400,000 IDR (788 USD). This means that 50% of the Indonesian population earns more than 11,400,000 IDR, and the other 50% earns less than 11,400,000 IDR.

Is Indonesia high income?

The World Bank downgraded Indonesia to lower-middle income status as of July 1, with a gross national income per capita of $3,870. The country had graduated to upper-middle income status last year with a GNI per capita of $4,050, its first time in that band since rankings going back to 1988.

Is Indonesia a 3rd world country?

The large diversity of countries considered part of the Third World — from Indonesia to Afghanistan — ranged widely from economically primitive to economically advanced and from politically non-aligned to Soviet- or Western-leaning.

What is the national income per capita in Indonesia?

In 2020, the national income per capita in Indonesia was about 42.12 million Indonesian rupiah, down from around 42.68 million rupiah the previous year. In that year, Indonesia’s gross domestic product was around 1.06 trillion U.S. dollars. National per capita income in Indonesia from 2011 to 2020 (in million Indonesian rupiah)

What is the average disposable income per capita in the US?

Disposable Income per Capita: SNA 2008: USD data is updated yearly, averaging 2,778.000 USD from Dec 2010 to 2018, with 9 observations. The data reached an all-time high of 2,895.900 USD in 2018 and a record low of 2,429.700 USD in 2010.

What is the economic outlook of Indonesia?

Indonesian consumer income is expected to grow nearly six times by 2040, driven by robust population growth, rising worker productivity, and increasing wages. Purchasing power will be concentrated in the hands of the Middle Youth, determining future

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