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by apsec112 4724 days ago
This is an interesting idea, but the numbers are bogus. It says 2% of the world (130M people) makes more than $25,000. This is, however, the median American personal income, so we know that at least 150M Americans make at least that much, plus all the people who do so elsewhere (probably at least another 150M, counting UK, Germany, France, Japan, etc, all the wealthier countries).
4 comments

I don't think all Americans are in work ...

edit: Brief searching gives around 135 million Americans in work (this number maybe excluding farm work).

That's for everyone, not just workers. The figure for Americans who work with some non-zero salary is $29,000.
Since we've established that less than half of the population are in work, it follows that the median for everyone is 0...
(For better statistics see gapminder.org, it's quite fascinating)
Cool site; thanks for the link.

For all of us on mobile browsers: http://www.gapminder.org

I think that's the median gross income of "workers" - people of working age, in the labour market.

You need to subtract your taxes from that, and factor in all of the people who don't count as "workers".

Of course it's more than that, EU's average GDP per capita is 70% of that of the USA, population is over 150% of U.S., and income is more evenly distributed down here so losers are better off than in USA. And there is also Japan where the vast majority of 120+mm population get way more.