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Uptime verified by Wormly.com

31 May 2007

Incomes of the very poor

Country

Income

(bottom 10%)

1

Taiwan

$19,588

2

Norway

$18,365

3

Japan

$15,895

4

Finland

$13,766

5

Sweden

$11,680

6

Germany

$11,294

7

Austria

$11,248

8

Belgium

$10,174

9

Canada

$9,769

10

Czech Republic

$9,307

11

France

$8,810

12

Switzerland

$8,704

13

Ireland

$8,625

14

Slovenia

$8,443

15

United States

$7,759

16

European Union

$7,581

17

Spain

$7,407

18

Denmark

$7,260

19

Hungary

$7,112

20

Greece

$7,053

21

Korea, South

$6,977

22

United Kingdom

$6,575

23

Colombia

$6,528

24

Australia

$6,521

25

Italy

$6,237

26

Israel

$6,210

27

Portugal

$5,916

28

Slovakia

$5,483

29

Lithuania

$4,836

30

Croatia

$4,495

31

Poland

$4,367

32

Latvia

$4,347

33

Belarus

$4,234

34

Uruguay

$3,909

35

Estonia

$3,754

36

New Zealand

$3,091

37

Bulgaria

$3,055

38

Kazakhstan

$2,995

39

Ukraine

$2,613

40

Thailand

$2,521

41

World

$2,461

42

Turkmenistan

$2,301

43

Algeria

$2,129

44

Romania

$2,126

45

Russia

$2,072

46

Turkey

$2,027

47

Azerbaijan

$2,003

48

Tunisia

$1,967

49

Egypt

$1,797

50

Malaysia

$1,742

The source data and calculations are in Poor Incomes.xls. All the data (Population, Income level, Income distribution) came from the CIA World Fact Book.

These are all in $US/year and are PPP (Purchasing Power Parity) figures. There were a bunch of surprises in there for me. The US actually does pretty well. Low in the equality stakes, but they have so much money that even a little share counts for a lot. It's pretty sad that Australia is so low down. I think through the middle of the distribution we probably do quite well on equality, but down the bottom we're only a tiny bit better than America. And sad bloody New Zealand. Their poor really are living the second world.

I estimated these figures based on (GDP * Proportional income of the poorest tenth) / (Population * 10%). Enough of them close enough to right, so I think I must have got it mostly right.

Comments

  1. Ryan, is that in US Dollars and is that per year?

    emily / 2:28pm / 4 June 2007

  2. Yes. It is. I wasn’t very clear.

    Ryan / 2:32pm / 4 June 2007

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