3 ms·
That's mean vs median for you. In this[1] analysis, average is £12k, but median global per-capita household income is under $3k: 50 percent of humans earn less
by adhesive_wombat 3y ago
That's mean vs median for you. In this[1] analysis, average is £12k, but median global per-capita household income is under $3k: 50 percent of humans earn less than that (to be fair, it's actually rising quite fast and steadily since the 90s).
Not sure where PPP puts it but the median figure will be lower because you can get a lot richer than you can get poorer.
1: https://www.zippia.com/advice/average-income-worldwide/ https://www.zippia.com/advice/average-income-worldwide/