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That data is the median. The distribution may be uneven, but even the median American has more PPP adjusted income than all but Luxembourg citizens.
by creato 3y ago
That data is the median. The distribution may be uneven, but even the median American has more PPP adjusted income than all but Luxembourg citizens.
- nerdponx 3y agoOK, but the second point also stands. Income is not the same as disposable income. The OECD data claims to measure the latter, but you'd have to look into the data definitions to see what that means.