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The poverty line for lower middle-income countries (LMICs) has moved to US$3.65 from US$3.20, while the poverty line for upper middle-income countries (UMICs) has moved to US$6.85 from US$5.50. [ 6 ] The first table lists countries by the percentage of their population with an income of less than $2.15 (the extreme poverty line), $3.65 and $6. ...
This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar. The chart below reflects the average (mean) wage as reported by various data providers.
Average wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612. [1]
South-eastern Asia: Upper middle income 36.1 2023 37.92 2022 India: Southern Asia: Lower middle income 32.8 2021 37.06 2022 Ireland: Northern Europe: High income 30.1 2021 30.29 2022 29.1 2021 Iran: Southern Asia: Upper middle income 34.8 2022 40.94 2020 Iraq: Western Asia: Upper middle income 29.5 2012 47.20 2013 Iceland
Currently, no Oceanian country falls into the low human development category while Afghanistan, Pakistan and Yemen are the only Asian countries which fall into this category. The index was developed in 1990 by Pakistani economist Mahbub ul Haq [ 1 ] and Indian economist Amartya Sen .
This is list of countries by their inequality adjusted income, as defined and measured by the United Nations Development Programme. [1] The income index is one component of the Human Development Index, but is also used separately. [2] The adjustment of income for inequality based on the Gini coefficient was first proposed by Amartya Sen in 1976 ...
The Human Development Index (HDI) is a summary index assessing countries on 3 dimensions, health, education and standard of living using life expectancy at birth, expected years of schooling for children and mean years of schooling for adults, and GNI PPP per capita. The final HDI is a value between 0 and 1 with countries grouped into four ...
As of 2022, the Bangsamoro Autonomous Region in Muslim Mindanao has the highest incidence of poverty in the country at 37.2% while Metro Manila has the lowest at 3.5%. [13] [14] Children in the Philippines are particularly vulnerable to the effects of poverty and suffer high rates of mortality for those below 5 years old. [15]