When I took at look at the data I was a bit surprised. We hear a lot about the US being the richest country in the world, but the data was a shock. Using a global measure, it’s not hard to be wealthy.
These figures come from global income distribution analyses and calculators using World Bank and UN data. Net worth Based on the latest global income and wealth distribution data, the approximate cutoffs for the 50th, 75th, and 90th percentiles are: 50th percentile (median global income): ≈ $3,000–$4,000 per year (PPP‑adjusted).• Half the world lives on less than this.
75th percentile: ≈ $15,000–$20,000 per year.• Being above $20k puts you ahead of ~75% of humanity. 90th percentile: ≈ $35,000–$45,000 per year.• Around $40,000 places you in the global top 10%.
A typical U.S. income (~$60k–$70k) is top 5% globally. Based on the UBS/Credit Suisse Global Wealth Report and global wealth percentile calculators. 50th percentile (median global wealth): ≈ $8,700 net worth.• Half of adults worldwide have less than this.
75th percentile: ≈ $60,000–$100,000 net worth.• Example: $100k ≈ 75th percentile globally.
90th percentile: ≈ $175,000 net worth.• This is the threshold for the global top 10%. On a US basis $175,000 net worth puts you near the 50th percentile, but there are wide variations by state
As Joey used to say, how you doin?
The post How well off are Americans compared to the rest of the world? Fun facts. appeared first on HumbleDollar.
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