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Economy Statistics > Population below median income (most recent) by country

VIEW DATA:   Totals   Per $ GDP  
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Showing latest available data.
Rank   Countries  Amount 
# 1     Mexico: 22.1 
# 2     Russia: 20.1 
# 3     United States: 17 
# 4     Australia: 14.3 
# 5     Italy: 14.2 
# 6     Israel: 13.5 
# 7     Canada: 12.8 
# 8     United Kingdom: 12.5 
= 9     Estonia: 12.3 
= 9     Ireland: 12.3 
# 11     Japan: 11.8 
# 12     Austria: 10.6 
# 13     Spain: 10.1 
# 14     Switzerland: 9.3 
# 15     Denmark: 9.2 
# 16     Poland: 8.6 
# 17     Slovenia: 8.2 
# 18     Netherlands: 8.1 
= 19     France: 8 
= 19     Belgium: 8 
# 21     Germany: 7.5 
# 22     Norway: 6.9 
# 23     Hungary: 6.7 
# 24     Sweden: 6.6 
# 25     Finland: 5.4 
# 26     Czech Republic: 4.9 
# 27     Luxembourg: 3.9 
# 28     Slovakia: 2.1 
Weighted average: 10.3  


DEFINITION: Population living below 50% of median income (%)

SOURCE: IMD International

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CITATION

"Population below median income by country", IMD International. Retrieved from http://www.NationMaster.com/graph/eco_pop_bel_med_inc-economy-population-below-median-income

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COMMENTARY     

dylbert
18th February 2011 		Has anyone else found these specific figures on the the IMD.org website? Or anywhere else for that matter?
Jim Valentine
4th January 2011 		The [population] "Weighted Average" of 10.3% is miscalculated.Someone simply added the 28 percentage figures listed respectively for the 28 countries and divided the total by 28 (countries).

Before calculating a POPULATION WEIGHTED AVERAGE, you must first reference the CURRENT SPECIFIC POPULATION for each country. Calculate the NUMBER OF PEOPLE in each country living below 50% of median income and the NUMBER OF PEOPLE living above 50% of median income based on CURRENT COUNTRY-SPECIFIC POPULATION. Total the NUMBER OF PEOPLE who fall into the "BELOW" and the "ABOVE" categories for all 28 countries. Divide the BELOW 50% OF MEDIAN INCOME 28-COUNTRY TOTAL by the ABOVE 50% OF MEDIAN INCOME 28-COUNTRY TOTAL to obtain the POPULATION WEIGHTED AVERAGE PERCENT UNDER 50% OF MEDIAN INCOME.
qudaniel
2nd March 2010 		Does the US figure include all residents - those with citizenship, legal immigration status, AND illegal immigration status? If so, inclusion of illegal immigration status will skew the number south.
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