answersLogoWhite

0

Some 5 %. But keep in mind that the equivalent of $ 50,000 would make you a middle-income earner in only the wealthiest Western countries such as the USA, but a top-income earner in all Third World countries. And even in many Western countries the average income is well below $ 50,000.

It also has everything to do with a country's standards and cost of living. In many countries - certainly in the Third World - you can get by very nicely, with servants and all, on $ 20,000 a year or even less.

User Avatar

Wiki User

7y ago

What else can I help you with?