GITNUX MARKETDATA REPORT 2024

Income Reporting Period Statistics

Income Reporting Period Statistics provide a summary of income data over a specific time frame, including measures such as average income, total income, and income distribution.

In this post, we will explore a diverse range of statistics related to income and household finances from various countries around the world. From savings habits to gig economy trends, median incomes, and income inequality measures, these statistics offer a comprehensive glimpse into the economic landscape across different regions. Whether it’s the average annual income in India or the household disposable income in France, each statistic sheds light on the varying financial circumstances experienced by individuals and households globally. Explore the numbers and insights to gain a deeper understanding of income dynamics on a global scale.

Statistic 1

"19% of workers with multiple income streams do not have enough money saved for a $400 emergency."

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Statistic 2

"61% of individuals reported some amount of gig income in 2019 in the USA."

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Statistic 3

"73.5% of households reported employment income as their main source of income in Canada in 2019."

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Statistic 4

"In the UK, the median income for full-time employees was £31,461 for the tax year ending 2021."

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Statistic 5

"The 5-year annual growth rate for personal income was 3.9% in the US in 2020."

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Statistic 6

"In Australia, 5.6% of household disposable income is negative, suggesting they are over-indebted."

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Statistic 7

"In 2019, the median household income in the US was $68,703."

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Statistic 8

"The global minimum average income in 2021 was around $1,225 annually or about $102 monthly."

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Statistic 9

"The average global income is about $18,000 annually in 2020, according to the World Bank."

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Statistic 10

"About 14% percent of households in the US had income below $15,000 in 2019."

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Statistic 11

"At the end of 2020, 36% of households in Spain had difficulties reaching the end of the month."

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Statistic 12

"The Gini Coefficient, a measure of income inequality, was 0.435 in China in 2020."

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Statistic 13

"In Germany, the average gross monthly earnings in 2020 was 3,975 euros."

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Statistic 14

"In 2019, about 78.5 million people in the United States had a gig economy job."

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Statistic 15

"58.7% of workers worldwide are in informal employment, typically receiving income irregularly or on a daily basis."

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Statistic 16

"The average annual income in India was around $2,130 in 2020."

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Statistic 17

"In Mexico, the highest income decile earns about 35.9% of the country's total income."

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Statistic 18

"Household disposable income in France increased by 0.7% in the fourth quarter of 2020"

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Statistic 19

"The average monthly income in Russia was approximately 51,100 RUB in 2020."

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Statistic 20

"The net-adjusted disposable income per capita in Norway is USD 35,725 a year."

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In conclusion, the statistics presented offer a comprehensive insight into the diverse landscape of income distribution and financial challenges across various countries. While some regions exhibit concerning levels of financial vulnerability, such as a significant percentage of workers lacking emergency savings or experiencing negative household disposable income, others demonstrate steady growth and relative stability in income metrics. Income disparities are evident across different nations, highlighted by differences in median incomes, gig economy prevalence, and income inequality measures. These statistics underscore the significance of understanding and addressing the nuances of income trends and financial well-being on a global scale.

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