Home / Articles / Top 10 Countries With The Highest Spending Power

Top 10 Countries With The Highest Spending Power

Prev1 of 5
Use your ← → (arrow) keys to browse

If you want to know which countries have the highest average household incomes you have to take a look at their GDP per capita. This is basically taking the nations economy and distributing it with the population of the country. Countries with a large economy and a relatively small population has residents with very high spending power and high average annual household incomes.

Here is a list of countries with households with very high spending power

10. Ireland – GDP per capita: $53,300

ireland

It is regarded as one of the wealthiest nations in Europe with high dependance on the tech and service industry. The average gross monthly salary here stand at $3,500 or $42,000 annually. The GDP annual growth is around 5% which is high for a developed country.

 

9. United States of America – GDP per capita: $55,000

new york

This is one of the largest economies in the world despite its very high population. The GDP is at $17.4 trillion which is 17% of global GDP. The population stands at around 321 million people and the average American earns an average of $56,300 annually. This is higher than most people in the world. The tech and service industry in America is booming. Unemployment in the country is just 5.4%

CONTINUE ON NEXT PAGE BELOW

CLICK HERE to follow us on Instagram so as to get Story updates on published posts.
CLICK HERE To Follow Us on Twitter for Live Updates on Twitter
CLICK HERE to Follow Our Page on Facebook to get live updates on published post
Prev1 of 5
Use your ← → (arrow) keys to browse

Related Posts Plugin for WordPress, Blogger...

Comments

comments

Check Also

What is your Lagos story

What Is Your Lagos Story?

“What is your Lagos story?” Which Nollywood sound track did that play in your ears? …

Share Your Comments on This Post Here

%d bloggers like this: