How much money you have to make to be in the top 1% in different countries around the world

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Scott Olson/Getty Images
  • The income needed to join the top 1% of earners varies greatly from country to country.
  • According to a list compiled by Bloomberg, it takes about $488,000 to be in the top 1% in the United States, but it takes about half that to join the top 1% in Australia.
  • Here’s a ranking of how much you need to earn to join the top 1% in countries around the world, and what the average incomes in those countries are, according to a list compiled by Business Insider.
  • Visit Business Insider’s homepage for more stories.

From India to Australia to the United States, the income needed to join the top 1% varies greatly from country to country.

According to new data from the World Inequality Database and Statistics Canada compiled by Bloomberg’s Ben Steverman and Reade Pickert, it takes about $488,000 to be in the top 1% in the United States, but it takes about half that to join the top 1% in Australia.

Here’s a ranking of how much you need to earn to join the top 1% in countries around the world, as well as what the average incomes in those countries are, according to a list compiled by Business Insider from World Data.


India: $77,000

The average income in India is $2,020.


China: $107,000

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Beijing, China.
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HelloRF Zcool/Shutterstock

The average income in China is $9,470.


Italy: $169,000

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Rome, Italy.
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Luciano Mortula/Shutterstock

The average income in Italy is $33,560.


Brazil: $176,000

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Rio de Janeiro, Brazil.
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dabldy/iStock

The average income in Brazil is $9,140.


South Africa: $188,000

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Johannesburg, South Africa.
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Reuters

The average income in South Africa is $5,750.


Canada: $201,000

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Vancouver, Canada.
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Shutterstock

The average income in Canada is $44,860.


France: $221,000

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Paris, France.
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LP2 Studio/Shutterstock

The average income in France is $41,070.


Australia: $246,000

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Sydney, Australia.
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Klaus Hollitzer/iStock

The average income in Australia is $53,190.


United Kingdom: $248,000

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London, England.
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ESB Professional/shutterstock

The average income in the United Kingdom is $41,330.


Germany: $277,000

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Berlin, Germany.
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Sean Pavone / Shutterstock

The average income in Germany is $47,450.


Bahrain: $485,000

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Manama, Bahrain.
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Getty/Husain Abbas

The average income in Bahrain is $47,436, according to Salary Explorer.


United States: $488,000

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New York, United States.
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Drew Angerer/Getty Images

The average income in the United States is $62,850.


Singapore: $722,000

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Singapore.
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Prasit Rodphan/Shutterstock

The average income in Singapore is $58,770.


United Arab Emirates: $922,000

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Dubai, United Arab Emirates.
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Zhukov Oleg / Shutterstock.com

The average income in the United Arab Emirates is $40,880.