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

private jet

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  • 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

New Delhi, India.
AP Photo/Altaf Qadri

The average income in India is $2,020.

China: $107,000

Beijing, China.
HelloRF Zcool/Shutterstock

The average income in China is $9,470.

Brazil: $176,000

Rio de Janeiro, Brazil.
dabldy/iStock

The average income in Brazil is $9,140.

South Africa: $188,000

Johannesburg, South Africa.
Reuters

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

Canada: $201,000

Vancouver, Canada.
Shutterstock

The average income in Canada is $44,860.

Australia: $246,000

Sydney, Australia.
Klaus Hollitzer/iStock

The average income in Australia is $53,190.

Germany: $277,000

Berlin, Germany.
Sean Pavone / Shutterstock

The average income in Germany is $47,450.

Bahrain: $485,000

Manama, Bahrain.
Getty/Husain Abbas

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

United States: $488,000

New York, United States.
Drew Angerer/Getty Images

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

Singapore: $722,000

Singapore.
Prasit Rodphan/Shutterstock

The average income in Singapore is $58,770.

United Arab Emirates: $922,000

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

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

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