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income inequality
Business / 15 weeks ago
Countries richer than the global average
Although the global average for GDP per capita at purchasing power parity (PPP) is estimated at roughly $24,250 in both 2024 and 2025, there are a few nations that surprisingly exceed the global average. According to the latest estimates from the International Monetary Fund (IMF) and the World Bank, countries exceeding the global PPP average span several regions.
Business / 17 weeks ago
World leaders' annual salaries show vast global disparities
A new report from the World Population Review unveils eye-opening figures about the annual salaries of heads of state across 40 selected countries. The data provides insight into how national leaders are compensated and how that compensation compares to their countries' economic realities. At the top of the chart, Saudi Arabia’s head of state stands out with a huge $9.6 billion annual salary. Not far behind is the United Arab Emirates (UAE) at $4.61 billion, followed by Kuwait with $165 million and Monaco at $52 million. These figures, mostly from oil-rich monarchies or high-net-worth microstates, dwarf the salaries of leaders in Western democracies.
