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Comparing Median Incomes of Bangladesh, India and Pakistan

From the Blog riazhaqPakistan's per capita median income is $73.26 per month in terms of 2005 PPP (purchasing poverty parity) US dollars as of 2010. It is higher than India's $60.48 and Bangladesh's $51.67 per capita per month, according to the World Bank. Source: World Bank Median income is the amount that divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount. Mean income (average) is the amount obtained by dividing the total aggregate income of a country by the number of people in that country. A country's median income is a better indicator than the average income to gauge how a population is faring economically. Median income also helps assess the size of the middle class in India, Pakistan and Bangladesh based on pakistanblogs.blogspot.comRead Full PostComments

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