Check your global ranking in the rich list

According to a new online calculator, an individual earning the average Australian annual salary is among the top 0.2 per cent top earners in the world.

Australian currency

Australian currency Source: AAP

While many people in Australia rue the slow wage growth that employees have seen over the past few years, we are still among the richest 1 per cent of the world.

A new calculator developed by UK aid group Care International gives you a sense of where you sit in terms of the wages you earn.

The calculator gives out your global rank based on your annual salary.

According to the calculation by this calculator, an individual earning $78,832 (USD 58,438) is among the top 0.2 per cent earners of the world and is the 12,265,387th richest person on the earth by the salary he earns.

A person earning $40,000 in a year would be among the top 1.27 per cent earners in the world and ranks 75,902,469 out of over 6 billion people on the earth in terms of the salary earned.
In Australia, the average full-time male salary was $83,902 per annum last year.

And the average full-time female salary in Australia was $70,392 per annum.

The real motive behind this calculator seems to be to encourage people in the rich countries to donate money to help the countries that aren’t as fortunate.

“In 1 hour you make $30.44. Meanwhile, a factory worker in Ethiopia can make just $0.23 in the same time,” the calculator page mentions.

It also points out that many children are dying due to lack of clean drinking water.

“Dirty water kills a child every minute. An hour of your salary can purify enough water to last a child for 101 days. You could help provide water purification sachets which make dirty water safe to drink, giving children a life to live.”

“Every 60 seconds a child dies from Malaria. An hour of your salary could pay for 8 long-lasting insecticidal nets in South Sudan. Each net we distribute can protect a child, giving them a life to live.”

“You can give babies the chance of a life to live from the moment they're born. An hour of your salary could pay for a trained midwife to deliver 3 babies safely.”

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2 min read

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Updated

By Shamsher Kainth

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