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10. Netherlands $29,269 per year

Average annual income is at $47,056, though compulsory deductions were a high 37.8 percent.

isposa!le income level dropped !y $544. "oodstu##s, electrical goods, tourism, machinery and

chemicals dominate its economy. t has the largest port in %urope in &otterdam and its location is

strategically placed near the %nglish and 'erman mar(ets.

9. South Korea $31,051 per year

)outh *orea is the highest country #rom Asia in the list. t had one o# the #astest growing economies in

the world #rom the early +60s to the latter part o# the +0s. it is the si-th largest e-porter and tenth

largest importer in the world, underlying the #act that the country is heavily dependent on

international trade. t is also the #i#th largest producer o# nuclear power as it accounts #or 45 percent

o# its electricity. t is also !ecoming an e-porter o# nuclear reactors. Average income is at $35,406 per

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year, with a compulsory deduction o# only +.3 percent. isposa!le income has increased steadily ove

the past year, rising !y $+,34+.

8. Norway $31,101 per year

/orway runs a capitalist wel#are state. t is rich in resources li(e oil, hydropower, #ish, #orests and

minerals. t also has a #ree and e##icient pu!lic health care system. he government owns a signi#icant

sta(e in most o# the country1s (ey sectors. t also !oasts o# a low unemployment rate and high

productivity !y its wor(ers. he average annual gross income stands at $43,0. here is a

compulsory deduction e2uivalent to .3 percent however. he disposa!le income level represents an

increase o# $+3 #rom the #igures o# the previous year.

7. anada $32,662 per year

t is one o# the #ew developed nations in the world that is actually a net e-porter o# energy. t has vast

oil and gas resources. il sands have also made anada the owner o# the second largest proven oil

reserves in the world, ust a#ter )audi Ara!ia. t is also a maor producer o# minerals and agricultural

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products, #rom inc, uranium, gold, nic(el, aluminum and lead to wheat, canola and other (inds o#

grains. Annual income is at $4,53, with a .7 percent compulsory deduction. ts disposa!le income

level went down !y $648 #rom the previous year.

6. !n"ted K"n#do $33,513 per year

he service industry accounts #or a little less than 75 percent o# the country1s gross domestic product.

ourism is another important sector as the country is the si-th !iggest tourist destination. ts capital,ondon, is the city that has the most num!er o# visitors in the world. t is also the largest #inancial

center in the world outside o# /ew or(. n addition, %din!urgh in )cotland is also a #inancial center

o# %urope. Average annual gross income is at $44,743, with compulsory deduction o# 5.+ percent. ts

disposa!le income level su##ered a huge drop o# $+,7 #rom the previous year1s num!ers.

5. %ustral"a $3&,952 per year

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Australia has !een emphasiing e-porting commodities rather than manu#actured goods #or the past

ten years. his has resulted in a signi#icant uptic( in the country1s !alance o# trade. ts citiens earn an

annual gross income o# $44.83, with a .3 percent compulsory deduction. ts disposa!le income

has increased !y more than $800 #rom the #igure o# the previous year. Australia has indeed !een

advancing #air.

&. Sw"t'erland $35,&71 per year

he country has a vi!rant manu#acturing sector #eaturing health and pharmaceutical goods, specialist

chemicals, precision measuring instruments and musical instruments. ts economy also counts on

!an(ing, insurance, tourism and international organiations. 'ross annual income stands at $50,4,

with compulsory deductions e2uivalent to .4 percent. isposa!le income level dropped !y more

than $50 dollars #rom the previous year.

3. (u)e*our# $37,997 per year

he !an(ing and #inance sectors account #or maority o# the country1s output. t is the second largest

investment #und center in the world, ran(ing second to the 9nited )tates. nternet companies li(e

)(ype and Amaon have their regional head2uarters in the country. :hile it used to have a vi!rant

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steel industry, chemicals, ru!!ers and other products have now replaced this. 'ross income is actually

at $5,847, higher than that o# reland. u-em!ourg, however, imposes a 8.+ percent compulsory

deduction. ts disposa!le income level actually dropped !y almost $+,500 #rom the previous year1s

#igures.

2. +reland $&1,170 per year

rish eyes are pro!a!ly smiling !ecause o# this. he country has a (nowledge;!ased economy with

#ocus on high technology services and industries. t has a highly educated wor(#orce and a low

corporate ta- rate. hey have the second highest disposa!le income in the world at $4+,+70 per year.

he gross income actually stands at $50,764. ompulsory deductions, however, stand at only +8.

percent, one o# the lowest in %urope and the second lowest among the top +0 countries. hedisposa!le income level increased !y $53+ #rom the previous year.

1. !n"ted States $&2,050 per year

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he 9nited )tates is the most power#ul country in the world. t has a capitalist;#ueled mi-ed economy.

t has !een !lessed with a!undant natural resources and complimented !y a highly developed

in#rastructure and productivity. t is the largest importer o# goods in the world and the second largest

e-porter as well. ts citiens also have the highest disposa!le income o# anyone in this earth. he gross

income o# its wor(ers actually stands at $54,450. A#ter accounting #or compulsory deductions

e2uivalent to .8 percent, Americans get to have a disposa!le income o# $4,050. hat represents a

$4 increase #rom the last availa!le #igure.