[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]According to a recent study published by Picodi.com and Numbeo, it takes approximately 621 years and three months for a common Pakistani earning an average monthly salary to reach the $1 million mark.
The average monthly net wage is based on Numbeo data from April 2022, while the currency exchange rate is based on Google Finance data from March 2023.
According to Picodi.com and Numbeo data, the average net salary in Pakistan is Rs 37,628 ($134) per month, implying that it would take an average worker 621 years and three months to earn a million dollars.
It is important to note that the figure may change depending on inflation, exchange rate volatility, and changes in the average monthly net salary.
Also Read: Impacts of climate change in Pakistan and a Hurried Call to Action
The analysts looked at 102 countries worldwide, and Swiss citizens were found to be the fastest to earn a million dollars in just 14 years and three months. Switzerland is followed by Singapore, where an average citizen can earn a million dollars in 16 years and 11 months.
Meanwhile, Chinese nationals earning an average monthly wage can earn their first million dollars in 78 years and nine months, which is significantly longer than China’s economic competitor, the United States, whose citizens need only 19 years and 10 months.
India, Pakistan’s archrival, has an average monthly salary of INR 46,188 ($562), and it takes their citizens 148 years and five months to reach the $1 million mark.
Here is a list of the top ten countries where citizens need the fewest years to earn a million dollars:
Below is the list of the bottom ten countries whose citizens require centuries to earn $1 million:
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