Are you rich or poor? Ask this global salary calculator

YOU might know roughly how your salary compares with the rest of Australia, but have you ever wondered where you rank globally?

This online calculator, created by UK aid group Care International, will tell you exactly where you sit in comparison to the rest of the world.

The calculator combines the most recent salary data from the World Bank, currency conversion using purchasing power parity dollars, and a statistical model to estimate the user's rank.

For example, a person on the "average" Australian salary of $81,947 - converted to $US60,639 for the calculator - would be the 11,104,998th richest person on earth by income, ranking in the top 0.19 per cent.

That means you're making $US31.58 ($42.68) an hour, compared to a factory worker in Ethiopia who can make just 23 US cents in the same time.

The calculator, created by advertising agency Poke, points out that one hour of your salary could "purify enough water to last a child for 105 days", "pay for eight long-lasting mosquito nets in South Sudan", or "pay for a trained midwife to deliver three babies safely".

"Even in this era of austerity, we're still as obsessed with wealth (or our apparent lack of it) as ever," Poke writes. "But while we may not all be oil barons or oligarchs, the vast majority of us are better off than we realise.

"We wanted to help people to see this more clearly, and developed this special version of the Global Rich List for Care International's Life2Live campaign, to help raise some much-needed funds for a humanitarian charity that's fighting global poverty."

Find out how rich you are HERE.

News Corp Australia

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