The survey results shed light on the average monthly income of respondents from four different countries: Ghana, Kenya, Nigeria, and Uganda. The data reveals stark income disparities, with a significant percentage of people earning below the reported average in each country. This analysis dives deeper into the numbers to provide a clearer understanding of the financial landscape in these regions


Earn below the average.
At or above the average.
Respondents in Nigeria reported an average monthly income of NGN 368,629.88 (around USD 470), but like the other countries surveyed, a substantial 74.15% of respondents earn below this amount. This means that nearly three-quarters of the Nigerian respondents fall short of the reported average income, while 25.85% earn at or above the average.
The data shows that while the average income of NGN 368,629.88 may appear substantial compared to the other countries, it doesn't reflect the earnings of most Nigerians. The fact that over 74% of respondents earn less than this indicates that for the majority, day-to-day expenses take up a large proportion of their income, leaving little room for savings or investment.

Earn below the average.
At or above the average.
In Kenya, the survey data shows that the average income of respondents is KES 47,231.54 (approximately USD 321). However, much like Ghana, the majority of Kenyans surveyed (about 86.07%) earn below this average monthly income. Only 13.93% of respondents earn at or above this figure, which further underscores the income disparity in Kenya.
These figures highlight that the average monthly income is not reflective of the broader population. The overwhelming majority, 86%, earn below this benchmark, painting a picture of financial struggle for many households. Despite this, the 13.93% of respondents earning at or above the average are likely in a better financial position, allowing for greater financial security and savings potential.

Earn below the average.
At or above the average.
In Uganda, the survey found that the average monthly income is UGX 652,975.51 (about USD 174). Of the Ugandan respondents, 71.43% earn below this figure, meaning that only 26.53% of the population earn at or above the average income.
Similar to the trends observed in the other countries, the average monthly income does not fully represent the reality for most Ugandans. More than 7 out of 10 people earn less than the reported average, which suggests that a significant portion of the population faces financial challenges in trying to meet basic needs.

Earn below the average.
At or above the average.
Based on the survey, the average monthly income of respondents in Ghana is GHS 4,529.44 (approximately USD 287.62). However, this figure does not fully represent the financial situation of the majority of Ghanaians, as 89.84% of respondents reported earning below this amount. This means that nearly 9 out of 10 Ghanaians in the survey earn less than the reported average, indicating a high concentration of lower-income earners. Only 10.16% of respondents earn at or above this average monthly income, reflecting the income inequality in the country.
While the average income seems relatively reasonable on the surface, the fact that almost 90% of respondents fall below this threshold shows that most households may struggle with meeting financial demands, despite the reported average income.