What are income brackets in El Salvador?

Legal y Financiero hace 1sem 8 answers • Trevor L

I've been thinking about the income brackets in El Salvador and I've come to realize that people have different ideas about what constitutes a low-income, middle-income, or high-income family. I've made a rough table to reference

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5 Answers · 3 replies

lydia_bram • hace 1sem

You're missing the oligarchy, mixing it with people who earn 5K is laughable. The level at which this elite lives is unimaginable to us. The capital they manage is incomprehensible to us ordinary folk.

Trevor L OP • hace 1sem

I think it's a mix of inheritance and probably incomes from 25K.

Alexei B • hace 1sem

18% of the national income is accumulated by the 1% of the population, while 60% of the population barely makes it to the 10%. In this country, there are only rich and poor, and the poor make up almost the entire population.

Femke • hace 1sem

People who earn 5K are middle class, they can't afford domestic employees because most of them are in debt, either for a car or a house.

oscar • hace 1sem

$5000 is not high-income, the high-income class has servants, drivers, chefs, and security.

Trevor L OP • hace 1sem

I'm referring mainly to the working-class people.

oscar • hace 1sem

You're overlooking the economic disparities in El Salvador, where the wealthy elite dominate the business landscape. The capital city is home to numerous high-end establishments, such as shopping malls, restaurants, and supermarkets, which are largely controlled by a small group of influential individuals.

Yulia Sokolov • hace 1sem

The classification should be: extremely impoverished, impoverished, poor, lower-middle class, middle class.

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