Bloom store in Accokeek, Maryland. Bloom was a chain of mid-grade North American grocery stores operated by Food Lion, originally established in 2004. The parent company of Food Lion, The Delhaize Group, announced in January 2012 that it was discontinuing the Bloom brand.
That gives you the answer-the world's average salary is $1,480 (Â£928) a month, which is just less than $18,000 (Â£11,291) a year. But these dollars are not normal US dollars. The economists use specially adjusted exchange rates-the average salary is calculated in Purchasing Power Parity (PPP) dollars.
Once they have the total wage bill for each country, they add them all together and divide by the total number of earners in the world. That gives you the answer-the world's average salary is $1,480 (Â£928) a month, which is just less than $18,000 (Â£11,291) a year. But these dollars are not normal US dollars.