If calculating the selling price above the average annual salary, Vietnamese people will have to spend nearly 50% of their salary to be able to own an iPhone 14, the 8th highest in the world.
According to CompareDial ‘s statistics , Nigeria is the country where people have to spend the most (percentage of salary) to buy an iPhone 14. People here have to spend 69.12% of their total annual income. them to be able to buy a standard 128 GB desk iPhone 14.
This is equivalent to 178.71 days or 1,437.67 working hours.
The price of iPhone 14 calculated as a percentage of salary in Vietnam is the 8th highest in the world.
In terms of price, Nigeria is also home to the third most expensive iPhone 14 in the world, with the price of the standard version at $1,571.57 after tax. The most expensive version, iPhone 14 Pro Max 1 TB, costs 3,031.29 USD – equivalent to 133.32% of people’s salary in a year here. The annual salary of Nigerians is 2,273.72 USD, Figures are taken from World Bank data as well as government data. Hours and working days are calculated by working shifts of 8 hours, 5 days/week.
Looking at this list, it can be seen that Vietnam is in the top 8 countries where people have to spend the most money (over % of salary) to buy iPhone 14, just after Nigeria, Kenya, Bangladesh, Egypt, Tunisia, Morocco and Armenia.
Vietnamese people have to spend about 45.86% of the average salary in a year to be able to own an iPhone 14. In some other countries in Southeast Asia, people also have to spend a lot of money. (above average annual income) to buy the latest Apple iPhone, for example, Indonesia is 39.65%, Philippines is 34.74%.
Meanwhile, Thai people will only have to spend about 17.5% of their annual income to buy iPhone 14, while Malaysians will have to spend 13.9%. With a very high average income, Singaporeans only have to spend about 2.4% of their annual income to buy an iPhone 14.
According to this list, Luxembourg is the place where people have to deduct the lowest income to buy iPhone 14, corresponding to 1.61%. Next is Switzerland (1.67%). USA (1.84%) and Norway (2.28%).
With low taxes and one of the highest average salaries in the world, it’s not surprising that Luxembourg tops this list. With a selling price of $985.22 for the 128GB iPhone 14, Luxembourg is home to the 16th lowest iPhone price in the world.
Meanwhile, the place with the highest iPhone selling price is Turkey. A standard iPhone 14 sells for $1,699.8 here. Compared to the previous generation, the iPhone selling price here has increased by 158.35%.
Meanwhile, the place with the cheapest iPhone prices belongs to Japan, China and the US with prices of $831.43, $862.22 and $881.64, respectively.