You can now see the performance of your Adsense ads per country. From your Performance Report Tab, click 'Country' on the left-hand side navigation panel. Adsense will then show the earnings you get per country.
Historical data is not available though. You can only start showing earnings starting March 22, 2011.
[Source] [note: the screenshot above is not mine, but from the Adsense blog post.]
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