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List of countries by average wage

From Wikipedia, the free encyclopedia

Theaverage wage is a measure of total income divided by total number of employees employed. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). This is not to be confused with theaverage income which is a measure of total income including wage, investment benefit, and other capital gains divided by total number of people in the population including non-working residents. Average wages can differ from median wages; for example, theSocial Security Administration estimated that the 2023 average net wage in the United States was $63,932, while the 2023 median net wage was $43,222.[1]

OECD statistics

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TheOECD (Organization for Economic Co-operation and Development) dataset contains data on average annual wages for full-time and full-year equivalent employees in the total economy. Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.

*Indicates "Economy of [country or territory]"links.

Development of average annual wages 2000–2024 (USD PPP 2023)[2]
Country2024202020102000
 Luxembourg *94,44785,93281,74073,914
 Iceland *89,94782,71364,06167,326
 Switzerland *87,46883,15580,82372,386
 United States *82,93382,78371,43964,928
 Belgium *76,10972,79372,29969,597
 Austria *75,76774,35372,10466,028
 Netherlands *75,37080,22779,44172,085
 Norway *74,86474,38967,46251,727
 Denmark *74,02273,12567,45257,500
 Australia *70,76371,91566,70657,807
 Germany *69,43369,75161,16859,354
 Canada *69,41769,66362,42255,366
 United Kingdom *63,69162,43361,22452,593
 New Zealand *62,43759,98251,73342,401
 Slovenia *61,77655,72649,25938,154
 France *60,60858,59157,86750,645
 Ireland *60,43165,33364,33645,898
 Sweden *59,05860,78353,78844,677
 Finland *59,59760,04358,35150,356
 Israel *54,73651,65946,05049,340
 Spain *54,56453,46356,13851,905
 Lithuania *52,89849,47431,75819,105
 Italy *51,01951,01654,92452,237
 South Korea *50,94752,29943,02634,917
 Japan *49,44650,71249,37550,109
 Latvia *45,56738,61125,76815,604
 Poland *44,21142,61032,06827,136
 Portugal *40,00237,66137,76737,274
 Estonia *38,97539,45827,81916,215
 Czech Republic *38,48936,88831,70122,210
 Slovakia *36,10535,74829,92121,644
 Hungary *34,99630,82226,80220,063
 Greece *32,25731,97640,93334,402
 Mexico *20,43319,80119,31620,612

UNECE statistics

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World map
World map of average monthly wage per UNECE statistics
  •   ≥ $7,000
  •   $6,000–$7,000
  •   $5,000–$6,000
  •   $4,000–$5,000
  •   $3,000–$4,000
  •   $2,000–$3,000
  •   $1,500–$2,000
  •   $1,250–$1,500
  •   $1,000–$1,250
  •   $750–$1,000
  •   $500–$750
  •   $250–$500
  •   < $250
  •   Data unavailable

The gross average monthly wage estimates for 2023 are computed by converting national currency figures from theUnited Nations Economic Commission for Europe (UNECE) Statistical Database, compiled from national and international (the CIS,Eurostat, the OECD) official sources. Wages in U.S. dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars.

Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. They include wages and salaries, remuneration for time not worked, bonuses and gratuities paid by the employer to the employee. Wages cover the total economy and are expressed perfull-time equivalent employee.[3]

*Indicates "Economy of [country or territory]"links.

List of countries by gross average monthly wages
(USD, at current exchange rates)[4]
CountryGross Average
Monthly Wage[4]		Year
 Switzerland *9,1652024
 Luxembourg *7,5362024
 Iceland *7,1322024
 United States *6,9112024
 Denmark *6,3612024
 Norway *5,5782024
 Belgium *5,3272024
 Netherlands *5,2512024
 Austria *5,1362024
 Canada *5,0572024
 Ireland *5,0122024
 United Kingdom *4,7722024
 Germany *4,5312024
 Finland *4,4192024
 Sweden *4,1772024
 France *4,0492024
 Israel *3,6372024
 Slovenia *3,3472024
 Italy *2,9882024
 Spain *2,9792024
 Andorra *2,7812024
 Cyprus *2,6902024
 Lithuania *2,5922024
 Estonia *2,1432024
 Malta *2,1172024
 Portugal *2,0892024
 Czech Republic *2,0442024
 Croatia *1,9702024
 Poland *1,9182024
 Romania *1,8502024
 Slovakia *1,8372024
 Latvia *1,8232024
 Greece *1,6652024
 Hungary *1,5452024
 Turkey *1,3622023
 Bulgaria *1,2852024
 Serbia *1,2512024
 Bosnia and Herzegovina *1,1832024
 Montenegro *1,1722024
 North Macedonia *1,0902024
 Russia *9362013
 Kazakhstan *8652024
 Albania *8322024
 Moldova *7832024
 Georgia *7572024
 Armenia *7312024
 Belarus *7002024
 Azerbaijan *5492023
 Ukraine *5352024
 Kyrgyzstan *4292024
 Turkmenistan *4012017
 Uzbekistan *3482024
 Tajikistan *2142024

See also

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References

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  1. ^"Average wages, median wages, and wage dispersion".
  2. ^"OECD.Stat: Average annual wages"
  3. ^"Gross Average Monthly Wages by Country and Year (2020)".UNECE. Retrieved24 August 2016.
  4. ^ab"Gross Average Monthly Wages by Country and Year",UNECE.org

External links

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Economic classification of countries
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