List of countries by average wage

The average wage is a measure of total income after taxes divided by total number of employees employed. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP).

The wage distribution is right-skewed; the majority of people earn less than the average wage. For an alternative measure, the median household income uses median instead of average.

OECD statistics

The OECD (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.

Average wages are converted in US dollar nominal using 2013 US dollar nominal for private consumption and are deflated by a price deflator for private final consumption expenditures in 2013 prices. The OECD is a weighted average based on dependent employment weights in 2013 for the countries shown.[1]

However, the amount of wage theft in each country due to different labor rights are not included in these statistics.[2]


Development of average annual wages 2000–2017 (US$ PPP)[3]

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
Country 2000 2005 2010 2011 2012 2013 2014 2015 2016 2017
 Luxembourg 53,337 55,564 59,860 58,817 58,486 58,813 59,928 61,975 62,091 63,062
  Switzerland 54,405 57,535 60,400 60,503 61,567 62,516 62,616 62,495 62,370 62,283
 Iceland 45,708 52,385 44,558 46,774 46,953 47,910 48,234 51,759 56,094 61,787
 United States 52,801 55,391 58,054 58,200 58,669 58,412 59,250 60,692 60,686 60,558
 Netherlands 47,695 49,939 53,023 52,668 52,781 52,808 52,602 53,171 53,295 52,877
 Denmark 41,713 45,783 49,424 49,148 40,024 49,424 50,369 51,126 51,826 51,466
 Norway 36,378 41,679 47,310 48,897 50,227 51,236 51,415 51,663 50,825 51,212
 Austria 45,188 46,963 49,316 48,809 49,047 49,120 49,299 49,965 50,330 50,349
 Belgium 47,950 48,688 48,941 49,382 49,715 50,363 50,583 50,249 50,041 49,675
 Australia 42,702 45,016 48,112 49,622 49,901 49,649 49,989 49,563 49,603 49,126
 Ireland 37,986 44,557 51,860 47,806 46,905 45,735 45,828 46,561 46,932 47,653
 Canada 38,467 40,585 44,336 45,016 46,059 46,937 47,453 47,673 47,370 47,622
 Germany 41,873 42,380 42,970 43,703 44,202 44,736 45,421 46,409 47,097 47,585
 France 36,341 38,983 41,548 41,472 41,759 41,986 42,403 42,731 43,221 43,755
 United Kingdom 38,110 42,630 44,521 43,370 43,105 43,154 42,782 43,152 43,713 43,732
 Finland 36,308 39,782 42,725 42,872 42,902 42,441 42,425 42,885 43,139 42,964
 Sweden 38,990 43,602 46,077 47,126 46,483 46,592 47,400 48,974 49,530 50,046
 Japan 40,986 40,687 40,667 41,567 40,839 40,791 40,049 40,004 40,681 40,863
 New Zealand 30,590 34,645 37,319 37,319 38,106 37,614 37,910 38,473 39,674 40,043
 South Korea 22,418 27,960 33,758 34,549 35,193 36,142 37,066 37,907 38,869 39,985
 Spain 36,327 36,322 40,018 39,451 38,328 38,416 38,422 39,339 39,196 38,507
 Italy 39,482 40,435 38,764 38,888 37,555 36,676 36,589 36,909 37,450 38,132
 Israel 29,024 29,025 32,783 33,752 33,922 34,717 35,344 35,449 36,143 36,720
 Slovenia 26,448 27,513 27,596 28,176 29,572 30,689 31,678 32,368 32,856 34,933
 Poland 20,148 20,794 23,608 23,610 23,402 23,669 24,151 24,680 25,879 27,046
 Greece 27,133 32,034 31,194 29,149 27,826 26,026 26,532 26,336 26,330 26,064
 Chile 19,588 21,557 24,078 24,220 24,980 25,651 25,958 25,748 26,219 25,879
 Czech Republic 15,805 20,415 22,388 22,541 22,528 22,290 22,257 23,381 24,331 25,373
 Portugal 26,383 26,310 26,927 26,287 25,151 25,668 25,217 25,164 25,362 25,367
 Estonia 12,248 16,771 20,561 19,715 20,532 20,824 21,971 22,840 23,935 24,336
 Slovakia 15,861 18,451 22,055 21,859 21,618 21,782 22,204 23,026 23,801 24,328
 Lithuania 9,544 13,469 17,530 18,345 18,854 19,608 20,393 21,417 22,562 24,287
 Latvia 10,642 14,425 17,601 16,988 17,699 18,546 19,783 21,587 22,726 23,683
 Hungary 15,874 21,562 21,323 21,309 20,568 20,613 20,470 19,929 20,825 22,576
 Mexico 15,056 16,325 15,321 15,458 15,193 15,196 15,172 15,481 15,407 15,314

UNECE statistics

Gross average monthly wage estimates for 2019 are computed by converting national currency figures from the UNECE (United Nations Economic Commission for Europe) Statistical Database, compiled from national and international (OECD, EUROSTAT, CIS) official sources. Wages in US dollars are computed by the UNECE Secretariat using nominal exchange rates.

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 per full-time equivalent employee.[4]




1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
Country Average
monthly
wage
  Switzerland$7,466
 Luxembourg$5,583
 Norway$5,418
 Denmark$5,310
 United States$4,893
 Australia$4,700
 Ireland$4,379
 Netherlands$4,289
 Canada$4,134
 Sweden$3,849
 United Kingdom$3,461
 Iceland$3,409
 France$3,374
 Austria$3,053
 Finland$2,858
 Germany$2,705
 Belgium$2,438
 Israel$2,405
 Greece$1,631
 Spain$1,578
 Portugal$1,513
 Italy$1,420
 Estonia$1,340
 Czech Republic$1,319
 Slovenia$1,285
 Lithuania$1,105
 Croatia$1,078
 Hungary$1,063
 Poland$1,040
 Slovakia$1,004
 Latvia$900
 Romania$766
 Serbia$625
 Bosnia and Herzegovina$603
 Bulgaria$594
 Montenegro$574
 North Macedonia$552
 Russia$509
 Albania$440
 Belarus$422
 Ukraine$418
 Turkey$396
 Moldova$366
 Armenia$329
 Georgia$293
 Azerbaijan$284

See also

References

  1. "Average annual wages, 2013 USD nominal and 2013 constant prices". OECD.StatExtracts, stats.oecd.org. Organization for Economic Co-operation and Development, OECD. 2016. Retrieved 2016-08-24.
  2. "Korea's wage theft over 10 times higher than Japan's". Kyunghyang Newspaper. 2016. Retrieved 2016-09-04.
  3. "Labour > Earnings > Average annual wages". OECD.
  4. "Gross Average Monthly Wages by Country and Year (2015)". UNECE. Retrieved 24 August 2016.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.