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).
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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]
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Average annual wages 2018 (US$)[3] 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 Country PPP Nominal Iceland 66,504 70,628 Luxembourg 65,449 69,895 Switzerland 64,109 90,127 United States 63,093 63,093 Denmark 55,253 64,229 Netherlands 54,262 51,313 Australia 53,349 52,261 Belgium 52,080 48,797 Norway 50,956 53,049 Austria 50,868 47,034 Sweden 50,569 41,748 Germany 49,813 43,847 Canada 48,849 46,781 Ireland 47,952 56,787 France 44,510 41,431 Finland 44,111 45,578 New Zealand 42,325 40,984 South Korea 40,856 30,469 Japan 40,573 40,329 United Kingdom 40,253 39,405 Spain 38,761 30,239 Italy 38,485 32,030 Slovenia 37,322 26,747 Israel 37,251 45,030 Poland 29,109 13,246 Chile 27,125 14,262 Czech Republic 26,962 15,212 Estonia 26,898 18,173 Greece 26,671 18,949 Lithuania 26,429 14,657 Latvia 25,586 15,930 Portugal 25,487 18,654 Slovakia 25,357 15,025 Hungary 24,455 11,546 Mexico 16,298 6,848 -
Average annual wages 2017 (US$)[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 PPP Nominal Luxembourg 63,062 71,710 Switzerland 62,283 88,159 Iceland 61,787 90,662 United States 60,558 60,558 Netherlands 52,877 52,705 Denmark 51,466 65,674 Norway 51,212 65,786 Austria 50,349 48,306 Sweden 50,046 47,783 Belgium 49,675 49,419 Australia 49,126 61,620 Ireland 47,653 53,112 Canada 47,622 50,033 Germany 47,585 44,466 France 43,755 42,410 United Kingdom 43,732 45,280 Finland 42,964 46,772 Japan 40,863 38,234 New Zealand 40,043 46,917 South Korea 39,985 31,390 Spain 38,507 31,635 Italy 38,132 32,931 Israel 36,720 42,378 Slovenia 34,933 26,713 Poland 27,046 13,431 Greece 26,064 19,542 Chile 25,879 18,645 Czech Republic 25,372 15,374 Portugal 25,367 19,210 Estonia 24,336 17,039 Slovakia 24,328 14,881 Lithuania 24,287 14,189 Latvia 23,683 15,412 Hungary 22,576 12,506 Mexico 15,314 8,593 -
Average annual wages 2016 (US$)[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 PPP Nominal Luxembourg 62,636 66,770 United States 60,154 60,154 Switzerland 60,124 85,718 Iceland 55,984 73,609 Norway 53,643 63,122 Netherlands 52,833 51,669 Denmark 52,580 64,310 Australia 52,063 59,538 Ireland 51,681 56,787 Belgium 49,587 47,674 Sweden 49,530 46,804 Canada 48,403 48,688 Austria 48,295 45,819 Germany 47,585 44,466 France 42,992 40,718 United Kingdom 42,835 46,252 Finland 42,127 45,584 New Zealand 39,397 44,636 Japan 39,113 39,089 South Korea 38,869 29,125 Italy 37,450 32,205 Spain 37,333 30,613 Israel 36,143 38,342 Slovenia 34,965 25,171 Estonia 28,621 15,726 Chile 28,434 18,157 Poland 25,921 12,154 Greece 25,124 19,189 Portugal 24,529 18,333 Czech Republic 23,722 13,587 Slovakia 23,508 13,934 Lithuania 22,949 12,538 Latvia 22,389 14,017 Hungary 22,911 12,157 Mexico 19,311 9,812
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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]
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See also
References
- "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.
- "Korea's wage theft over 10 times higher than Japan's". Kyunghyang Newspaper. 2016. Retrieved 2016-09-04.
- "Labour > Earnings > Average annual wages". OECD.
- "Gross Average Monthly Wages by Country and Year (2015)". UNECE. Retrieved 24 August 2016.
External links
- GDP per capita by country Interactive GDP chart that allows filtering by various national groupings (such as NATO, EU, BRIC, ASEAN etc.)
- Database Central Europe; average wages in emerging markets