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$)[3] 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 Country PPP Nominal Iceland66,504 70,628 Luxembourg65,449 69,895 Switzerland64,109 90,127 United States63,093 63,093 Denmark55,253 64,229 Netherlands54,262 51,313 Australia53,349 52,261 Belgium52,080 48,797 Norway50,956 53,049 Austria50,868 47,034 Sweden50,569 41,748 Germany49,813 43,847 Canada48,849 46,781 Ireland47,952 56,787 France44,510 41,431 Finland44,111 45,578 New Zealand42,325 40,984 South Korea40,856 30,469 Japan40,573 40,329 United Kingdom39,600 39,405 Italy38,485 32,030 Spain38,761 30,239 Slovenia37,322 26,747 Israel37,251 45,030 Poland29,109 13,246 Chile27,125 14,262 Czechia26,962 15,212 Estonia26,898 18,173 Greece26,671 18,949 Lithuania26,429 14,657 Latvia25,586 15,930 Portugal25,487 18,654 Slovakia25,357 15,025 Hungary24,455 11,546 Mexico16,298 6,848 -
Average annual wages 2017 (US$)[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 Luxembourg63,062 71,710 Switzerland62,283 88,159 Iceland61,787 90,662 United States60,558 60,558 Netherlands52,877 52,705 Denmark51,466 65,674 Norway51,212 65,786 Austria50,349 48,306 Sweden50,046 47,783 Belgium49,675 49,419 Australia49,126 61,620 Ireland47,653 53,112 Canada47,622 50,033 Germany47,585 44,466 France43,755 42,410 United Kingdom43,732 45,280 Finland42,964 46,772 Japan40,863 38,234 New Zealand40,043 46,917 South Korea39,985 31,390 Italy38,132 32,931 Spain38,507 31,635 Israel36,720 42,378 Slovenia34,933 26,713 Poland27,046 13,431 Greece26,064 19,542 Chile25,879 18,645 Czechia25,372 15,374 Portugal25,367 19,210 Estonia24,336 17,039 Slovakia24,328 14,881 Lithuania24,287 14,189 Latvia23,683 15,412 Hungary22,576 12,506 Mexico15,314 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 Luxembourg62,636 66,770 United States60,154 60,154 Switzerland60,124 85,718 Iceland55,984 73,609 Norway53,643 63,122 Netherlands52,833 51,669 Denmark52,580 64,310 Australia52,063 59,538 Ireland51,681 56,787 Belgium49,587 47,674 Sweden49,530 46,804 Canada48,403 48,688 Austria48,295 45,819 Germany47,585 44,466 France42,992 40,718 United Kingdom42,835 46,252 Finland42,127 45,584 New Zealand39,397 44,636 Japan39,113 39,089 South Korea38,869 29,125 Italy37,450 32,205 Israel36,143 38,942 Spain37,333 30,613 Slovenia34,965 25,171 Estonia28,621 15,726 Chile28,434 18,157 Poland25,921 12,154 Greece25,124 19,189 Portugal24,529 18,333 Czechia23,722 13,587 Slovakia23,508 13,934 Lithuania22,949 12,538 Latvia22,389 14,017 Hungary22,911 12,157 Mexico19,311 9,812
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UNECE statistics
Gross average monthly wage estimates for 2015 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