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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.

Contents

OECD statisticsEdit

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]

Average annual wages 2017 (US$)[2]
Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
Country PPP Nominal
  Luxembourg 63,062 71,710
   Switzerland 62,283 88,159
  Iceland 61,787 90,662
  United States 60,558 60,558
  Netherlands 52,877 52,705
  Denmark 51,466 65,674
  Norway 51,212 65,786
  Austria 50,349 48,306
  Belgium 49,675 49,419
  Australia 49,126 61,620
  Ireland 47,653 53,112
  Canada 47,622 50,033
  Germany 47,585 44,466
  France 43,755 42,410
  United Kingdom 43,732 45,280
  Finland 42,964 46,772
  Sweden 42,393 47,783
  Japan 40,863 38,234
  New Zealand 40,043 46,917
  Spain 38,507 31,635
  Italy 36,658 32,931
  South Korea 35,191 31,390
  Israel 35,067 42,378
  Slovenia 34,933 26,713
  Poland 27,046 13,431
  Greece 26,064 19,542
  Chile 25,879 18,645
  Czech Republic 25,372 15,374
  Portugal 25,367 19,210
  Estonia 24,336 17,039
  Slovak Republic 24,328 14,881
  Lithuania 24,287 14,189
  Latvia 23,683 15,412
  Hungary 22,576 12,506
  Mexico 15,314 8,593
Average annual wages 2016 (US$)[2]
Rank
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
  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
  Sweden 42,816 46,804
  Finland 42,127 45,584
  New Zealand 39,397 44,636
  Japan 39,113 39,089
  Spain 37,333 30,613
  Italy 35,397 32,205
  Slovenia 34,965 25,171
  Israel 34,023 38,942
  South Korea 32,399 29,125
  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
  Slovak Republic 23,508 13,934
  Lithuania 22,949 12,538
  Latvia 22,389 14,017
  Hungary 22,911 12,157
  Mexico 19,311 9,812
Development of average annual wages 2000–2017 (US$ PPP)[2]
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 47,596 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 32,984 35,568 38,601 39,085 39,949 40,366 40,778 41,467 42,154 42,393
  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
  Spain 36,327 36,322 40,018 39,451 38,328 38,416 38,422 39,339 39,196 38,507
  Italy 36,134 37,181 37,987 37,394 36,267 36,324 36,461 36,770 37,033 36,658
  South Korea 27,039 31,285 32,501 32,816 32,416 33,033 32,840 33,424 34,555 35,191
  Israel 33,487 31,162 31,017 31,264 31,748 32,022 32,016 33,019 34,072 35,067
  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 statisticsEdit

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.[3]

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
  Belgium $3,963
  Sweden $3,849
  Finland $3,781
  Austria $3,761
  Germany $3,478
  United Kingdom $3,461
  France $3,374
  Italy $2,671
  Spain $2,541
  Israel $2,405
  Slovenia $2,052
  Greece $1,631
  Portugal $1,513
  Poland $1,356
  Croatia $1,173
  Slovakia $1,138
  Czech Republic $1,065
  Hungary $1,063
  Romania $919
  Lithuania $914
  Bosnia and Herzegovina $801
  Trinidad and Tobago $736
  Bulgaria $627
  Belarus $422
  Armenia $386
  Albania $379

See alsoEdit

ReferencesEdit

  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. ^ a b c "Labour > Earnings > Average annual wages". OECD.
  3. ^ "Gross Average Monthly Wages by Country and Year (2015)". UNECE. Retrieved 24 August 2016.

External linksEdit