List of countries by average wage: Difference between revisions
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Since [[Purchasing power parity|PPP]] conversion is a widely accepted way to compare income (including wages), the data listed are in PPPs (for private consumption).<ref>[http://www.lisproject.org/links/canberra/finalreport.pdf The Canberra group] Expert Group on Household Income Statistics: Final Report and Recommendations, 2001, ISBN 0-9688524-0-8.</ref> |
Since [[Purchasing power parity|PPP]] conversion is a widely accepted way to compare income (including wages), the data listed are in PPPs (for private consumption).<ref>[http://www.lisproject.org/links/canberra/finalreport.pdf The Canberra group] Expert Group on Household Income Statistics: Final Report and Recommendations, 2001, ISBN 0-9688524-0-8.</ref> |
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However, as Purchasing Power Parity theory is not without its criticisms, PPP numbers should be considered in conjunction with nominal numbers.<ref>[http://kalyan-city.blogspot.com/2010/09/purchasing-power-parity-ppp-theory.html]</ref> |
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! Compulsory<br>deduction<ref>[http://www.oecd.org/tax/tax-policy/taxing-wages.htm OECD Tax Database - Figure V.1 compares average tax wedges and compulsory payment wedges (updated March 2013) for single taxpayers at average earnings without children in 2012]</ref> |
! Compulsory<br>deduction<ref>[http://www.oecd.org/tax/tax-policy/taxing-wages.htm OECD Tax Database - Figure V.1 compares average tax wedges and compulsory payment wedges (updated March 2013) for single taxpayers at average earnings without children in 2012]</ref> |
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! Gross annual wage<br>(2012 USD PPPs)<ref>[http://stats.oecd.org/Index.aspx OECD Statistics -> Data by theme -> Labour -> Earnings -> Average annual wages]</ref> |
! Gross annual wage<br>(2012 USD PPPs)<ref>[http://stats.oecd.org/Index.aspx OECD Statistics -> Data by theme -> Labour -> Earnings -> Average annual wages]</ref> |
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! Gross annual wage<br>(2012 USD exchange rate)<ref>[http://stats.oecd.org/Index.aspx OECD Statistics -> Data by theme -> Labour -> Earnings -> Average annual wages]</ref> |
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| 1 || align="left" | {{flag|Switzerland}} || 41,600 || 21.9% || 53,265 |
| 1 || align="left" | {{flag|Switzerland}} || 41,600 || 21.9% || 53,265 || 89,830 |
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| 2 || align="left"| {{flag|United States}} || 38,753 || 29.6% || 55,048 || 55,048 |
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| 3 || align="left" | {{flag|Ireland}} || 38,210 || 25.9% || 51,565 || 62,763 |
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| 4 || align="left"| {{flag|Luxembourg}} || 33,373 || 36.6% || 52,639 || 69,273 |
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| 5 || align="left" | {{flag|Australia}} || 33,319 || 32.9% || 49,655 || 77,262 |
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| 6 || align="left" | {{flag|Canada}} || 31,501 || 30.8% || 45,521 || 58,376 |
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| 7 || align="left" | {{flag|United Kingdom}} || 29,938 || 32.3% || 44,222 || 50,658 |
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| 8 || align="left" | {{flag|South Korea}} || 29,038 || 21.0% || 36,757 || 28,725 |
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| 9 || align="left" | {{flag|Norway}} || 28,543 || 38.5% || 46,412 || 80,045 |
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| 10 || align="left" | {{flag|Denmark}} || 27,424 || 39.1% || 45,031 || 67,827 |
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| 11 || align="left" | {{flag|Japan}} || 23,486 || 31.2% || 34,137 || 50,161 |
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| 12 || align="left" | {{flag|Austria}} || 22,813 || 48.9% || 44,644 || 49,824 |
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| 13 || align="left" | {{flag|Finland}} || 22,548 || 42.5% || 39,214 || 51,284 |
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| 14 || align="left" | {{flag|Sweden}} || 22,512 || 43.0% || 39,494 || 53,851 |
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| 15 || align="left" | {{flag|Netherlands}} || 22,064 || 52.7% || 46,640 || 52,309 |
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| 16 || align="left" | {{flag|Germany}} || 21,187 || 49.7% || 42,121 || 45,287 |
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| 17 || align="left" | {{flag|Belgium}} || 20,894 || 56.0% || 47,487 || 55,317 |
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| 18 || align="left" | {{flag|Israel}} || 20,795 || 27.6% || 28,722 || 31,934 |
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| 19 || align="left" | {{flag|Spain}} || 20,232 || 41.4% || 34,525 || 34,601 |
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| 20 || align="left" | {{flag|France}} || 19,721 || 50.2% || 39,600 || 45,568 |
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| 21 || align="left" | {{flag|Slovenia}} || 18,575 || 42.3% || 32,193 || 28,876 |
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| 22 || align="left" | {{flag|Italy}} || 16,789 || 50.4% || 33,849 || 36,763 |
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| 23 || align="left" | {{flag|Greece}} || 15,142 || 41.9% || 26,062 || 25,467 |
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| 24 || align="left" | {{flag|Portugal}} || 14,621 || 36.7% || 23,098 || 20,632 |
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| 25 || align="left" | {{flag|Poland}} || 12,582 || 40.4% || 21,110 || 13,023 |
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| 26 || align="left" | {{flag|Czech Republic}} || 11,637 || 43.2% || 20,487 || 15,947 |
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| 27 || align="left" | {{flag|Slovakia}} || 11,479 || 43.2% || 20,210 || 15,306 |
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| 28 || align="left" | {{flag|Estonia}} || 10,642 || 41.6% || 18,222 || 15,142 |
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| 29 || align="left" | {{flag|Mexico}} || 11,130 || 19.2% || 13,775 || 9,286 |
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| 30 || align="left" | {{flag|Hungary}} || 10,288 || 49.4% || 20,332 || 13,388 |
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Revision as of 07:56, 31 May 2014
World economy |
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The average wage is a measure for the financial well-being of a country's inhabitants. The wage distribution is right-skewed; the majority of people earn less than the average wage. Moreover in some countries like in Scandinavia and France social security is included in taxes.
OECD's statistics
The data presented represents full-time average annual gross wages and salaries in the entire economy of selected Organization for Economic Co-operation and Development (OECD) member countries. The figure is derived by taking the national accounts aggregate of wages and salaries, dividing them by the national accounts aggregate for average wage and salary employment, and multiplying it by the ratio of average weekly working hours per full-time employee to average weekly working hours for all employees. The resulting estimates correspond to average annual wages per full-time equivalent dependent employee.
Since PPP conversion is a widely accepted way to compare income (including wages), the data listed are in PPPs (for private consumption).[1]
However, as Purchasing Power Parity theory is not without its criticisms, PPP numbers should be considered in conjunction with nominal numbers.[2]
rank | Country | Disposable wage (2012 USD PPPs)[3] |
Compulsory deduction[4] |
Gross annual wage (2012 USD PPPs)[5] |
Gross annual wage (2012 USD exchange rate)[6] |
---|---|---|---|---|---|
1 | Switzerland | 41,600 | 21.9% | 53,265 | 89,830 |
2 | United States | 38,753 | 29.6% | 55,048 | 55,048 |
3 | Ireland | 38,210 | 25.9% | 51,565 | 62,763 |
4 | Luxembourg | 33,373 | 36.6% | 52,639 | 69,273 |
5 | Australia | 33,319 | 32.9% | 49,655 | 77,262 |
6 | Canada | 31,501 | 30.8% | 45,521 | 58,376 |
7 | United Kingdom | 29,938 | 32.3% | 44,222 | 50,658 |
8 | South Korea | 29,038 | 21.0% | 36,757 | 28,725 |
9 | Norway | 28,543 | 38.5% | 46,412 | 80,045 |
10 | Denmark | 27,424 | 39.1% | 45,031 | 67,827 |
11 | Japan | 23,486 | 31.2% | 34,137 | 50,161 |
12 | Austria | 22,813 | 48.9% | 44,644 | 49,824 |
13 | Finland | 22,548 | 42.5% | 39,214 | 51,284 |
14 | Sweden | 22,512 | 43.0% | 39,494 | 53,851 |
15 | Netherlands | 22,064 | 52.7% | 46,640 | 52,309 |
16 | Germany | 21,187 | 49.7% | 42,121 | 45,287 |
17 | Belgium | 20,894 | 56.0% | 47,487 | 55,317 |
18 | Israel | 20,795 | 27.6% | 28,722 | 31,934 |
19 | Spain | 20,232 | 41.4% | 34,525 | 34,601 |
20 | France | 19,721 | 50.2% | 39,600 | 45,568 |
21 | Slovenia | 18,575 | 42.3% | 32,193 | 28,876 |
22 | Italy | 16,789 | 50.4% | 33,849 | 36,763 |
23 | Greece | 15,142 | 41.9% | 26,062 | 25,467 |
24 | Portugal | 14,621 | 36.7% | 23,098 | 20,632 |
25 | Poland | 12,582 | 40.4% | 21,110 | 13,023 |
26 | Czech Republic | 11,637 | 43.2% | 20,487 | 15,947 |
27 | Slovakia | 11,479 | 43.2% | 20,210 | 15,306 |
28 | Estonia | 10,642 | 41.6% | 18,222 | 15,142 |
29 | Mexico | 11,130 | 19.2% | 13,775 | 9,286 |
30 | Hungary | 10,288 | 49.4% | 20,332 | 13,388 |
International Labour Organisation (ILO)'s statistics
The average wage, calculated by the International Labour Organization (ILO), a United Nations agency dealing with labour issues, particularly international labour standards and decent work for all, 185 of the 193 UN member states are members of the ILO. It's a rough figure based on data from 72 countries, omitting some of the world's poorest nations. All figures are adjusted to reflect variations in the cost of living from one country to another. According to ILO the World average wage in Purchasing Power Parity dollars is $1,480.
rank | Country | Monthly average wage in PPP dollars, 2009[7] |
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1 | Luxembourg | $4,089 |
2 | Norway | $3,678 |
3 | Austria | $3,437 |
4 | United States | $3,263 |
5 | United Kingdom | $3,065 |
6 | Belgium | $3,035 |
7 | Sweden | $3,023 |
8 | Ireland | $2,997 |
9 | Finland | $2,925 |
10 | South Korea | $2,903 |
11 | France | $2,886 |
12 | Canada | $2,724 |
13 | Germany | $2,720 |
14 | Singapore | $2,616 |
15 | Australia | $2,610 |
16 | Cyprus | $2,605 |
17 | Japan | $2,522 |
18 | Italy | $2,445 |
19 | Iceland | $2,431 |
20 | Spain | $2,352 |
21 | Greece | $2,300 |
22 | New Zealand | $2,283 |
23 | South Africa | $1,838 |
24 | Malta | $1,808 |
25 | Israel | $1,804 |
26 | Czech Republic | $1,786 |
27 | Croatia | $1,756 |
28 | Turkey | $1,731 |
29 | Qatar | $1,690 |
30 | Hong Kong | $1,545 |
31 | Poland | $1,536 |
32 | Slovakia | $1,385 |
33 | Hungary | $1,374 |
34 | Republic of Macedonia | $1,345 |
35 | Bosnia & Herzegovina | $1,338 |
36 | Estonia | $1,267 |
37 | Russian Federation | $1,215 |
38 | Jamaica | $1,135 |
39 | Lithuania | $1,109 |
40 | Argentina | $1,108 |
41 | Latvia | $1,098 |
42 | Serbia | $1,058 |
43 | Chile | $1,021 |
44 | Botswana | $996 |
45 | Malaysia | $961 |
46 | Belarus | $959 |
47 | Romania | $954 |
48 | Bahrain | $917 |
49 | Panama | $831 |
50 | Mauritius | $783 |
51 | Brazil | $778 |
52 | Macau | $758 |
53 | Kazakhstan | $753 |
54 | Bulgaria | $750 |
55 | Colombia | $692 |
56 | Ukraine | $686 |
57 | China | $656 |
58 | Mexico | $609 |
59 | Georgia | $603 |
60 | Azerbaijan | $596 |
61 | Egypt | $548 |
62 | Thailand | $489 |
63 | Armenia | $471 |
64 | Dominican Republic | $462 |
65 | Moldova | $438 |
66 | Mongolia | $415 |
67 | Syria | $364 |
68 | Kyrgyzstan | $336 |
69 | India | $295 |
70 | Philippines | $279 |
71 | Pakistan | $255 |
72 | Tajikistan | $227 |
UNECE's 2011 statistics
Wages common currency (US$) estimates: are computed by converting national currency figures on the UNECE site into PPPs for private consumption, both for year 2011, which come from the OECD database under National Accounts.[8]
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. For most countries wages cover total economy and are expressed per full-time equivalent employee. This enables comparison of different countries irrespective of the length of working time and the share of part-time and full-time workers.
Where data are not available in full-time units, it has been mentioned in the note for the corresponding country. In these cases, the wages are either expressed for full-time workers only or total wages are divided by the number of all employees including both full-time and part-time workers.
rank | Country | Monthly average wage $[9] |
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1 | United States | $4,537 |
2 | Luxembourg | $4,455 |
3 | Switzerland | $4,265 |
4 | Ireland | $4,211 |
5 | Norway | $3,881 |
6 | Belgium | $3,831 |
7 | Netherlands | $3,922 |
8 | Denmark | $3,826 |
9 | Austria | $3,704 |
10 | Canada | $3,604 |
11 | United Kingdom | $3,461 |
12 | Germany | $3,430 |
13 | Iceland | $3,374 |
14 | Finland | $3,242 |
15 | France | $3,241 |
16 | Sweden | $3,233 |
17 | Spain | $2,884 |
18 | Italy | $2,838 |
19 | Slovenia | $2,701 |
20 | Greece | $2,245 |
21 | Israel | $2,047 |
22 | Portugal | $1,928 |
23 | Croatia | $1,856 |
24 | Poland | $1,753 |
25 | Hungary | $1,712 |
26 | Czech Republic | $1,669 |
27 | Slovakia | $1,638 |
28 | Bosnia & Herzegovina | $1,545 |
29 | Estonia | $1,450 |
30 | Russia | $1,003 |
31 | Belarus | $911 |
32 | Kazakhstan | $696 |
33 | Ukraine | $659 |
34 | Azerbaijan | $654 |
35 | Georgia | $636 |
36 | Armenia | $512 |
37 | Republic of Moldova | $462 |
39 | Kyrgyzstan | $425 |
40 | Tajikistan | $247 |
See also
- List of countries by GDP (PPP) per capita
- OECD
- International Ranking of Household Income
- Wages and Salaries
References
- ^ The Canberra group Expert Group on Household Income Statistics: Final Report and Recommendations, 2001, ISBN 0-9688524-0-8.
- ^ [1]
- ^ Gross income - Compulsory deductions = Disposable income
- ^ OECD Tax Database - Figure V.1 compares average tax wedges and compulsory payment wedges (updated March 2013) for single taxpayers at average earnings without children in 2012
- ^ OECD Statistics -> Data by theme -> Labour -> Earnings -> Average annual wages
- ^ OECD Statistics -> Data by theme -> Labour -> Earnings -> Average annual wages
- ^ BBC
- ^ http://stats.oecd.org/#
- ^ http://w3.unece.org/pxweb/dialog/varval.asp?ma=60_MECCWagesY_r&path=../database/STAT/20-ME/3-MELF/&lang=1&ti=Gross+Average+Monthly+Wages+by+Country+and+Year UNECE
External links
- GDP per capita by country Interactive GDP chart that allows filtering by various national groupings (such as NATO, EU, BRIC, ASEAN etc.)