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List of countries by average wage

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World economy

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]
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]
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

References

  1. ^ The Canberra group Expert Group on Household Income Statistics: Final Report and Recommendations, 2001, ISBN 0-9688524-0-8.
  2. ^ [1]
  3. ^ Gross income - Compulsory deductions = Disposable income
  4. ^ 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
  5. ^ OECD Statistics -> Data by theme -> Labour -> Earnings -> Average annual wages
  6. ^ OECD Statistics -> Data by theme -> Labour -> Earnings -> Average annual wages
  7. ^ BBC
  8. ^ http://stats.oecd.org/#
  9. ^ 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
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