List of countries by average wage

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The average wage is a measure for the financial well-being of a country's inhabitants. The average wages are sometimes, like in this article, adjusted to living expenses ("purchasing power parity"). 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[edit]

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]

Rank Country Average annual wages 2015,
in 2015 prices and purchasing power parity dollars
1  Luxembourg 60,369
2  United States 58,714
3   Switzerland 58,389
4  Netherlands 50,670
5  Norway 50,363
6  Australia 50,167
7  Denmark 50,024
8  Canada 47,843
9  Belgium 47,702
10  Austria 46,084
11  Ireland 46,074
12  Germany 44,925
13  United Kingdom 41,384
14  France 41,252
15  Sweden 40,909
16  Finland 40,731
17  Spain 36,325
18  Japan 35,780
19  Italy 34,140
20  South Korea 33,110
21  Slovenia 33,085
22  Israel 29,794
23  Greece 25,211
24  Portugal 24,105
25  Poland 23,998
26  Slovakia 22,031
27  Czech Republic 21,689
28  Estonia 21,564
29  Hungary 21,493
30  Mexico 14,867

UNECE statistics[edit]

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.[2]

Country Monthly average wage
  Switzerland $7,396
 Luxembourg $5,583
 Norway $5,418
 Denmark $5,310
 United States $4,893
 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
 Slovakia $1,138
 Czech Republic $1,065
 Poland $1,021
 Hungary $1,067
 Romania $919
 Lithuania $914
 Bosnia & Herzegovina $731
 Bulgaria $627
 Belarus $422
 Armenia $386
 Albania $379
 Australia $4,700

See also[edit]

References[edit]

  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. ^ "Gross Average Monthly Wages by Country and Year (2015)". UNECE. Retrieved 24 August 2016. 

External links[edit]