List of countries by average wage explained

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). This is not to be confused with the average income which is a measure of total income including wage, investment benefit, and other capital gains divided by total number of people in the population including non-working residents. Average wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612.[1]

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.

* Indicates "Economy of [country or territory]" links.

Development of average annual wages 2000–2023 (USD PPP)[2]
Country2000201020202023
67,93275,12478,97785,526
61,06658,13175,02281,378
66,25974,09276,11779,204
61,09067,21777,89077,226
64,27366,76967,22469,874
60,50766,07468,13667,431
46,33860,43466,64067,210
63,47170,03070,641 65,640
52,79362,46267,149 65,612
52,50260,585 65,33563,926
50,63157,084 63,71263,398
54,43456,09663,886 62,473
38,311 46,74454,19655,974
46,89053,57754,247 55,680
44,114 53,79154,89255,173
46,65054,05655,62455,048
41,636 50,128 56,64555,041
40,40356,56357,512 53,384
34,74244,85450,741 53,296
45,54449,25846,91147,772
33,114 40,804 49,59947,715
17,82129,53446,146 46,818
47,55550,001 46,44345,987
43,06342,617 43,07942,118
25,64930,31040,269 39,300
13,630 22,507 33,72536,925
34,15134,82734,51835,677
21,38530,52437,87935,576
14,67825,18235,718 34,525
18,67124,94328,69130,216
18,68625,83130,86329,838
31,27637,21429,071 28,727
19,875 18,625 19,093 20,090
44,252 41,33246,366
22,70826,60536,989
21,68731,18632,692
23,55727,37340,551
25,62732,535

UNECE statistics

The gross average monthly wage estimates for 2023 are computed by converting national currency figures from the United Nations Economic Commission for Europe (UNECE) Statistical Database, compiled from national and international (the CIS, Eurostat, the OECD) official sources. Wages in U.S. dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars.

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]

* Indicates "Economy of [country or territory]" links.

Countrystyle=max-width:9em Gross Average Monthly Wages in 2023 (USD, at current exchange rates)
8,111 (2022)
6,633 (2022)
6,455 (2022)
6,778
5,665 (2022)
5,642 (2022)
5,081 (2022)
4,642 (2022)
4,581 (2022)
4,560 (2022)
4,312 (2022)
4,179 (2022)
4,090 (2022)
3,984 (2022)
3,977 (2022)
3,655 (2022)
3,507
2,763 (2022)
2,611 (2022)
2,551 (2022)
2,316 (2022)
1,781 (2022)
1,981
1,770 (2022)
2,173
1,512 (2022)
1,417 (2022)
1,416 (2022)
1,713
1,610
1,662
1,189 (2022)
1,113
1,067
1,077
1,094
965
673 (2022)
621 (2022)
688
707
607
553 (2022)
494 (2022)
430 (2020)
701
351 (2022)
316 (2022)

See also

External links

Notes and References

  1. Web site: Average wages, median wages, and wage dispersion .
  2. https://stats.oecd.org/Index.aspx?QueryId=124081 "OECD.Stat: Average annual wages"
  3. Web site: Gross Average Monthly Wages by Country and Year (2020). UNECE. 24 August 2016.