List of countries by average wage

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

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 PPPs using 2015 US dollar PPPs for private consumption and are deflated by a price deflator for private final consumption expenditures in 2015 prices. The OECD is a weighted average based on dependent employment weights in 2015 for the countries shown.[1]

Country Average annual wages, 2015
constant prices at 2015 US$ PPPs
 Luxembourg 60,369
  Switzerland 58,389
 Ireland 46,074
 United States 58,714
 Australia 50,167
 Canada 47,843
 Denmark 50,024
 Norway 50,908
 Netherlands 50,670
 United Kingdom 41,384
 South Korea 33,110
 Germany 44,925
 Austria 46,084
 Belgium 47,702
 Japan 35,780
 Sweden 40,909
 Finland 40,731
 Slovenia 33,085
 Israel 29,794
 Spain 36,325
 France 41,252
 Italy 34,140
 Portugal 24,105
 Czech Republic 21,689
 Poland 23,998
 Slovak Republic 22,031
 Greece 25,211
 Hungary 19,999
 Estonia 21,564
 Mexico 14,867

UNECE statistics

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
 United States $4,893
 Luxembourg $5,583
  Switzerland $7,396
 Ireland $4,379
 Netherlands $4,289
 Norway $5,418
 Belgium $3,963
 Denmark $5,310
 Austria $3,761
 Canada $4,134
 United Kingdom $3,461
 Germany $3,478
 Finland $3,781
 France $3,374
 Sweden $3,849
 Spain $2,541
 Italy $2,671
 Slovenia $2,052
 Greece $1,631
 Portugal $1,513
 Poland $1,021
 Hungary $888
 Czech Republic $1,065
 Slovakia $1,138
 Bosnia & Herzegovina $731
 Belarus $422
 Armenia $386
 Bulgaria $507

See also

References

  1. ↑ "Average annual wages, 2013 USD PPPs 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

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