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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

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]

Country Average annual wages, 2015
constant prices at 2015 USD PPP
 Luxembourg 60,369
 United States 58,714
  Switzerland 58,389
 Norway 50,908
 Netherlands 50,670
 Australia 50,167
 Denmark 50,024
 Canada 47,843
 Belgium 47,702
 Austria 46,084
 Ireland 46,074
 Germany 44,925
 United Kingdom 41,384
 France 41,252
 Sweden 40,909
 Finland 40,731
 Spain 36,325
 Japan 35,780
 Italy 34,140
 South Korea 33,110
 Slovenia 33,085
 Israel 29,794
 Greece 25,211
 Portugal 24,105
 Poland 23,998
 Slovakia 22,031
 Czech Republic 21,689
 Estonia 21,564
 Hungary 19,999
 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
  Switzerland $7,396
 United States $4,893
 Luxembourg $5,583
 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
 Czech Republic $1,065
 Slovakia $1,138
 Hungary $888
 Romania $747
 Bosnia & Herzegovina $731
 Lithuania $900
 Armenia $386
 Belarus $422
 Bulgaria $627
 Philippines $379
 Moldova $258

See also

References

  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