List of countries by average wage
   HOME

TheInfoList



Click Here for Items Related To - List of countries by average wage
OR:
List of countries by average wage on:   [Wikipedia]   [Google]   [Amazon]

The
average wage The national average salary (or national average wage) is the average, mean salary for the working population of a nation. It is calculated by summation, summing all the annual salaries of all persons in work (surveyed) and Division (mathematics), ...
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 Purchasing power parity (PPP) is a measure of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currency, currencies. PPP is effectively the ratio of the price of a market bask ...
" (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 The United States Social Security Administration (SSA) is an Independent agencies of the United States government, independent agency of the Federal government of the United States, U.S. federal government that administers Social Security (United ...
estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612.


OECD statistics

The
OECD The Organisation for Economic Co-operation and Development (OECD; , OCDE) is an international organization, intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and international trade, wor ...
(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 ountry or territory ''links''.


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 The United Nations Economic Commission for Europe (ECE or UNECE) is an intergovernmental organization or a specialized body of the United Nations. The UNECE is one of five regional commissions under the jurisdiction of the United Nations Econom ...
(UNECE) Statistical Database, compiled from national and international (the CIS,
Eurostat Eurostat ("European Statistical Office"; also DG ESTAT) is a department of the European Commission ( Directorate-General), located in the Kirchberg quarter of Luxembourg City, Luxembourg. Eurostat's main responsibilities are to provide statist ...
, 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 Full-time equivalent (FTE), or whole time equivalent (WTE), is a unit of measurement that indicates the workload of an employed person (or student) in a way that makes workloads or class loads comparable across various contexts. FTE is often use ...
employee. * ''Indicates'' "Economy of ountry or territory ''links.''


See also

* Disposable household and per capita income * List of Asian countries by average wage * List of ASEAN countries and subdivisions by minimum wage *
List of countries by GDP (nominal) per capita This is a list of countries by nominal GDP per capita. GDP per capita is the total value of a country's finished goods and services (gross domestic product) divided by its total population (per capita). Gross domestic product (GDP) per capita is ...
*
List of countries by GDP (PPP) per capita A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year ...
*
List of countries by GNI per capita growth This is a list of countries by gross national income (GNI) per capita growth. This list is not to be confused with GDP per capita growth, GNI per capita or GDP growth. List of countries and dependencies The rate of GNI per capita growth in annu ...
* List of countries by labour productivity * List of countries by minimum wage *
List of countries by wealth per adult This is a list of countries of the world by wealth per adult, from UBS's ''Global Wealth Databook.'' See table 3-1 for all countries, on pages 123-126, for mean and median wealth, Gini coefficient, distribution of adults (%) by wealth range, ...
* List of European countries by average wage * Personal income in the United States


References


External links


GDP per capita by country
Interactive GDP chart that allows filtering by various national groupings (such as
ASEAN The Association of Southeast Asian Nations, commonly abbreviated as ASEAN, is a regional grouping of 10 states in Southeast Asia "that aims to promote economic and security cooperation among its ten members." Together, its member states r ...
,
BRICS BRICS is an intergovernmental organization comprising ten countriesBrazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. The idea of a BRICS-like group can be traced back to Russian foreign ...
, the EU, and
NATO The North Atlantic Treaty Organization (NATO ; , OTAN), also called the North Atlantic Alliance, is an intergovernmental organization, intergovernmental Transnationalism, transnational military alliance of 32 Member states of NATO, member s ...
etc.) {{DEFAULTSORT:Gdp (Ppp) Per Capita
Average Wage The national average salary (or national average wage) is the average, mean salary for the working population of a nation. It is calculated by summation, summing all the annual salaries of all persons in work (surveyed) and Division (mathematics), ...
Wage A wage is payment made by an employer to an employee for work (human activity), work done in a specific period of time. Some examples of wage payments include wiktionary:compensatory, compensatory payments such as ''minimum wage'', ''prevailin ...
List
Average wage The national average salary (or national average wage) is the average, mean salary for the working population of a nation. It is calculated by summation, summing all the annual salaries of all persons in work (surveyed) and Division (mathematics), ...
Macroeconomic indicators