List of countries by average wage

Last updated March 13, 2024

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 2000–2022 (USD PPP)^[2]
Country	2000	2010	2020	2022
Iceland *	57,008	54,268	71,687	79,473
Luxembourg *	64,217	71,085	74,839	78,310
United States *	61,132	67,263	77,567	77,463
Switzerland *	60,768	67,961	69,728	72,993
Belgium *	60,929	63,295	63,677	64,848
Denmark *	52,019	61,537	66,203	64,127
Austria *	57,529	62,831	64,648	63,802
Netherlands *	60,063	66,270	67,163	63,225
Australia *	48,213	55,536	60,377	59,408
Canada *	46,526	52,457	59,160	59,050
Germany *	51,344	52,912	60,309	58,940
United Kingdom *	44,967	52,455	53,612	53,985
Norway *	36,444	47,531	52,415	53,756
Ireland *	37,874	52,793	53,651	52,243
Finland *	43,073	49,911	51,092	51,836
New Zealand *	36,452	44,476	51,417	50,722
Sweden *	37,651	45,337	51,214	50,407
South Korea *	32,243	39,730	48,294	48,922
Slovenia *	33,203	42,846	48,605	47,204
Italy *	45,290	47,629	44,246	44,893
Israel *	37,782	34,993	42,130	44,156
Lithuania *	17,102	28,340	44,228	43,875
Spain *	43,029	46,538	43,828	42,859
Japan *	41,428	40,999	41,442	41,509
Poland *	23,770	28,091	37,325	36,897
Estonia *	14,254	24,461	35,128	34,705
Czech Republic *	20,070	28,648	35,552	33,476
Turkey *		22,847	31,761
Chile *	20,515	27,871	31,369
Costa Rica *	18,160	21,062	31,341
Portugal *	30,975	31,589	31,300	31,922
Hungary *	17,969	24,005	27,588	28,475
Slovakia *	16,381	22,642	27,052	26,263
Greece *	29,797	35,454	27,747	25,979
Colombia *		19,800	24,681

UNECE statistics

The gross average monthly wage estimates for 2022 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.

Country	Gross Average Monthly Wages in 2022 (USD, at current exchange rates)^[4]
Switzerland *	8,111
Luxembourg *	6,633
United States *	6,455
Iceland *	6,441
Norway *	5,665
Denmark *	5,642
Canada *	5,081
Ireland *	4,642
Netherlands *	4,581
Belgium *	4,560
Austria *	4,312
United Kingdom *	4,179
Finland *	4,090
Germany *	3,984
Sweden *	3,977
France *	3,655
Israel *	3,608
Italy *	2,763
Slovenia *	2,611
Spain *	2,551
Cyprus *	2,316
Portugal *	1,781
Estonia *	1,772
Czech Republic *	1,770
Lithuania *	1,628 (2020)
Slovakia *	1,512
Greece *	1,417
Poland *	1,416
Romania *	1,306
Latvia *	1,303 (2020)
Hungary *	1,189
Bulgaria *	947
Montenegro *	929
Bosnia and Herzegovina *	927
Serbia *	925
North Macedonia *	813
Kazakhstan *	673
Belarus *	621
Armenia *	541
Georgia *	529
Moldova *	508 (2021)
Azerbaijan *	494
Ukraine *	430 (2020)
Albania *	364 (2019)
Uzbekistan *	351
Kyrgyzstan *	228 (2021)

Related Research Articles

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Per capita income (PCI) or average income measures the average income earned per person in a given area in a specified year.

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' currencies. PPP is effectively the ratio of the price of a basket of goods at one location divided by the price of the basket of goods at a different location. The PPP inflation and exchange rate may differ from the market exchange rate because of tariffs, and other transaction costs.

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<span class="mw-page-title-main">Gross national income</span> Total domestic and foreign economic output claimed by residents of a country

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References

↑ "Average wages, median wages, and wage dispersion".
↑ "OECD.Stat: Average annual wages"
↑ "Gross Average Monthly Wages by Country and Year (2020)". UNECE. Retrieved 24 August 2016.
↑ "Gross Average Monthly Wages by Country and Year", UNECE.org

External links

GDP per capita by country Interactive GDP chart that allows filtering by various national groupings (such as ASEAN, BRICS, the EU, and NATO etc.)

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[1] "Average wages, median wages, and wage dispersion".

[OECDaaw-2] "OECD.Stat: Average annual wages"

[3] "Gross Average Monthly Wages by Country and Year (2020)". UNECE. Retrieved 24 August 2016.

[4] "Gross Average Monthly Wages by Country and Year", UNECE.org

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v t e Lists of countries by financial rankings
Trade	Account balance % of GDP Exports by product merchandise net per capita service exports Imports Trade-to-GDP ratio Tariff rate Leading trade partners
Investment	FDI received past FDI abroad GFI
Funds	Forex reserves Forex reserves (ex. gold) Gold reserves Sovereign wealth funds Pension funds Creditor nations Debtor nations
Budget and debt	Government budget PPP % of GDP per capita Credit rating External debt Public debt future Household debt Corporate debt
Income and taxes	Tax rates Inheritance tax Tax revenue Wage average median minimum
Bank rates	Central bank interest rate Commercial bank prime lending rate
Currency	Exchange rates to US$ Inflation rate
Other	Financial Development Index Average annual labor hours Corporate governance Development aid Ease of doing business Gross national savings Employment/Unemployment Financial assets Labour productivity Wealth
Lists of countries by GDP rankings List of international rankings Lists by country

v t e Lists of countries by GDP rankings
Nominal	Per capita Past and projected per capita Sector composition
Purchasing power parity (PPP)	Per capita Past per capita Past and projected per capita Private consumption per capita Per person employed Ten largest historically
Growth rate	African countries Asian states European Union member states European countries Latin American and Caribbean countries Oceanian countries Per capita 1980–2010 growth Industrial growth
Gross national income (GNI)	PPP per capita Nominal per capita
Countries by region	Africa PPP nominal Commonwealth of Nations PPP nominal Latin America & Caribbean PPP nominal North America PPP nominal nominal per capita South America PPP Arab League nominal and per capita PPP and per capita ASEAN subdivision Asia Asia & Pacific nominal PPP Former Soviet Republics Europe PPP PPP per capita nominal nominal per capita Oceania GDP
Subnational divisions	Albania Argentina Australia Austria Baltic States Belarus Belgium Brazil Bulgaria Canada cities Chile per capita China per capita cities prefectures Colombia Croatia Czech Republic Egypt Finland France nominal nominal per capita Germany nominal nominal per capita cities Greece Hungary India PPP per capita Indonesia per capita cities regencies Italy nominal per capita Japan per capita Kazakhstan Kenya Malaysia Mexico per capita Mongolia Netherlands Nigeria Nepal Norway Pakistan Peru Philippines Poland Portugal Romania Russia per capita Serbia Slovakia South Africa per capita South Korea Spain Sweden Switzerland Ukraine United Kingdom nominal nominal per capita United States Taiwan Tanzania Thailand Turkey Vietnam OECD *Top country subdivisions by GDP
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