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Sunday, January 31, 2021

List of countries by average wage

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.

  • Development of average annual wages 2000–2020 (US$ PPP)[2]

    20 00           20 05           20 10           20 10           20 12           20 13           20 14           20 15           20 16           20 17           20 18           20 19           20 20           
     United States *55,36658,09261,04861,13261,63461,34762,26363,84563,94264,61865,30366,38369,392
     Iceland *53,81061,18751,23453,45253,13753,96654,73658,37762,94969,05172,46670,39167,488
     Luxembourg *57,10059,50563,91762,95562,45163,05865,37966,24766,39367,39367,44866,84065,854
     Switzerland *56,52961,06363,27763,53364,58265,43165,54865,91065,45365,15164,96365,90664,824
     Netherlands *52,37154,56557,95957,60157,83558,03557,72958,40358,60458,17157,58157,47558,828
     Denmark *46,36050,87954,92854,64454,57054,92555,97656,96057,04357,35557,79457,96758,430
     Norway *38,64744,43850,58642,34753,77754,85355,12155,40454,22454,11754,69155,75355,780
     Canada *44,10845,82450,02450,51251,28951,92452,55752,96852,01952,76553,73054,11955,342
     Australia *45,20148,61551,95753,60153,91953,67254,08553,63653,72453,43753,51554,02155,206
     Belgium *51,92252,96953,96954,52054,95155,50355,80955,42755,52655,13055,38856,02254,237
     Germany *45,58446,55347,05448,02648,68349,15950,00151,17251,90252,45453,22154,04153,745
     Austria *47,86049,76452,33451,75552,07152,12852,31052,68653,17053,13653,32553,69053,132
     Ireland *36,88642,60349,66549,13848,66547,43747,14247,13447,81248,37648,58649,50949,474
     United Kingdom *40,20745,36946,86346,03645,45546,03646,15646,64747,18147,14647,22947,93747,147
     Sweden *34,38937,65041,53442,16143,08043,55244,06644,71945,42345,68145,91746,41847,020
     Finland *38,96942,35745,21145,23345,28044,83644,83745,19445,58845,33945,77146,24946,230
     France *38,78241,56244,32544,25644,55244,92745,23745,68046,21446,85246,86747,11245,581
     New Zealand *32,99237,37240,27940,28141,14740,63740,79441,50342,86243,14844,12145,09245,269
     South Korea *29,23834,24236,14036,61736,08237,00637,10538,14339,26640,21641,62442,29741,960
     Slovenia *28,64033,23336,97636,85735,73035,19335,87936,63638,04938,70639,03840,53341,445
     Israel *36,27633,77433,45533,75434,30034,55634,63635,62736,92137,90338,81139,53739,322
     Japan *38,36538,87938,08538,70038,05838,10337,43837,26537,81037,97238,46239,04138,515
     Spain *38,34937,82541,48640,74339,60639,60839,48440,07239,84539,32639,03339,05537,922
     Italy *39,17540,35041,19440,53439,25539,37839,53139,87840,19339,93439,98540,14537,769
     Poland *21,13121,99624,68824,65824,40624,67125,19825,85427,14528,29430,21231,95932,527
     Lithuania *11,92718,26119,74220,17720,51721,32122,26823,71524,98226,38227,57229,69531,811
     Estonia *12,74417,66121,99121,48321,80822,32723,52824,63324,93226,41727,92029,94830,720
     Czech Republic *17,00121,98124,30924,50824,55824,40424,92125,66026,57527,93129,42130,35529,885
     Latvia *11,75915,91319,38518,69819,47220,44421,89923,74225,15426,12827,10728,64529,876
     Portugal *28,22928,14828,79228,09626,89027,40626,93526,85526,69926,82027,26327,97828,410
     Greece *27,24732,55732,42230,36328,59726,72926,62226,88626,26826,41826,68027,01027,207
     Chile *18,68619,03425,24625,38426,20126,87627,09927,08228,25227,60528,57429,57926,729
     Hungary *16,21322,09721,66421,94221,21120,98820,71320,87321,06322,58723,72224,47225,410
     Slovakia *14,36816,58919,85819,68919,43719,59019,98020,77121,43022,07222,69223,43823,619
     Mexico *16,11117,48416,40716,55516,25816,27116,30216,51616,32216,27716,63716,77116,230

 

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