The average real wages worldwide saw an increase every year since 2006. However, in 2022, the aftermath of the COVID-19 pandemic and the rising inflation rates in led to a decrease in real average wages worldwide. In 2023, real global wage growth was positive again.

In 2023, the average annual real wages in the United States amounted to 80,115 U.S. dollars. This shows the average annual wages in the United States from 2000 to 2023 in constant 2023 PPP-adjusted U.S. dollars.

Graph and download economic data for Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over (LES1252881600Q) from Q1 1979 to Q1 2025 about full-time, salaries, workers, earnings, 16 years +, wages, median, real, employment, and USA.

Wages in China increased to 120698 CNY/Year in 2023 from 114029 CNY/Year in 2022. This dataset provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Average Hourly Earnings of All Employees, Total Private (CES0500000003) from Mar 2006 to May 2025 about earnings, average, establishment survey, hours, wages, private, employment, and USA.

Wages in Hungary increased 8.50 percent in March of 2025 over the same month in the previous year. This dataset provides - Hungary Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.

Average hourly and weekly wage rate, and median hourly and weekly wage rate by North American Industry Classification System (NAICS), type of work, gender, and age group.

Wages In the Euro Area increased 4.10 percent in December of 2024 over the same month in the previous year. This dataset provides the latest reported value for - Euro Area Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Real Median Personal Income in the United States (MEPAINUSA672N) from 1974 to 2023 about personal income, personal, median, income, real, and USA.

In 2023, an employee working for a not privately held company or organization in urban areas of China earned around 120,698 yuan annually on average. That year, the year-on-year growth rate of the average salary ranged at 5.8 percent nominally and 5.5 percent real.

Regional differences in salary levels

Salary levels in urban China have seen a significant rise between 2013 and 2023. During that period, average annual salaries of employees in non-private urban units have grown from around 51,500 to 120,700 yuan per year. Yet as of 2022, large income disparities still existed between different regions in China. While employees in Shanghai enjoyed the highest annual salaries on average, Henan province and Jilin province in central and northeastern China displayed the lowest average annual salaries. Regions with lower income levels are mainly located in central China or in the former centers of steel and heavy industry in Northeast China, whereas the coastal regions and municipalities in general still provide comparatively higher salaries.

Occupational salary differences

Moreover, a considerable salary discrepancy exists between different occupational groups in China. As of 2023, people working in IT services were atop the list earning about 231,800 yuan per year on average, whereas people in the financial service sector reached approximately 197,700 yuan. The hotels and catering sector ranked at the lower end with an average annual salary of around 58,100 yuan.

Wages in the United States increased to 31.18 USD/Hour in May from 31.06 USD/Hour in April of 2025. This dataset provides - United States Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Germany increased 2.50 percent in December of 2024 over the same month in the previous year. This dataset provides the latest reported value for - Germany Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Average weekly earnings for the whole economy, for total and regular pay, in real terms (adjusted for consumer price inflation), UK, monthly, seasonally adjusted.

Wages in France increased 2.10 percent in March of 2025 over the same month in the previous year. This dataset provides - France Monthly Wages Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Russia increased 0.10 percent in March of 2025 over the same month in the previous year. This dataset provides - Russia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The graph presents the median monthly salary in the United States from 2000 to 2024. The x-axis represents the years, labeled from '00 to '24*, while the y-axis shows the salary amounts in U.S. dollars per month. Throughout this twenty-four-year period, the median monthly salary consistently increased from $2,500 in 2000 to $5,036 in 2024. The data highlights a steady upward trend, with annual salaries rising each year without any declines. Notably, the salary grew by approximately $200 each year from 2000 to 2019, surged to $4,269 in 2020, and continued to climb each subsequent year, reaching $5,000 by 2024. This consistent growth reflects economic advancements and potential increases in workforce compensation over the decade. The information is depicted in a line graph format, effectively illustrating the continuous rise in median monthly salaries across the specified years.

Wages in Manufacturing in the United States increased to 28.92 USD/Hour in May from 28.80 USD/Hour in April of 2025. This dataset provides - United States Average Hourly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages for regular pay in the United Kingdom grew by approximately 5.6 percent in March 2025, although when adjusted for inflation, wages for regular pay only grew in real terms by 1.8 percent. Twenty months of inflation outpacing wages Between November 2021 and June 2023 inflation was higher than wage growth in the UK, resulting in falling real terms earnings throughout this 20-month period. While UK inflation peaked at 11.1 percent in October 2022, it was not until April 2023 that it fell below double figures, and not until May 2024 that it reached the Bank of England's target of two percent. Forecasts from the Autumn 2024 budget predict that the annual UK inflation will for 2024 will be 2.5 percent, down from 7.3 percent in 2023 and 9.1 percent in 2022. Due to high inflation, the UK's minimum wage also rose quite significantly during this period, with the "main" rate increasing from 8.91 pounds per hour in 2021 to 12.21 pounds per hour in 2025. Average earnings and gender pay gap For full-time workers in the United Kingdom, the median average annual earnings was 37,430 British pounds in 2024, compared with 34,663 pounds in 2023. In London, average earnings were significantly higher than the rest of the country, at 47,455 pounds. Just two other areas of the United Kingdom, the South East and Scotland, had annual salaries above the UK average. North East England had the lowest average salary, at 32,960 pounds. As of 2024, the gender pay gap for median gross hourly earnings in the UK was 13.1 percent for all workers, falling to seven percent for full-time workers and -3 percent for part-time workers. Compared with 1997, when the gender pay gap was 27.5 percent for all workers, there has been a degree of progress, although, at current trends, it will be some time before the gap is closed entirely.

Graph and download economic data for Real Median Family Income in the United States (MEFAINUSA672N) from 1953 to 2023 about family, median, income, real, and USA.