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TwitterOf the seven largest developed economies, in 2023, the United States had the highest average wage by a significant margin at over 77,000 U.S. dollars per year. Canada had the second highest annual average wages, followed by Germany. Meanwhile, Japan had the lowest average wages out of the seven largest developed economies.
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TwitterAs of 2023, Rwanda had the lowest average monthly salary of employees in the world in terms of purchasing power parities (PPP), which takes the average cost of living in a country into account. Gambia had the second lowest average wages, with Ethiopia in third. Of the 20 countries with the lowest average salaries in the world, 17 were located in Africa. On the other hand, Luxembourg had the highest average monthly salaries of employees.
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TwitterLuxembourg had the highest average annual wage in Europe in 2024, at approximately ****** U.S. dollars when adjusting for purchasing power parity (PPP). Greece, which had an average annual salary of less than *******U.S dollars a year, had the lowest among the countries provided in this statistic.
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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.
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Kenya Average Wage Earnings data was reported at 894,232.800 KES in 2023. This records an increase from the previous number of 864,750.100 KES for 2022. Kenya Average Wage Earnings data is updated yearly, averaging 617,900.550 KES from Jun 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 894,232.800 KES in 2023 and a record low of 366,613.600 KES in 2008. Kenya Average Wage Earnings data remains active status in CEIC and is reported by Kenya National Bureau of Statistics. The data is categorized under Global Database’s Kenya – Table KE.G009: Average Wage Earnings: by Sector and Industry: International Standard of Industrial Classification Rev 4.
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This dataset provides values for WAGES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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TwitterLuxembourg had the highest average monthly salary of employees in the world in 2024 in terms of purchasing power parities (PPP), which takes the average cost of living in a country into account. Belgium followed in second, with the Netherlands in third.
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The "**Salary Data Worldwide**" dataset provides insights into wage statistics across different countries and continents. It includes information on median, average, lowest, and highest salaries, categorized by country and continent. This dataset can be valuable for analyzing salary disparities and trends worldwide.
Columns:
country_name - The name of the country. continent_name - The name of the continent where the country is located. wage_span - The frequency of salary data (e.g., Monthly). median_salary - The median salary in the country/region. average_salary - The average salary in the country/region. lowest_salary - The lowest reported salary in the country/region. highest_salary - The highest reported salary in the country/region. This dataset is a valuable resource for conducting global salary analyses, understanding salary distributions, and making cross-country salary comparisons. It can be used by data analysts, researchers, and policymakers interested in labor market trends and salary-related insights.
Usage: This dataset is suitable for exploratory data analysis (EDA), statistical analysis, and creating data visualizations to better understand salary data trends across countries and continents.
Acknowledgments: The data sources for this dataset may vary, and it's important to cite the original sources when using the dataset for analysis or research.
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Key information about Russia Household Income per Capita
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This dataset provides values for WAGES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Key information about Taiwan Household Income per Capita
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Key information about Japan Household Income per Capita
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. U.S. Bureau of Labor Statistics provides Average Weekly Earnings in USD. Monthly Earnings include Private Non Agricultural sector only.
Further information about United States Monthly Earnings
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Key information about UK Household Income per Capita
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This dataset provides values for AVERAGE HOURLY EARNINGS reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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This dataset provides values for WAGES IN MANUFACTURING reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Key information about Argentina Household Income per Capita
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TwitterAverage net earnings in the European Union was ****** Euros for a single person with no children in 2024, while for a couple with children who both worked it was ****** Euros. Among countries in Europe, *********** was the country with the highest net earnings in 2024, followed by ****************************************. The lowest net earnings were found in Bulgaria and Romania, where a single person without children earned on average less than ****** Euros in 2024.
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Key information about Indonesia Monthly Earnings
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This data collection has been discontinued in 2012. Data is only available up to reference year 2011.
Annual data on average gross earnings and related employment are included in the Gross earnings - Annual data collection.
Data are available for EU Member States, Norway, Iceland and Switzerland. Data are also broken down by:
From reference year 2008 onwards average gross annual earnings per employee are provided
Before 2008: data is broken down by economic activity (NACE Rev. 1.1 for Sections C to K and the C-E, C-F, G-I, J-K, G-K, C-K and for some Member States L, M-O, L-O and also C-O aggregates)
Countries provide these annual data using several statistical sources mainly the four-yearly SES, the EU Labour Force Survey and/or administrative data.
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TwitterOf the seven largest developed economies, in 2023, the United States had the highest average wage by a significant margin at over 77,000 U.S. dollars per year. Canada had the second highest annual average wages, followed by Germany. Meanwhile, Japan had the lowest average wages out of the seven largest developed economies.