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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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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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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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TwitterSaudi Arabia had the highest average income per adult of the G20 in terms of purchasing power parity (PPP) in 2022. It was also the country with the **** highest average income worldwide that year. Meanwhile, India recorded the lowest average income at ***** PPP euros.
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Graph and download economic data for Constant GDP per capita for High Income Countries (NYGDPPCAPKDHIC) from 1960 to 2024 about per capita, income, and GDP.
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Graph and download economic data for Constant GDP per capita for Low Income Countries (NYGDPPCAPKDLIC) from 1980 to 2024 about per capita, income, and GDP.
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TwitterIn 2023, four Caribbean nations were the countries with the highest gross national income per capita in Latin America and the Caribbean. On average, the national gross income amounted to around 31,990 U.S. dollars per person in the Bahamas, an island country which also had one of the highest gross domestic product per capita in this region. Outside the Caribbean Excluding the Caribbean, the economies with the highest national income per capita are generally located in South America, with the exceptions of Panama, Costa Rica and Mexico. Guyana leads among continental states with a national income of around 20.360 U.S. dollars per person. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. The biggest economies Brazil and Mexico are still miles ahead in the race for the biggest economy of Latin America. As of 2023, both nations exceeded the two trillion U.S. dollars mark in their Gross Domestic Product (GDP). While Argentina's GDP, third place, slightly surpassed the 600 billion U.S. dollars. Nonetheless, both nations also ranked as the most populated by far in the region.
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The average for 2024 based on 58 countries was 58042 U.S. dollars. The highest value was in Singapore: 132570 U.S. dollars and the lowest value was in Barbados: 19946 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.
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The average for 2024 based on 177 countries was 27291 U.S. dollars. The highest value was in Singapore: 132570 U.S. dollars and the lowest value was in Burundi: 836 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.
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Key information about Russia Household Income per Capita
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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 Georgia Household Income per Capita
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Quality of Life Indicators: Average and median income by geographical area. Annual. National.
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This dataset provides values for AVERAGE ANNUAL 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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The figures presented here do not take into account differences in the cost of living in different countries, and the results vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations change a country's ranking from one year to the next, even though they often make little or no difference to the standard of living of its population.
GDP per capita is often considered an indicator of a country's standard of living; however, this is inaccurate because GDP per capita is not a measure of personal income.
Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. (See List of countries by GDP (PPP) per capita.) PPP largely removes the exchange rate problem but not others; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.
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This dataset provides values for GROSS AVERAGE MONTHLY 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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The average for 2021 based on 71 countries was 27.53 percent. The highest value was in Colombia: 43.7 percent and the lowest value was in Slovakia: 19.1 percent. The indicator is available from 1963 to 2023. Below is a chart for all countries where data are available.
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This dataset provides values for GDP PER CAPITA 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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TwitterThe statistic above provides the ranking of countries by median self-reported per-capita income. Between 2006 and 2012, the median per-capita income in Norway was about 19,308 U.S. dollars.
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TwitterBermuda has the highest average income per adult in the world, reaching over ******* euros when accounting for purchasing power parity (PPP). Isle of Man and Qatar followed behind.
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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.