Of 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.
Average net earnings in the European Union was ****** Euros for a single person with no children in 2022, 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 2022, 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 2022.
Luxembourg 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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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 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 United States Monthly Earnings
This graph shows average wages around the world in 2012 as calculated by purchasing power parity. In 2012 the highest average wage was earned in Luxembourg at 4,089 purchasing power parity dollars. Wages and salaries Wages and salaries in the United States have increased during the last decades. The median weekly earnings of a full-time wage and salary worker were about 241 U.S. dollars in 1979 and shifted up to 768 U.S. dollars in 2012.
The median earnings of U.S. full-time wage and salary workers vary across their educational attainment. The highest paid workers are those who hold a bachelor’s degree, according to the U.S. Bureau of Labor Statistics.
The U.S. federal government specified minimum wage laws for workers in the United States, which say that workers must be paid no less than the current federal minimum wage. The minimum wage was set at 7.25 U.S. dollars per hour by federal law. The actual minimum wage varies from state to state, as some states have additional minimum wage laws.
For instance, the minimum wage in Washington was around 9.04 U.S. dollars per hour, while the worst minimum wage can be found in Georgia, where workers earn at least 5.15 U.S. dollars per hour. No minimum wages can be found in Tennessee, Alabama, Louisiana, South Carolina and Mississippi, as of January 1, 2012.
The number of workers paid hourly rates with earnings at or below the minimum wage in the U.S. was at its highest in the industry type of leisure and hospitality in 2013.
Recent statistics show that the share of female workers paid hourly rates at or below prevailing federal minimum wage in the United States decreased since 1979. In that year, 20.2 percent of the female wage and salary workers were paid below the federal minimum wage, while only 2.9 percent of the female workers were paid below the federal minimum wage in 2006.
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Key information about China Monthly Earnings
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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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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.
Uruguay was the Latin American country with the highest average monthly salary as of 2024, with a net value of around ***** U.S. dollars per month, followed by Costa Rica, with *** U.S. dollars per month. Employment development areas in Latin America Following the recuperation in this sector after the job losses endured throughout the COVID-19 pandemic, the unemployment rate persists in its endeavor to stabilize. Informal employment remains as the predominant actor across most Latin American countries, serving as a primary avenue for economic sustenance. Notably, the construction sector has experienced substantial growth, outpacing other relevant industries like tourism and hospitality. Poverty Throughout the past two decades, poverty levels in Latin America remain unchanged. Honduras takes the lead as the country bearing the highest poverty rate, with nearly half of its population dwelling in these circumstances. Across the region, the prevalent delineation is that of individuals classified within the non-extreme and lower-middle poverty strata, characterized by modest income levels.
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Key information about Vietnam Monthly Earnings
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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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Key information about Indonesia Monthly Earnings
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This dataset provides values for WAGE GROWTH 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 information on the average wage in various countries. Understanding the average wage in different countries is essential for economic analysis, benchmarking, and comparisons. Researchers, analysts, and policymakers can use this dataset to gain insights into global income disparities, labor market conditions, and economic trends.
The dataset comprises two primary columns: "Country" and "Gross Average Monthly Wages in 2020 (US$, at current Exchange Rates)." Each entry in the "Country" column represents a distinct country or region, while the corresponding entry in the "Gross Average Monthly Wages" column denotes the average earnings in US dollars for the specified location in the year 2020.
The "Development of Average Annual Wages" dataset, available on Kaggle, offers a comprehensive collection of average annual wage data spanning from the year 2000 to 2022. This dataset is a valuable resource for researchers, analysts, economists, and data enthusiasts interested in understanding the economic trends and wage dynamics across various countries over the past two decades.
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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.
With only 1,100 euros after accounting for purchasing power parity (PPP), Yemen had the lowest average income per adult worldwide in 2022. However, most of the countries on the list are located in Sub-Saharan Africa.
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Latvia Average Wages and Salaries: Gross: AR: Gambling and Betting Activities data was reported at 1,184.340 EUR in Jun 2018. This records an increase from the previous number of 1,032.700 EUR for May 2018. Latvia Average Wages and Salaries: Gross: AR: Gambling and Betting Activities data is updated monthly, averaging 759.345 EUR from Jan 2008 (Median) to Jun 2018, with 126 observations. The data reached an all-time high of 1,184.340 EUR in Jun 2018 and a record low of 558.460 EUR in Feb 2010. Latvia Average Wages and Salaries: Gross: AR: Gambling and Betting Activities data remains active status in CEIC and is reported by Central Statistical Bureau of Latvia. The data is categorized under Global Database’s Latvia – Table LV.G018: Average Wages and Salaries: Statistical Classification of Economic Activities Revision 2.
Of 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.