6 datasets found
  1. Average annual earnings for full-time employees in the UK 1999-2024

    • statista.com
    • flwrdeptvarieties.store
    Updated Dec 6, 2024
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    Statista (2024). Average annual earnings for full-time employees in the UK 1999-2024 [Dataset]. https://www.statista.com/statistics/1002964/average-full-time-annual-earnings-in-the-uk/
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    Dataset updated
    Dec 6, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    1999 - 2024
    Area covered
    United Kingdom
    Description

    The median annual earnings for full-time employees in the United Kingdom was approximately 37,430 British pounds in 2024, compared with 34,963 pounds in the previous year. At the start of the provided time period, in 1999, the average full-time salary in the UK was 17,803 pounds per year, with median earnings exceeding 20,000 pounds per year in 2002, and 30,000 by 2019. Wages continue to grow faster than inflation in 2024 Between November 2021 and July 2023 inflation was higher than wage growth in the UK, with wages still outpacing inflation as of April 2024. At the peak of the recent wave of high inflation in October 2022, the CPI inflation rate reached a 41-year-high of 11.1 percent, wages were growing much slower at 6.1 percent. Since that peak, inflation remained persistently high for several months, only dropping below double figures in April 2023, when inflation was 8.7 percent, down from 10.1 percent in the previous month. For 2023 as a whole, the average annual rate of inflation was 7.3 percent but is forecast to fall to 2.2 percent in 2024, and 1.5 percent in 2025. Highest and lowest-paid occupations As of 2023, the highest-paid occupation in the UK was that of Chief Executives and Senior Officials, who had an average weekly pay of approximately, 1,576 pounds. By contrast, the lowest-paid occupation that year was that of retail cashiers, and check-out operators, who earned approximately 383 pounds a week. For industry sectors as a whole, people who worked full-time in the electricity, gas, steam and air conditioning supply sector had the highest average earnings, at 955 pounds a week, compared with 505 pounds a week in the accommodation and food services sector, the lowest average earnings in 2023.

  2. Average full-time hourly wage in the UK 1997-2024

    • statista.com
    Updated Dec 16, 2024
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    Statista (2024). Average full-time hourly wage in the UK 1997-2024 [Dataset]. https://www.statista.com/statistics/280687/full-time-hourly-wage-uk/
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    Dataset updated
    Dec 16, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    The median hourly earnings for full-time employees in the United Kingdom was 18.72 British pounds in 2024, compared with 17.48 pounds in the previous year. At the start of this provided time period, in 1997, the average hourly wage in the UK was 7.92 pounds per hour, rising to more than ten pounds per hour by 2003, and above 15 pounds per hour by 2020. Minimum and living wage in the UK In the United Kingdom, employers are expected to pay their employees a minimum wage that is determined by how old they are. Under 18s for example, had a minimum wage of 5.28 British pounds in 2023, with the figure increasing to 7.49 pounds those aged 18 to 20, 10.18 for 21 to 22 year old's, and 10.42 for those aged 23 and over. There is also a voluntarily paid living Wage that employers can choose to pay their workers. For the 2023/24 financial year this was twelve pounds an hour, rising to 13.15 pounds an hour for workers based in London. Icelandic the highest earners in Europe Iceland had the highest average annual wage in the Europe in 2022 at around 79,500 U.S dollars. This was followed by Luxembourg at 78,300 dollars, Switzerland at 72,990 and Belgium at 64,850 dollars. The United Kingdom’s average annual wage amounted to around 53,985 U.S dollars in the same year. In this year, the country with the lowest annual salary in Europe was Greece, at 25,980 pounds per year.

  3. Average disposable income per household UK 1977-2023

    • statista.com
    Updated Dec 2, 2024
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    Statista (2024). Average disposable income per household UK 1977-2023 [Dataset]. https://www.statista.com/statistics/816864/disposable-income-per-household-uk/
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    Dataset updated
    Dec 2, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    In 2022/23 the mean disposable income per household in the United Kingdom was 40,916 British pounds, while the median disposable income for households was 34,462 pounds

  4. Average annual wages in Germany 1991-2023

    • statista.com
    Updated Dec 6, 2024
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    Statista (2024). Average annual wages in Germany 1991-2023 [Dataset]. https://www.statista.com/statistics/416207/average-annual-wages-germany-y-on-y-in-euros/
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    Dataset updated
    Dec 6, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Germany
    Description

    As of 2023, the average annual wage of Germany was 48,301 euros per year, a growth of almost 6,000 Euros when compared with 2000. From 2000 until 2007, wages rose by less than a thousand euros, with wage growth accelerating mainly in the period after 2010. Comparisons with rest of the EU Within the European Union Luxembourg had an average annual salary of almost 80 thousand Euros, with Germany having an annual salary comparable to other large European Countries, such as the United Kingdom and France. In neighboring Poland, the average annual salary was just over 39 thousand U.S dollars, meaning that German’s earned, on average, 20 percent more than what their Polish counterparts did. German economy slowing in 2023 While Germany initially had one of the strongest recoveries from the 2008 financial crash and as of 2020 had the largest economy in Europe its economy has started to slow in recent years. For 2023 the German economy is contracted by 0.26 percent, and while 2024 marked a slight improvement, the expectations are that 2025 remains a year of slow growth.

  5. McDonald's net income 2005-2024

    • statista.com
    Updated Aug 1, 2024
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    McDonald's net income 2005-2024 [Dataset]. https://www.statista.com/topics/1444/mcdonalds/
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    Dataset updated
    Aug 1, 2024
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Statista Research Department
    Description

    Globally famous brand McDonald’s recorded a net income of approximately 8.22 billion U.S. dollars in 2024. The net income of a business is its income minus cost of goods sold, expenses, and taxes for a specific period (in this case it is measured over the course of a year).The company's fiscal year ends on December 31st.

  6. Operating income of McDonald's globally 2006-2024

    • statista.com
    Updated Aug 1, 2024
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    Statista Research Department (2024). Operating income of McDonald's globally 2006-2024 [Dataset]. https://www.statista.com/topics/1444/mcdonalds/
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    Dataset updated
    Aug 1, 2024
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Statista Research Department
    Description

    Global fast food burger chain McDonald's reported an operating income of approximately 11.71 billion U.S. dollars in 2024. This shows a slight increase over the previous year's total of 11.65 billion U.S. dollars.

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Statista (2024). Average annual earnings for full-time employees in the UK 1999-2024 [Dataset]. https://www.statista.com/statistics/1002964/average-full-time-annual-earnings-in-the-uk/
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Average annual earnings for full-time employees in the UK 1999-2024

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12 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Dec 6, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
1999 - 2024
Area covered
United Kingdom
Description

The median annual earnings for full-time employees in the United Kingdom was approximately 37,430 British pounds in 2024, compared with 34,963 pounds in the previous year. At the start of the provided time period, in 1999, the average full-time salary in the UK was 17,803 pounds per year, with median earnings exceeding 20,000 pounds per year in 2002, and 30,000 by 2019. Wages continue to grow faster than inflation in 2024 Between November 2021 and July 2023 inflation was higher than wage growth in the UK, with wages still outpacing inflation as of April 2024. At the peak of the recent wave of high inflation in October 2022, the CPI inflation rate reached a 41-year-high of 11.1 percent, wages were growing much slower at 6.1 percent. Since that peak, inflation remained persistently high for several months, only dropping below double figures in April 2023, when inflation was 8.7 percent, down from 10.1 percent in the previous month. For 2023 as a whole, the average annual rate of inflation was 7.3 percent but is forecast to fall to 2.2 percent in 2024, and 1.5 percent in 2025. Highest and lowest-paid occupations As of 2023, the highest-paid occupation in the UK was that of Chief Executives and Senior Officials, who had an average weekly pay of approximately, 1,576 pounds. By contrast, the lowest-paid occupation that year was that of retail cashiers, and check-out operators, who earned approximately 383 pounds a week. For industry sectors as a whole, people who worked full-time in the electricity, gas, steam and air conditioning supply sector had the highest average earnings, at 955 pounds a week, compared with 505 pounds a week in the accommodation and food services sector, the lowest average earnings in 2023.

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