This statistic shows the average yearly wage growth in China from 2010 to 2021. As of 2021, the average wages in China increased by 9.7 percent compared to the previous year.

Wages in the United States increased 4.46 percent in January of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Wages and Salaries Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In December 2024, inflation amounted to 2.9 percent, while wages grew by 4.2 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.

In 2024, the salary increase across India was 9.5 percent, a slight decline since last year. The salary increase in India was the highest among the Asia-Pacific countries. The salary growth is expected to stay the same in 2025 at 9.5 percent. Sectors driving growth Sectors like Pharmaceuticals, manufacturing, insurance, captives, and SSO are projecting above the general industry salary median for 2025. With its highly skilled talent pool, India’s global capability centers (GCCs) are driving the projected salary increases. Outlook The projected increase in salary in 2025 is expected to be similar to 2024. Cost management, inflation, fear of recession, and a tighter labor market are some factors leading to 2025 projections. 2023 witnessed the highest salary increase during the recorded period, with a 10 percent growth.

Wages in the United Kingdom grew by approximately 5.9 percent in January 2025, although when adjusted for inflation, wages only grew in real terms by 2.1 percent. When bonus pay is included in wage growth calculations, wages grew by 5.8 percent in nominal terms, and by 2.2 percent in real terms. 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 for 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 Average Hourly Earnings of All Employees, Total Private (CES0500000003) from Mar 2006 to Feb 2025 about earnings, average, establishment survey, hours, wages, private, employment, and USA.

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.

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 Q4 2024 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.

Wages in the United Kingdom increased 5.80 percent in January of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United Kingdom Average Weekly Earnings Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The minimum wage per day guaranteed by law in Mexico was decreed to increase by approximately 12 percent between 2024 and 2025, reaching 278.8 Mexican pesos in 2025. The Northern Free Zone located near the northern border was the exception, where the minimum daily wage increased to 419.88 Mexican pesos. Education and income disparity The income distribution is entirely a new story than minimum wages, in fact, there are many factors that influence the level of salaries for Mexican workers. One of the main differences is by the number of schooling years, someone with more than 18 years of study earns on average double than employees with seven to nine years. Moreover, the area of study, while statistics and finance mean salaries, the highest wages by degree, are above 30,000 Mexican pesos per month, others such as performing arts and theology rank as the lowest paying degrees in Mexico.
Poverty still among the main problems
Despite one of the main reasons for minimum wage increases being moving people out from poverty conditions, poverty continues to be one of the main problems Mexican society faces. The number of people living under poverty conditions has decreased by 8.54 million inhabitants from 2014 to 2022, nonetheless, the figure is still higher than 46.5 million. The poverty rate varies among states, with Chiapas leading the ranking with 67.4 percent of the population under such conditions, while both Baja California and Baja California Sur recorded less than 14 percent.

Wages in Manufacturing in the United States increased to 28.64 USD/Hour in February from 28.54 USD/Hour in January of 2025. This dataset provides - United States Average Hourly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Ireland increased 5.60 percent in December of 2024 over the same month in the previous year. This dataset provides - Ireland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the median hourly earnings of wage and salary workers in the United States was 19.24 U.S. dollars. This is an increase from 1979, when median hourly earnings were at 4.44 U.S. dollars. Hourly Workers The United States national minimum wage is 7.25 U.S. dollars per hour, which has been the minimum wage since 2009. However, each state has the agency to set their state minimum wage. Furthermore, some cities are able to create their minimum wage. Many argue that the minimum wage is too low and should be raised, because it is not considered a living wage. There has been a movement to raise the minimum wage to 15 U.S. dollars per hour, called “Fight for 15” which began in the early 2010s. While there has been no movement at the federal level, some states have moved to increase their minimum wages, with at least three states and the District of Columbia setting minimum wage rates at or above 15 dollars per hour. More recently, some proponents of increasing the minimum wage say that 15 dollars is too low, and lawmakers should strive toward a higher goal, especially given that a 2021 analysis found that the minimum wage in the U.S. should be 22.88 U.S. dollars if it grew at the same rate as economic productivity. Salary Workers On the other hand, salary workers in the United States do not get paid on an hourly basis. The median weekly earnings of salary workers have significantly increased since 1979. Asian salary workers had the highest hourly earnings in the U.S. in 2021. Among female salary workers, those ages 45 to 54 years old had the highest median hourly earnings in 2021, likewise for male salary workers.

Pakistan Average Monthly Wages data was reported at 24,028.000 PKR in 2021. This records an increase from the previous number of 21,326.000 PKR for 2019. Pakistan Average Monthly Wages data is updated yearly, averaging 12,636.500 PKR from Jun 2008 (Median) to 2021, with 10 observations. The data reached an all-time high of 24,028.000 PKR in 2021 and a record low of 6,612.000 PKR in 2008. Pakistan Average Monthly Wages data remains active status in CEIC and is reported by Pakistan Bureau of Statistics. The data is categorized under Global Database’s Pakistan – Table PK.G004: Average Monthly Wages: by Industry. No data for 2016-2017 as per source. Labour Force Survey has not been conducted for these two years due to Population Census.

Wages in Spain increased 3.52 percent in December of 2024 over the same month in the previous year. This dataset provides - Spain Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Wages in Canada increased 5.80 percent in December of 2024 over the same month in the previous year. This dataset provides - Canada Average Weekly Earnings YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Jordan Avg Monthly Wage per Employee data was reported at 546.000 JOD in 2021. This records an increase from the previous number of 534.000 JOD for 2020. Jordan Avg Monthly Wage per Employee data is updated yearly, averaging 392.000 JOD from Oct 2000 (Median) to 2021, with 21 observations. The data reached an all-time high of 546.000 JOD in 2021 and a record low of 226.000 JOD in 2000. Jordan Avg Monthly Wage per Employee data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Jordan – Table JO.G020: Average Monthly Wage per Employee.

Belgium Average Monthly Salary: Industry data was reported at 3,981.000 EUR in 2021. This records an increase from the previous number of 3,901.000 EUR for 2020. Belgium Average Monthly Salary: Industry data is updated yearly, averaging 3,110.000 EUR from Sep 1999 (Median) to 2021, with 23 observations. The data reached an all-time high of 3,981.000 EUR in 2021 and a record low of 2,238.000 EUR in 1999. Belgium Average Monthly Salary: Industry data remains active status in CEIC and is reported by Directorate-General Statistics - Statistics Belgium. The data is categorized under Global Database’s Belgium – Table BE.G036: Average Monthly Salary.