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.

Uruguay was the Latin American country with the highest average monthly salary as of 2024, with a net value of around 1,088 U.S. dollars per month, followed by Costa Rica, with 947 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.

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.

Average net earnings in the European Union was 26,136 Euros for a single person with no children in 2022, while for a couple with children who both worked it was 55,573 Euros. Among countries in Europe, Switzerland was the country with the highest net earnings in 2022, followed by Iceland, Luxembourg, and Norway. The lowest net earnings were found in Bulgaria and Romania, where a single person without children earned on average less than 9,000 Euros in 2022.

Key information about United States Monthly Earnings

• United States Monthly Earnings stood at 4,901 USD in Feb 2025, compared with the previous figure of 4,887 USD in Jan 2025
• US Monthly Earnings data is updated monthly, available from Mar 2006 to Feb 2025, with an average number of 3,469 USD
• The data reached the an all-time high of 4,901 USD in Feb 2025 and a record low of 2,743 USD in Mar 2006

CEIC calculates Monthly Earnings from Average Weekly Earnings multiplied by 4. 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

• In the latest reports, US Population reached 341 million people in Dec 2024
• Unemployment Rate of US increased to 4 % in Feb 2025
• The country's Labour Force Participation Rate remained the same rate at 62 % in Feb 2025

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.

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.

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.

Key information about Indonesia Monthly Earnings

• Indonesia Monthly Earnings stood at 187 USD in Dec 2024, compared with the previous figure of 190 USD in Dec 2023
• Indonesia Monthly Earnings data is updated yearly, available from Dec 1991 to Dec 2024, with an average number of 103 USD
• The data reached the an all-time high of 192 USD in Dec 2022 and a record low of 34 USD in Dec 1998

CEIC shifts year-end for annual Monthly Earnings. CEIC converts Monthly Earnings into USD. Statistics Indonesia provides Monthly Average Wage in local currency. The Bank of Indonesia average market exchange rate is used for currency conversions. Monthly Earnings are reported in annual frequency, ending in August of each year.


Further information about Indonesia Monthly Earnings

• In the latest reports, Indonesia Population reached 275 million people in Dec 2022
• Unemployment Rate of Indonesia dropped to 5 % in Aug 2024
• The country's Labour Force Participation Rate increased to 71 % in Aug 2024

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.

Key information about US Household Income per Capita

• United States Annual Household Income per Capita reached 40,722.000 USD in Dec 2023, compared with the previous value of 39,167.917 USD in Dec 2022.
• US Annual Household Income per Capita data is updated yearly, available from Dec 1984 to Dec 2023, with an averaged value of 21,116.200 USD.
• The data reached an all-time high of 40,722.000 USD in Dec 2023 and a record low of 9,024.615 USD in Dec 1984.
• In the latest reports, Retail Sales of US grew 0.967 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from annual Household Income and Average Household Size. U.S. Bureau of Labor Statistics provides Household Income and Average Household Size.

This dataset provides values for MINIMUM WAGES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about Thailand Monthly Earnings

• Thailand Monthly Earnings stood at 442 USD in Dec 2024, compared with the previous figure of 470 USD in Nov 2024
• Thailand Monthly Earnings data is updated monthly, available from Jan 2001 to Dec 2024, with an average number of 349 USD
• The data reached the an all-time high of 479 USD in Dec 2020 and a record low of 145 USD in Jan 2002

CEIC converts Monthly Earnings into USD. The Bank of Thailand provides Monthly Average Wage in local currency based on ISIC Rev. 4. Federal Reserve Board average market exchange rate is used for currency conversions. Monthly Earnings prior to January 2011 are based on ISIC Rev. 3.


Further information about Thailand Monthly Earnings

• In the latest reports, Thailand Population reached 66 million people in Dec 2024
• Unemployment Rate of Thailand dropped to 1 % in Dec 2024
• The country's Labour Force Participation Rate dropped to 69 % in Dec 2024

As 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.

Luxembourg had the highest average annual wage in Europe in 2023, at approximately 89,700 U.S. dollars when adjusting for purchasing power parity (PPP). Greece, which had an average annual salary of less than 30,238 U.S dollars a year, had the lowest among the countries provided in this statistic.

Graph and download economic data for Personal income per capita (A792RC0A052NBEA) from 1929 to 2024 about personal income, per capita, personal, income, GDP, and USA.

Key information about Panama Monthly Earnings

• Panama Monthly Earnings stood at 1,288 USD in Aug 2023, compared with the previous figure of 1,287 USD in Aug 2022
• Panama Monthly Earnings data is updated yearly, available from Aug 1970 to Aug 2023, with an average number of 520 USD
• The data reached the an all-time high of 1,422 USD in Aug 2018 and a record low of 198 USD in Aug 1970

CEIC converts Monthly Earnings into USD. The National Institute of Statistics and Census provides Average Monthly Earnings in local currency. The International Monetary Fund average market exchange rate is used for currency conversions. Monthly Earnings are in annual frequency, ending in August of each year.


Further information about Panama Monthly Earnings

• In the latest reports, Panama Population reached 5 million people in Jun 2024
• Unemployment Rate of Panama dropped to 7 % in Aug 2023
• The country's Labour Force Participation Rate increased to 62 % in Aug 2023

Average Monthly Nominal Wages: Far East Federal District (FE) data was reported at 98,327.700 RUB in 2024. This records an increase from the previous number of 85,449.200 RUB for 2023. Average Monthly Nominal Wages: Far East Federal District (FE) data is updated yearly, averaging 23,157.800 RUB from Dec 1994 (Median) to 2024, with 31 observations. The data reached an all-time high of 98,327.700 RUB in 2024 and a record low of 380.500 RUB in 1994. Average Monthly Nominal Wages: Far East Federal District (FE) data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GC008: Average Monthly Wages: by Region.

Key information about Georgia Household Income per Capita

• Georgia Annual Household Income per Capita reached 2,228.200 USD in Dec 2023, compared with the previous value of 1,662.822 USD in Dec 2022.
• Georgia Annual Household Income per Capita data is updated yearly, available from Dec 2001 to Dec 2023, with an averaged value of 1,235.122 USD.
• The data reached an all-time high of 2,228.200 USD in Dec 2023 and a record low of 341.976 USD in Dec 2002.
• In the latest reports, Retail Sales of Georgia grew 5.043 % YoY in Jun 2024.

CEIC calculates Annual Household Income per Capita by deducting Borrowing from Total Receivables and multiplied by 12 and converts it into USD. The National Statistics Office of Georgia provides Average Household Income per Capita in local currency. The National Bank of Georgia average market exchange rate is used for currency conversions. Net Income is used.

Graph and download economic data for Average Weekly Earnings of All Employees, Total Private (CES0500000011) from Mar 2006 to May 2025 about earnings, establishment survey, private, employment, and USA.