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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.
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.
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.
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.
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Key information about United States 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.
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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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.
Luxembourg had the highest average annual wage in Europe in 2024, at approximately ****** U.S. dollars when adjusting for purchasing power parity (PPP). Greece, which had an average annual salary of less than *******U.S dollars a year, had the lowest among the countries provided in this statistic.
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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.
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Key information about Russia Household Income per Capita
Japan recorded the lowest growth rate in average wages of the three advanced major economies included here over recent years.
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China Average Wage: Urban Non-private: Year to Date data was reported at 120,698.000 RMB in Dec 2023. This records an increase from the previous number of 114,029.000 RMB for Dec 2022. China Average Wage: Urban Non-private: Year to Date data is updated quarterly, averaging 13,935.500 RMB from Dec 1999 (Median) to Dec 2023, with 70 observations. The data reached an all-time high of 120,698.000 RMB in Dec 2023 and a record low of 2,096.000 RMB in Mar 2000. China Average Wage: Urban Non-private: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GC: Average Wage: by Industry: Urban Non-private. [COVID-19-IMPACT]
Saudi 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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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.
Worldwide, minimum net monthly wages vary from almost ***** U.S. dollars in Luxembourg to ** dollars in Nigeria as of January 2024. Minimum wages must be seen in relation with price levels in a country. One popular way to measure purchasing power is the Big Mac Index.
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Average Wage: On Duty: Hunan: Changsha data was reported at 121,171.000 RMB in 2022. This records an increase from the previous number of 114,805.000 RMB for 2021. Average Wage: On Duty: Hunan: Changsha data is updated yearly, averaging 34,887.870 RMB from Dec 1996 (Median) to 2022, with 27 observations. The data reached an all-time high of 121,171.000 RMB in 2022 and a record low of 5,849.000 RMB in 1996. Average Wage: On Duty: Hunan: Changsha data remains active status in CEIC and is reported by Changsha Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GG: Average Wage: On Duty: Prefecture Level City.
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Key information about Thailand Monthly Earnings
In 2024, Iceland had the highest annual average net earnings among single people without children earning 100 percent of the average earnings in the Nordic countries, with approximately ****** euros annually. Meanwhile, Sweden and Finland had the lowest average earnings in the region with ****** and ****** euros annually, respectively. Average earnings in the Nordic countries are significantly higher than the EU average.
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Average Wage: On Duty: Zhejiang: Huzhou data was reported at 106,718.000 RMB in 2021. This records an increase from the previous number of 97,620.000 RMB for 2020. Average Wage: On Duty: Zhejiang: Huzhou data is updated yearly, averaging 32,649.000 RMB from Dec 1996 (Median) to 2021, with 26 observations. The data reached an all-time high of 106,718.000 RMB in 2021 and a record low of 6,776.000 RMB in 1996. Average Wage: On Duty: Zhejiang: Huzhou data remains active status in CEIC and is reported by Huzhou Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GG: Average Wage: On Duty: Prefecture Level City.
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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.