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.
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.
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 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.
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.
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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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.
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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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.
As of 2024, Morocco had the highest average monthly salaries in Africa. Employees in the country earned around ***** U.S. dollars per month. South Africa and Tunisia followed, with average monthly salaries amounting to ***** U.S. dollars and ***** U.S. dollars, respectively.
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 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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The European Union Statistics on Income and Living Conditions (EU-SILC) collects timely and comparable multidimensional microdata on income, poverty, social exclusion and living conditions.
The EU-SILC collection is a key instrument for providing information required by the European Semester ([1]) and the European Pillar of Social Rights, and the main source of data for microsimulation purposes and flash estimates of income distribution and poverty rates.
AROPE remains crucial to monitor European social policies, especially to monitor the EU 2030 target on poverty and social exclusion. For more information, please consult EU social indicators.
The EU-SILC instrument provides two types of data:
EU-SILC collects:
The variables collected are grouped by topic and detailed topic and transmitted to Eurostat in four main files (D-File, H-File, R-File and P-file).
The domain ‘Income and Living Conditions’ covers the following topics: persons at risk of poverty or social exclusion, income inequality, income distribution and monetary poverty, living conditions, material deprivation, and EU-SILC ad-hoc modules, which are structured into collections of indicators on specific topics.
In 2023, in addition to annual data, in EU-SILC were collected: the three yearly module on labour market and housing, the six yearly module on intergenerational transmission of advantages and disadvantages, housing difficulties, and the ad hoc subject on households energy efficiency.
Starting from 2021 onwards, the EU quality reports use the structure of the Single Integrated Metadata Structure (SIMS).
([1]) The European Semester is the European Union’s framework for the coordination and surveillance of economic and social policies.
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.
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Key information about United States Monthly Earnings
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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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.
Germany had an average salary of 65.7 thousand U.S dollars per year in 2023, the highest among the five largest European economies. Germany has consistently had the highest wages in Europe over the last thirty years. Many countries in Europe experienced a significant decrease in their average wage level following the global financial crisis of 2008, with France and Germany bucking this trend by retaining robust wage growth. While British wages have stagnated since the crash, only surpassing their 2007 level in 2019, Italian and Spanish wages have in fact fallen, driven by the macroeconomic troubles of these countries since the Eurozone crisis.
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Key information about Russia Household Income per Capita
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Average Monthly Nominal Wages: CF: City of Moscow data was reported at 162,124.100 RUB in 2024. This records an increase from the previous number of 138,881.800 RUB for 2023. Average Monthly Nominal Wages: CF: City of Moscow data is updated yearly, averaging 30,552.100 RUB from Dec 1992 (Median) to 2024, with 33 observations. The data reached an all-time high of 162,124.100 RUB in 2024 and a record low of 5.900 RUB in 1992. Average Monthly Nominal Wages: CF: City of Moscow 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.
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.