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.

As of 2024, Morocco had the highest average monthly salaries in Africa. Employees in the country earned around 2,030 U.S. dollars per month. South Africa and Tunisia followed, with average monthly salaries amounting to 2,026 U.S. dollars and 1,348 U.S. dollars, respectively.

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

The country with the highest minimum wage rate in Europe during the first half of 2025 was Luxembourg, with a minimum wage of 2638 euros. Ireland, the Netherlands, and Germany were the countries with the next highest minimum wages, all above 2000 euros a month, while Albania, Bulgaria, and Montenegro had the lowest minimum wages in the same period.

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.

Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

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.

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.

Azerbaijan Average Monthly Salary data was reported at 1,043.600 AZN in Mar 2025. This records a decrease from the previous number of 1,062.900 AZN for Feb 2025. Azerbaijan Average Monthly Salary data is updated monthly, averaging 298.200 AZN from Jan 1995 (Median) to Mar 2025, with 363 observations. The data reached an all-time high of 1,062.900 AZN in Feb 2025 and a record low of 6.800 AZN in Jan 1995. Azerbaijan Average Monthly Salary data remains active status in CEIC and is reported by The State Statistical Committee of the Republic of Azerbaijan. The data is categorized under Global Database’s Azerbaijan – Table AZ.G009: Average Monthly Salary: Statistical Classification of Economic Activities Rev 2.

As of the first half of 2023, Australia had the highest net salaries in the Asia-Pacific region at an average 4,172 U.S. dollars per month. In contrast, the average monthly net salary in Pakistan amounted to 154 U.S. dollars per month in the same period.

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.

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

In the three months to March 2025, average weekly earnings in the United Kingdom grew by 5.6 percent, while pay including bonuses grew by 5.5 percent, when compared with the same period leading to March 2024. In the same month, the inflation rate for the Consumer Price Index was 2.6 percent, indicating that wages were rising faster than prices that month. Average salaries in the UK In 2024, the average salary for full-time workers in the UK was 37,430 British pounds a year, up from 34,963 in the previous year. In London, the average annual salary was far higher than the rest of the country, at 47,455 pounds per year, compared with just 32,960 in North East England. There also still exists a noticeable gender pay gap in the UK, which was seven percent for full-time workers in 2024, down from 7.5 percent in 2023. Lastly, the monthly earnings of the top one percent in the UK was 15,887 pounds as of November 2024, far higher than even that of the average for the top five percent, who earned 7,641 pounds per month, while pay for the lowest 10 percent of earners was just 805 pounds per month. Waves of industrial action in the UK One of the main consequences of high inflation and low wage growth throughout 2022 and 2023 was an increase in industrial action in the UK. In December 2022, for example, there were approximately 830,000 working days lost due to labor disputes. Throughout this month, workers across various industry sectors were involved in industrial disputes, such as nurses, train drivers, and driving instructors. Many of the workers who took part in strikes were part of the UK's public sector, which saw far weaker wage growth than that of the private sector throughout 2022. Widespread industrial action continued into 2023, with approximately 303,000 workers involved in industrial disputes in March 2023. There was far less industrial action by 2024, however, due to settlements in many of the disputes, although some are ongoing as of 2025.

Jordan Avg Monthly Wage per Employee: Professionals data was reported at 678.000 JOD in 2022. This records a decrease from the previous number of 691.000 JOD for 2021. Jordan Avg Monthly Wage per Employee: Professionals data is updated yearly, averaging 547.000 JOD from Oct 2000 (Median) to 2022, with 23 observations. The data reached an all-time high of 692.000 JOD in 2019 and a record low of 338.000 JOD in 2000. Jordan Avg Monthly Wage per Employee: Professionals 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.

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.

The average nominal salary in Russia was measured at 87,952 Russian rubles per month in 2024, marking an increase of roughly 13,100 Russian rubles compared to the previous year. After the currency redenomination and the financial default in 1998, the average wage levels in the country have grown exponentially. Who gets paid more in Russia? The Russian oil and gas industry paid the highest average wage to their employees, at 152,000 Russian rubles between January and September 2021. Salaries in management and management consulting were the second-highest, followed by air transportation and software development. On average, men earned more than women across all industries in the country. For example, in the information and communications sector, the average wage of a male worker amounted to nearly 121,000 Russian rubles, compared to under 85,000 Russian rubles for a female worker. Economic inequality in Russia The national income distribution of Russian households shows a high concentration of income and wealth in the hands of few individuals. In 2021, the mean income of the top one percent exceeded 483,000 euros before income tax, compared to 7,700 euros earned by the bottom 50 percent of the population. Furthermore, the richest one percent in Russia held an average wealth of over 2.5 billion euros, whereas the personal wealth of the bottom 50 percent was measured at 3,300 euros in the same year. However, the income gap was forecast to decrease in Russia, with the Gini index expected to decline to 0.35 by 2029.

Key information about Czech Republic Monthly Earnings

• Czech Republic Monthly Earnings stood at 2,081 USD in Dec 2024, compared with the previous figure of 1,982 USD in Sep 2024
• Czech Republic Monthly Earnings data is updated quarterly, available from Mar 1998 to Dec 2024, with an average number of 1,219 USD
• The data reached the an all-time high of 2,081 USD in Dec 2024 and a record low of 314 USD in Mar 1998

CEIC converts Monthly Earnings into USD. Czech Statistical Office provides Average Gross Monthly Wages in local currency. Czech National Bank average market exchange rate is used for currency conversions. Monthly Earnings cover full time equivalent employees, taking into account their hours of workload. These employees are working under an employment contract excluding persons in public office, judges, women on maternity leave, persons on parental leave (if not simultaneously in employment), apprentices, employees of businesses not subject to statistical survey.


Further information about Czech Republic Monthly Earnings

• In the latest reports, Czech Republic Population reached 11 million people in Dec 2023
• Unemployment Rate of Czech Republic dropped to 3 % in Jan 2025
• The country's Labour Force Participation Rate increased to 61 % in Sep 2024

Chief executives, senior officials, and legislators, is the occupational group in Denmark with the highest average monthly salaries. In 2022, people with this occupation earned 111,500 Danish kroner per month on average. Administrative and commercial managers, who had the second highest average salary, earned around 35,000 kroner less than the former group. Production and specialized services managers followed in third. By comparison, the average monthly earnings in the country was 45,000 Danish kroner in 2021.

Over this 23-year period, annual wages in Spain fluctuated greatly, ranging from a low of 29,892 euros in 2006 to a high of approximately 33,253 euros in 2009. The average annual wage stood at approximately 31,945 euros in 2023. Compared to other European countries, Spain ranked fairly low in 2023. The annual salary in the Iberian country was similar to salaries in Italy and Slovenia, but remained far from the figures that were registered in France, Ireland, and Germany. Minimum wage Spain's minimum monthly wage was 1,134 euros as of 2024. Unlike the average annual wage, it has been constantly increasing on a nearly continuous basis since 2008, when the minimum wage was 600 euros per month. In 2019, the Socialist government of Spain passed a law by that increased the national minimum wage by 164 euros, therefore making it stand at 900 euros per month and reflecting the largest increase to date. Along with the monthly wage, the national minimum daily wage has also been raised consistently over the past years. In 2024, the gross minimum was 37.8 euros a day, whereas in 2000 it was 20 euros a day. Unequal pay The average salary in Spain diverges considerably according to different factors. For instance, the gender salary gap remains significant in the Mediterranean country, although it has shrunk in recent years. In 2022, the average salary for a male full-time employee was around nine percent higher than his female counterpart. The gender gap is even wider for permanent positions: that year, average annual salaries for women were roughly 6,000 euros less than average salaries for men. The salary gap is also conspicuous when looking at the wage for workers with disabilities, a gap that has increased in recent years. Geographic location is also important; the average net salary in regions such as Extremadura and the Canary Islands was less than 23,100 euros per year in 2022, far from the salary in the Basque Country and Madrid (32,300 and 31,200 euros, respectively).