List of Average Wages per Country

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The average wage is a measure for the financial well-being of a country's inhabitants. A similar measure is GDP per capita. However, GDP (on the income side) = compensation of employees + gross operating surplus/mixed income + taxes on production - subsidies. This way, various components increase the GDP that are not directly contributing to the well-being of citizens. In particular, the gross operating surplus consists of corporate profits, which is money that companies save, reinvest, or pay to their shareholders in the form of dividends (who may be located outside the country). Even in the case of reinvestment, much of the money moves offshore, especially with larger multi-national companies. In order to measure the part of the income generated by the domestic economy that is actually earned by the employees, it is better to break down the GDP to its components and consider only wages and salaries.

Methodology

The data presented represents full-time average annual gross wages and salaries in the entire economy. The figure is derived by taking the national accounts aggregate of wages and salaries, dividing them by the national accounts aggregate for average employment, and multiplying by the ratio of average weekly working hours per full-time employee to average weekly working hours for all employees. The calculations were made by the OECD. Wages and salaries are a component of the GDP on the income side.

Since PPP conversion is a universally accepted way to compare income (including wages), the data listed are in PPPs (for private consumption).^{[citation needed]}

Average full time wages (PPP)

Rank	Country	2007 $ PPP
1	Template:Country data Luxembourg	49,663
2	Template:Country data United States	49,483
3	Template:Country data Ireland	44,013
4	Template:Country data Switzerland	42,980
5	Template:Country data Netherlands	42,514
6	Template:Country data Australia	42,019
7	Template:Country flag2	40,825
8	Template:Country data Belgium	40,591
9	Template:Country data Norway	40,177
10	Template:Country data Denmark	39,143
11	Template:Country flag2	38,682
12	Template:Country data France	35,430
13	Template:Country data Germany	35,292
14	Template:Country data Sweden	33,586
15	Template:Country data Japan	31,773
16	Template:Country data Finland	31,211
17	Template:Country data Italy	29,198
18	Template:Country data Spain	28,871
19	Template:Country data South Korea	27,587
20	Template:Country data Greece	26,929
21	Template:Country data Hungary	21,161
22	Template:Country data Czech Republic	18,922
23	Template:Country data Portugal	18,300
24	Template:Country data Poland	15,446

See also

• Compensation of employees (per hour)
• International ranking of household income
• List of countries by GDP (PPP) per capita
• OECD
• Wages and salaries

External links

• GDP per capita by country Interactive GDP chart that allows filtering by various national groupings (such as NATO, EU, BRIC, ASEAN etc.)

Template:GDP country lists