What is the average salary in the World 2020?

What is the average salary in the World 2020?

That gives you the answer – the world’s average salary is $1,480 (£928) a month, which is just less than $18,000 (£11,291) a year. But these dollars are not normal US dollars. The economists use specially adjusted exchange rates – the average salary is calculated in Purchasing Power Parity (PPP) dollars.

What is the average salary globally?

According to 2013 data from Gallup, the median household income worldwide was $9,733 (PPP, Current Int$). Countries with the lowest median income included Libera, Burundi, Mali, Benin, Togo, Sierra Leone, and Madagascar.

Which country has highest average salary?

Average income around the world

Rank Country Avg. income per month
1 Monaco 15,507 $
2 Switzerland 7,026 $
3 Luxembourg 6,125 $
4 Australia 4,478 $

What is the average salary in the US 2021?

According to the latest data from the U.S. Bureau of Labor Statistics (BLS), the annual mean wage for a full-time wage or salary worker in the United States is $53,490 per year or $1,028 per week (for a 40-hour work week).

What country has the highest minimum wage?

Countries With The Highest Minimum Hourly Wages In The World, 2019. Interestingly, Australia, Luxembourg, New Zealand, France, and the Netherlands offer the highest minimum hourly wages in the world, according to data from Germany’s Wirtschafts-und Sozialwissenschaftliches Institut (WSI).

What country has the highest salary?

OECD Countries With The Highest Salaries. Luxembourg. Luxembourg is the top country among the OECD states with the highest income of about 63 million dollars a year.

What country has the most GDP per capita?

China has the largest GDP in the world. It produced $25.3 trillion in 2018. But its GDP per capita was only $18,120 because it has four times the number of people as the United States.

What is the average income worldwide?

The average per capita income worldwide is $10,298, according to the World Bank — and the differences in income between the poorest countries and richest countries in the world is staggering.