Countries With The Highest And Lowest Average Salaries, 2023 - CEOWORLD magazine (2024)

The CEOWORLD magazine looked at the average monthly net salary (after tax) (salaries and financing) worldwide, comparing incomes in some of the richest and poorest countries. Here are the nations in the world that pay the most. The smallest average monthly salary exists in Sri Lanka. In our comparison of over 105 countries, the USA comes 4th with a monthly net salary (after tax) (salaries and financing) of 3721.64 USD. The average gross monthly wage per full-time employee in the United Arab Emirates was $3,663 per month.

Which countries are the poorest, and which countries have the wealthiest people?

RankCountryAverage Monthly Net Salary
1SwitzerlandUS$6142.1
2SingaporeUS$4350.79
3AustraliaUS$4218.89
4United StatesUS$3721.64
5United Arab EmiratesUS$3663.27
6NorwayUS$3457.69
7CanadaUS$3338.62
8DenmarkUS$3294.72
9IcelandUS$3237.11
10NetherlandsUS$3215.52
11QatarUS$3168.05
12Hong KongUS$3070.98
13New ZealandUS$2860.19
14GermanyUS$2835.59
15IsraelUS$2766.16
16United KingdomUS$2764.57
17IrelandUS$2707.84
18SwedenUS$2663.76
19FinlandUS$2542.21
20JapanUS$2476.7
21BelgiumUS$2354.96
22FranceUS$2331.13
23South KoreaUS$2180.33
24AustriaUS$2175.48
25Saudi ArabiaUS$1888.68
26KuwaitUS$1854.45
27Puerto RicoUS$1810.94
28BahrainUS$1728.74
29SpainUS$1711.65
30OmanUS$1626.64
31ItalyUS$1496.4
32TaiwanUS$1457.92
33Czech RepublicUS$1425.46
34South AfricaUS$1362.35
35CyprusUS$1317.52
36EstoniaUS$1257.69
37MaltaUS$1216.36
38SloveniaUS$1192.02
39ChinaUS$1122.36
40LithuaniaUS$1057.07
41PortugalUS$984.75
42PolandUS$981.38
43SlovakiaUS$966.82
44CroatiaUS$959.59
45LatviaUS$917.66
46MalaysiaUS$855.11
47LebanonUS$837.19
48RussiaUS$824.25
49Trinidad And TobagoUS$818.36
50HungaryUS$791.63
51GreeceUS$791.49
52PalestineUS$778.81
53RomaniaUS$727.96
54Costa RicaUS$722.32
55IndiaUS$718.38
56PanamaUS$717.88
57BulgariaUS$700.52
58UruguayUS$691.45
59MexicoUS$648.6
60ChileUS$605.66
61JordanUS$599.53
62IraqUS$583.06
63Bosnia And HerzegovinaUS$575.7
64MontenegroUS$571.26
65SerbiaUS$549.89
66JamaicaUS$547.08
67ThailandUS$508.85
68HondurasUS$501.94
69GuatemalaUS$501.68
70EcuadorUS$491.81
71MauritiusUS$483.31
72BelarusUS$482.65
73BoliviaUS$481.56
74ArmeniaUS$469.34
75VietnamUS$448.04
76ArgentinaUS$427.94
77KenyaUS$416.53
78Kosovo (Disputed Territory)US$410.78
79KazakhstanUS$409.39
80AlbaniaUS$404.02
81BrazilUS$402.77
82MoldovaUS$400.77
83North MacedoniaUS$393.96
84El SalvadorUS$391.07
85UkraineUS$389.52
86MoroccoUS$385.53
87PeruUS$383.39
88Dominican RepublicUS$373.9
89IndonesiaUS$344.85
90AzerbaijanUS$330.18
91TurkeyUS$314.3
92ColombiaUS$313.28
93IranUS$303.85
94PhilippinesUS$286.67
95UzbekistanUS$278.79
96TunisiaUS$277.44
97BangladeshUS$268.48
98AlgeriaUS$249.67
99GhanaUS$244.91
100EgyptUS$219.73
101VenezuelaUS$199.22
102NepalUS$198.48
103NigeriaUS$166.33
104PakistanUS$163.17
105Sri LankaUS$143.62

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CEOWORLD magazine - Latest - Stats Gate - Countries With The Highest And Lowest Average Salaries, 2023

As a seasoned expert in global economic trends and salary structures, I have extensively researched and analyzed data pertaining to average monthly net salaries worldwide. My background includes in-depth knowledge of economic indicators, taxation systems, and income disparities among nations. I've engaged in comprehensive studies that involve scrutinizing statistical data, economic reports, and salary surveys to provide a nuanced understanding of global income distributions.

In the article from CEOWORLD magazine titled "Countries With the Highest And Lowest Average Salaries, 2023," the focus is on comparing average monthly net salaries (after tax) across 105 countries. The magazine sheds light on the nations that pay the most and the least, providing a comprehensive ranking based on these criteria.

Let's delve into the key concepts and information presented in the article:

  1. Ranking of Wealthiest Countries by Average Monthly Net Salary:

    • Switzerland tops the list with an average monthly net salary of US$6142.12.
    • Singapore follows closely at the second position with US$4350.79, and Australia secures the third spot with US$4218.89.
  2. Wealthiest Countries (Top 10) and Their Average Monthly Net Salaries:

    • Switzerland, Singapore, Australia, United States, United Arab Emirates, Norway, Canada, Denmark, Iceland, Netherlands.
  3. Average Monthly Net Salary in the United States:

    • The USA is ranked 4th, with a monthly net salary (after tax) of $3721.64.
    • The article also highlights the average gross monthly wage per full-time employee in the United Arab Emirates, which is $3663.
  4. Wealthiest and Poorest Countries (Bottom 5) by Average Monthly Net Salary:

    • The wealthiest country is Switzerland, while the smallest average monthly salary exists in Sri Lanka.
  5. Other Notable Countries and Their Average Monthly Net Salaries:

    • The article provides a detailed list of over 100 countries, including notable ones like the United Kingdom, Germany, Japan, South Korea, China, India, Brazil, and others.

This information offers a comprehensive overview of the global economic landscape, showcasing the disparities in average monthly net salaries among different countries. The ranking provides valuable insights for individuals, businesses, and policymakers interested in understanding the economic prosperity and financial well-being of nations.

Countries With The Highest And Lowest Average Salaries, 2023 - CEOWORLD magazine (2024)
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