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Individual differences |
Methods | Statistics | Clinical | Educational | Industrial | Professional items | World psychology |
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.
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.
Average full time wages (PPP)Edit
|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|
|8||Template:Country data Belgium||40,591|
|9||Template:Country data Norway||40,177|
|10||Template:Country data Denmark||39,143|
|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|
- Compensation of employees (per hour)
- International ranking of household income
- List of countries by GDP (PPP) per capita
- Wages and salaries
- ↑ http://www.oecd.org/document/22/0,3343,en_2649_39023495_43221014_1_1_1_1,00.html#hours How do OECD labour markets perform?
- GDP per capita by country Interactive GDP chart that allows filtering by various national groupings (such as NATO, EU, BRIC, ASEAN etc.)
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