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Mapped: Average Wages in OECD CountriesPublished 4 days ago on February
20, 2025
By Govind Bhutada
Article/Editing:
Niccolo Conte
See this visualization first on the Voronoi app.
This infographic visualizes the highest and lowest average annual wages
across 34 OECD countries, showing how wages vary globally.
Mapped: Average Wages in OECD Countries
This was originally posted on our Voronoi app. Download the app for free
on iOS or Android and discover incredible data-driven charts from a
variety of trusted sources.
Salaries can vary widely across countries due to factors like economic productivity, cost of living, and purchasing power.
Even within the Organisation for Economic Co-operation and Development (OECD)โa group of mostly high-income economiesโwages differ
significantly, with some countries offering four times as much pay as
others.
This infographic uses data from the OECD to map the average annual wages
across 34 member countries as of 2023. The OECD calculates average wages
by dividing each countryโs total annual wage bill by the average number
of employees (full-time equivalent).
Wage figures are presented in U.S. dollars after purchasing power parity
(PPP) adjustments, which help account for cost-of-living differences
between nations.
Which Countries Have the Highest Wages?
European countries dominate the highest-paying OECD job markets, with Luxembourg leading the pack at nearly $90,000 per year. With Iceland
($87K) and Switzerland ($83K), that makes Europe home to the top three highest-wage nations.
Below is a detailed look at how average annual wages vary across 34 OECD nations:
10
entries per page
Search:
Rank Country Average Annual Wage (USD, PPP-adjusted, 2023)
1 Luxembourg ๐ฑ๐บ $89,767
2 Iceland ๐ฎ๐ธ $87,421
3 Switzerland ๐จ๐ญ $83,332
4 United States ๐บ๐ธ $80,115
5 Belgium ๐ง๐ช $73,206
6 Norway ๐ณ๐ด $71,972
7 Austria ๐ฆ๐น $71,167
8 Netherlands ๐ณ๐ฑ $70,185
9 Denmark ๐ฉ๐ฐ $69,525
10 Australia ๐ฆ๐บ $67,101
Showing 1 to 10 of 35 entries
Search:
Rank Country Average Annual Wage (USD, PPP-adjusted, 2023)
11 Canada ๐จ๐ฆ $66,211
12 Germany ๐ฉ๐ช $65,719
13 France ๐ซ๐ท $59,087
14 OECD ๐ $58,232
15 New Zealand ๐ณ๐ฟ $58,097
16 Sweden ๐ธ๐ช $57,996
17 Finland ๐ซ๐ฎ $57,860
18 United Kingdom ๐ฌ๐ง $57,617
19 Ireland ๐ฎ๐ช $56,809
20 Slovenia ๐ธ๐ฎ $55,660
Rank Country Average Annual Wage (USD, PPP-adjusted, 2023)
21 Spain ๐ช๐ธ $51,336
22 Israel ๐ฎ๐ฑ $50,964
23 Korea ๐ฐ๐ท $49,062
24 Italy ๐ฎ๐น $48,874
25 Lithuania ๐ฑ๐น $48,864
26 Japan ๐ฏ๐ต $46,792
27 Poland ๐ต๐ฑ $41,050
28 Latvia ๐ฑ๐ป $38,740
29 Portugal ๐ต๐น $37,500
30 Estonia ๐ช๐ช $37,404
Rank Country Average Annual Wage (USD, PPP-adjusted, 2023)
31 Czechia ๐จ๐ฟ $37,366
32 Slovak Republic ๐ธ๐ฐ $31,733
33 Hungary ๐ญ๐บ $31,709
34 Greece ๐ฌ๐ท $30,238
35 Mexico ๐ฒ๐ฝ $20,474
โน1234โบ
The United States ($80K) and Australia ($67K) stand out as the only non-European countries in the top 10. Across all OECD countries, the
average wage stands at around $58,000 per year.
Comparing the highest- and lowest-wage countries reveals a stark
difference. At the bottom of the list, Mexico has the lowest average
wages of just over $20,000 per yearโless than a quarter of what the
average worker earns in Luxembourg.
How Are Wages Changing?
While wealthier nations consistently top the wage rankings, Eastern
European countries have seen the fastest real wage growth over the past
three decades.
Specifically, Lithuania, Latvia, and Estoniaโonce part of the former
Soviet blocโhave significantly increased wages since 1995, each by more
than 200%.
Meanwhile, the Netherlands, Italy, and Japan have seen the lowest real
wage growth between 1995 and 2023. Japan stands out for stagnation, with
its real wages falling by 4% since 1995.
Learn More on the Voronoi App
Which countries will see the fastest wage growth over this decade? Find
out in this infographic on the Voronoi app: Projections: Annual GDP per
Capita Growth Rates.
Related Topics:united stateseuropeoecdwagesmexicosalaryaverage incomeluxembourgU.S.OECD productivityWage growthAnnual income
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