- List of countries by employee compensation (per hour)
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The compensation of employees per hour is a measure for the financial well-being of a country's inhabitants. A similar measure is the GDP per capita. However, gross domestic product (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.
Average compensation per hour
The following table lists the average compensation of employees per hour in purchasing power parity (PPP) in the respective countries, which includes wages and salaries as well as employers social contributions. The figures are calculated from data published by the OECD.[1] Note that some OECD countries are not listed, like Japan and the UK.
Rank Country 2007 $ PPP 1 USA
$33.0 2 Netherlands
$31.5 3 Norway
$31.1 4 France
$30.4 5 Austria
$28.0 6 Germany
$27.8 7 Sweden
$26.2 8 Denmark
$24.8 9 Canada
$23.5 10 Finland
$22.6 11 Ireland
$22.5 12 Italy
$22.5 13 Poland
$22.1 14 Spain
$21.9 15 Cyprus
$17.7 References
See also
- List of countries by average wages
- List of countries by monthly average wage
- List of sovereign states in Europe by net average wage
- International ranking of household income
- List of countries by GDP (PPP) per capita
- OECD
- Wages and salaries
Economic classification of countries Developed country · Developing country · Least developed country · High income economy · Newly industrialized country · Heavily Indebted Poor Countries Worlds Theory GDP Purchasing power parity (PPP)By country (future estimates · per capita [future estimates] · per hour worked, per person employed)GNI per capita List of countries by GNI (nominal) per capita · List of countries by GNI (PPP) per capitaWages Other national accounts Human development Digital divide Lists of countries by GDP rankings Nominal Purchasing power parity (PPP) Per capita · Past to 1 AD (per capita) · Future (per capita) · Per hour · Per person employed · Relative differences between bordering countries per capitaGrowth Gross national income (GNI) Nominal · PPPCountries by region Africa (nominal · PPP) · Latin America & Caribbean (nominal · PPP) · North America (nominal · PPP) · South America (nominal · PPP) · Arab League · Asia · Asia & Pacific (nominal · nominal per capita · PPP) · Former Soviet Republics · Europe (nominal · nominal per capita · PPP · PPP per capita) · OceaniaSubnational divisions Argentina · Australia · Brazil · Canada · Chile (per capita) · China (per capita · top cities) · Croatia · France · Germany · India · Indonesia · Italy · Japan · Mexico · Pakistan · Russia · South Korea (per capita) · Spain · U.S. (comparison with countries)
Top country subdivisions by GDP (nominal)Lists of countries by financial rankings · Lists by country · List of international rankings · List of top international rankings by country Categories:- Lists by economic indicators
- Lists of countries by per capita values
- Gross Domestic Product
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