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The chart below reflects the average (mean) wage as reported by various data providers, like Eurostat. [1] The salary distribution is right-skewed, therefore more than 50% of people earn less than the average gross salary. Thus, median figures might be more representative than averages.
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
The average wage is a measure of total income after taxes divided by total number of employees employed. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP).
General minimum wage by territory, as of February 2023. This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc.) and other independent countries.
Median income in Spain has declined significantly since the recession, in some cases, such as Catalonia, median income has declined by 9.6% since 2009.Median income differs from GDP per capita because the per capita is a mean value, which can exaggerate extreme values such as the very rich or the very poor.
In Latin America, the thirteenth salary is commonly known as aguinaldo or prima in Spanish (bonus). [28] [29] Mandatory. Argentina: two equal instalments, by 30 June and 18 December. The amount of each of these payments is equal to half of the highest monthly wage in the preceding six months. [30] Bolivia: tax-free, up to one month's wages. A ...
The following list provides information relating to the minimum wages (gross) of countries in Europe. [1] [2]The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [3] Belgium (38 hours), [4] United Kingdom (38 hours), [3] Germany (38 hours), [5] Ireland (39 hours) [5] and Monaco (39 hours). [6]
This is a list of salaries of heads of state and government per year, showing heads of state and heads of government where different, mainly in parliamentary systems. Often a leader is both in presidential systems .