Countries by average annual wage, 2024
Luxembourg had the highest average annual wage of 36 countries in 2024, at 97,462 USD at PPP. Mexico had the lowest, at 24,140 USD at PPP. The median was 59,972 USD at PPP. Source: the Organisation for Economic Co-operation and Development.
All countries, 2024
Full ranking
| Rank | Countries | 2024 | Change on 2023 |
|---|---|---|---|
| 1 | Luxembourg | 97,462 | +1.1% |
| 2 | Switzerland | 92,161 | +1.5% |
| 3 | United States | 85,546 | +2% |
| 4 | Netherlands | 78,683 | +3.5% |
| 5 | Belgium | 78,614 | +1.5% |
| 6 | Denmark | 77,883 | +3.6% |
| 7 | Austria | 77,703 | +4.1% |
| 8 | Germany | 74,854 | +2.6% |
| 9 | Norway | 72,294 | +1.3% |
| 10 | Australia | 71,238 | -0.3% |
| 11 | Ireland | 68,849 | +0.1% |
| 12 | Canada | 67,768 | +1.1% |
| 13 | United Kingdom | 65,842 | +1.9% |
| 14 | Finland | 62,393 | +0.5% |
| 15 | South Korea | 60,909 | +2.9% |
| 16 | Sweden | 60,905 | +1.3% |
| 17 | New Zealand | 60,469 | +0.6% |
| 18 | Slovenia | 60,079 | +4.1% |
| 19 | France | 59,865 | +0.4% |
| 20 | Türkiye | 57,275 | +19% |
| 21 | Israel | 57,135 | +1% |
| 22 | Spain | 57,083 | +1.4% |
| 23 | Lithuania | 54,865 | +6% |
| 24 | Italy | 53,243 | +1% |
| 25 | Japan | 50,421 | +0.9% |
| 26 | Poland | 46,916 | +8.8% |
| 27 | Costa Rica | 44,431 | 0% |
| 28 | Portugal | 44,144 | +4.2% |
| 29 | Latvia | 43,265 | +5.8% |
| 30 | Czechia | 41,954 | +3.3% |
| 31 | Estonia | 40,458 | +3.7% |
| 32 | Hungary | 37,852 | +6.5% |
| 33 | Slovakia | 37,248 | +3.6% |
| 34 | Greece | 32,503 | +3.4% |
| 35 | Colombia | 30,133 | +1.9% |
| 36 | Mexico | 24,140 | +4.3% |
Other periods
About this ranking
Average annual gross wage per full-time equivalent employee in the whole economy, in US dollars at constant prices and purchasing power parities for private consumption of the OECD's current base year. The OECD divides the national accounts wage bill by the average number of employees and converts the result to full-time equivalents with usual weekly hours.
A mean, not a median, so high earners pull it up. The OECD moves the price base forward each year and restates every past year, so values change when a new base is published; the source title names the base year.
Every value in the ranking comes from the same publisher and the same period, so the countries are compared on one definition. 1 countries with data in other periods have no value for 2024 and are left out rather than filled from another source. Equal values share a rank.
How to cite
OECD. OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40AV_AN_WAGE&df[ag]=OECD.ELS.SAE. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.htmlUse this data in your AI agent
Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:
Rank Countries by average annual wage using official data, and cite the source.
rank_places {"indicator":"average_annual_wage_usd_ppp","level":"country","limit":10}
GET https://invokely.ai/api/v1/rank?indicator=average_annual_wage_usd_ppp&level=country&limit=10Questions
Which country has the highest average annual wage?
Luxembourg, with 97,462 USD at PPP in 2024, according to the Organisation for Economic Co-operation and Development.
Which country has the lowest average annual wage?
Mexico, with 24,140 USD at PPP in 2024.
Where does this ranking come from?
Every value comes from one source and one period, so the places are comparable: Organisation for Economic Co-operation and Development, OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE). Retrieved 2026-10-12. 1 countries have no value for 2024 and are not ranked.