10 countries with the highest average salary - rating

 Economists warn of a difficult economic period ahead, many predict a future recession. However, the good news is that there are still job opportunities in the labor market. Are you considering a career change in 2024? Or do you want to explore the possibility of receiving a higher salary abroad? Here is the list of countries with the highest average monthly salary in 2024.

According to a report by CEOWORLD magazine, gross average monthly wages (in US dollars at current exchange rates) were compared across countries to determine which countries pay the highest and lowest wages. The highest paid countries in 2024 were Switzerland ($8111), Luxembourg ($6633), USA ($6455), Iceland ($6441), Norway ($5665), Denmark ($5642), Canada ($5081), Greenland ($4665), Ireland ($4622 ), the Netherlands ($4581).

It is worth noting that the highest paying jobs are offered by the fields of finance, insurance, electricity, mining, information technology, retail and education. On the other hand, administrative support, hotel and restaurant business and construction are the lowest paying industries. However, when comparing salaries in different countries, it is important to factor in inflation. In recent years, high rates of inflation have been observed in many countries, which can affect purchasing power. These inflation rates are largely driven by the pandemic and related supply chain disruptions. In addition, geopolitical risks such as the war in Ukraine, the strategic competition between the US and China, the conflict in the Middle East, the geopolitical competition between India and China, and the economic slowdown in China have exacerbated these problems, exacerbating the energy crisis and supply delays. Unfortunately, the current conflict between Israel and Hamas can only worsen this situation.

10 countries with the highest average salary

Switzerland

Luxembourg

USA

Iceland

Norway

Denmark

Canada

Greenland

Ireland

Netherlands

The total number of places in the rating was 196. Ukraine took 107th place in terms of average salary.

10 countries with the lowest average wages

Senegal

Liberia

Madagascar

Niger

Mauritania

North Korea

Small

Malawi

Anglo

Lesotho