Highest paying countries

Highest paying countries in the World, in 2014

on April 25 | in All, Rankings | by | with 3 Comments

If you ever wondered about which were the top paying countries in the World, you can know know the approximated average pay that people actually get in each of them. The following list comprises a total of 10 countries, in a ranking ordered by the highest average wages offered in a full year of work.

The following income values are presented in US dollars and they all already contemplate each country’s post-tax deductions. Therefore, there might be cases where the average gross income in a particular country was actually higher than some other, but since it’s under a more penalizing tax system, it ends up paying a smaller net amount of money.

A few curiosities stand out from this list though and we could start by simply pointing out that Europe dominates 6 of the top 10 spots, with Ireland and Luxembourg representing the “Old Continent” in the podium (in 2nd and 3rd place respectively). Leading this ranking as the highest paying country in the World in 2014 is the United States, with its yearly figures estimated to be around 42.000 US dollars.

Another important fact to have in mind is that this list only concerns average net paying salaries/wages, and therefore they can’t be interpreted as an accurate life-quality measure or any sort of a wealth scale. In order to properly assess the true purchasing power that each of these salaries allow for people to have, we would have to also take into consideration the cost of life inherent to each of these countries under analysis.

Nevertheless, the best paying countries list is presented to you below:

The top 10 highest paying countries in the World, in 2014:

#1 – United States
Yearly average wage: $42.000 USD
Population: 313.9 million
Map location / Continent: North America

United States map

 

#2 – Ireland
Yearly average wage: $41.000 USD
Population: 4.5 million
Map location / Continent: Europe

Ireland map

 

#3 – Luxembourg
Yearly average wage: $38.000 USD
Population: 0.5 million
Map location / Continent: Europe

Luxembourg map

 

#4 – Switzerland
Yearly average wage: $35.000 USD
Population: 8 million
Map location / Continent: Europe

Switzerland map

 

#5 – Australia
Yearly average wage: $35.000 USD
Population: 22.6 million
Map location / Continent: Australia

Australia map

 

#6 – United Kingdom
Yearly average wage: $33.000 USD
Population: 63.2 million
Map location / Continent: Europe

United Kingdom map

 

#7 – Canada
Yearly average wage: $32.000 USD
Population: 34.9 million
Map location / Continent: North America

Canada map

 

#8 – Norway
Yearly average wage: $31.000 USD
Population: 5 million
Map location / Continent: Europe

Norway map

 

#9 – South Korea
Yearly average wage: $31.000 USD
Population: 50 million
Map location / Continent: Asia

South Korea map

 

#10 – Netherlands
Yearly average wage: $29.000 USD
Population: 16.7 million
Map location / Continent: Europe

Netherlands map

 

Sources: therichest.org / rediff.com

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