What do South Africans earn per month

Average income worldwide

The world's highest income is earned in Monaco. You have to get by with the least amount of money in South Sudan. In our comparison of 80 countries, Germany ranks 18th with an annual income of 43,412 euros.

The average income is calculated from the gross national product and the number of inhabitants. If you divide all earnings and profits of all inhabitants of a country (= gross national income) by the number of inhabitants, you get the average income per person. This includes all wages and salaries, but also other income, e.g. from investment income.

The average gross annual wage per employee in Germany in 2019 was 37,188 euros, i.e. around 3,099 euros per month (167 euros more than in the previous year). If you only take the full-time employees, it was 3,994 euros per month.

The official figures are recalculated annually by various institutions such as the World Bank, the International Monetary Fund or the OECD. Unfortunately, there is no standardized procedure for differentiating between inflation, currency fluctuations or purchasing power, so all evaluations always come up with different results.

The above list is therefore calculated using the Atlas method from the quotient of the gross national income (formerly also called "gross national product") and the population of the country. For both values ​​we use the last official figures, which are usually those of the previous year. For the vast majority of countries, the table above is based on data from 2019. In a few countries, however, these initial figures are not collected or published regularly and may therefore be older or official estimates by the above-mentioned institutions.

Survive on 35 euros a month?

The lower end of the table shows it clearly: We are doing very well in Germany. Almost all countries with a noticeably low income are also developing countries with unstable political and economic conditions. The figures are entirely correct in terms of content, but only reflect what is actually recorded by the authorities. In many countries, anyone who does not register their trade or who works illegally will never be found or prosecuted. However, their work performance and sales of goods are not recorded in the statistics of the governments. And that in turn reduces the gross national income. Such numbers should therefore always be viewed with a bit of caution.

Difference between wages and income

The wage or salary is paid to a worker for his or her work in an employment relationship. So a self-employed person has neither wages nor salaries, but still an income. Workers or employees can also have additional income in addition to their wages or salaries. This includes, for example, income from capital gains (including securities or interest) or rentals.

The income of a person is the sum of all income together. At first glance, this may sound a little imprecise in a country comparison, since companies also generate income. Regardless of whether this is a small tailor shop on the corner or a listed company, this company also belongs to people. The ownership of these owners increases to the same extent as the income of their companies.

Gross National Income

The income is always assigned to the "residents". These are the people who also predominantly live in the respective country. You do not necessarily have to have citizenship for this, your usual place of residence is sufficient. This income also includes income that these residents earn in another country. So if a Mexican worker earns his living in the United States during the day, but while he lives in Mexico, his income counts towards Mexico. If he actually resides in the USA for at least 6 months a year, he becomes a resident within the USA and his income counts there.
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