Highest and lowest income countries revealed – here’s where Australia ranks
Are you earning the national average or would you earn more if you moved overseas?New data from FounderPass has revealed the list of countries with the highest and lowest average salaries.See where Australia ranks.
Switzerland
Switzerland topped the list of countries globally, ranking in as the top earning country.
The average take-home pay sits at $6632 per month.
High incomes for citizens are thanks to the country’s strong financial sector, advanced technology industry and skilled workforce.
Luxembourg
The small European country of Luxembourg ranks number 2 for highest average salary globally.
Due to favourable tax policies and the country’s rich economy, workers pocket about $5302 per month.
Singapore
Singapore closely follows at number 3, with the average monthly pay sitting around $4764.
The country’s strategic location, infrastructure, and business-focused environment brings in high incomes for citizens, according to FounderPass founder Max Bramwell.
Australia
Australia is ranked at number 8 for the world’s highest salaries.
Falling behind Qatar and Denmark, Australians earn on average $3504 a month.
Sri Lanka
Sri Lanka ranked number 92 on the list with persisting poverty and unemployment, impacting wages.
Workers earn about $191 per month with those living in the regions taking home less due to limited employment opportunities.
