How does an individual’s salary compare to the national average? How much could that be making if they moved to another country? From nations with some of the highest average salaries like Switzerland and Luxembourg to those with the lowest such as Tunisia and Bangladesh, examining income levels sheds light on the global situation.
The newly compiled data comes from FounderPass, and it is presented as a ranked list of countries with the highest and lowest average salaries and explores the factors driving these disparities.
The countries with the highest average salaries are (amounts are in U.S. dollars):
| Rank | Country | Monthly Average Net Salary After Tax |
| 1 | Switzerland | 6,632.59 |
| 2 | Luxembourg | 5,302.90 |
| 3 | Singapore | 4,764.75 |
| 4 | United States | 4,554.66 |
| 5 | Hong Kong | 4,175.31 |
| 6 | Qatar | 4,068.56 |
| 7 | Denmark | 3,650.57 |
| 8 | Australia | 3,504.87 |
| 9 | Netherlands | 3,481.56 |
| 10 | United Arab Emirates | 3,434.47 |
The data was taken from numbeo.com.
Switzerland tops the list with some of the highest average salaries globally. Much of this relates to the financial sector and technology industry. Luxembourg boasts high average salaries driven by its thriving financial services sector, strategic location in Europe, and favourable tax policies.
The countries with the lowest average salaries are:
| Rank | Country | Monthly Average Net Salary After Tax |
| 86 | Tunisia | 302.45 |
| 87 | Libya | 295.33 |
| 88 | Algeria | 291.11 |
| 89 | Bangladesh | 246.95 |
| 90 | Iran | 236.24 |
| 91 | Nepal | 217.34 |
| 92 | Sri Lanka | 191.24 |
| 93 | Venezuela | 190.17 |
| 94 | Pakistan | 177.48 |
| 95 | Egypt | 117.85 |
| 96 | Nigeria | 64.32 |
With the bottom three nations, Pakistan faces a multitude of economic hurdles. Widespread poverty, limited job opportunities, and income inequality contribute to lower average salaries across the country.
In Egypt, ongoing economic reforms aim to address long-standing issues of income inequality and poverty. As Africa’s most populous nation and largest economy, Nigeria holds immense potential. However, economic challenges such as corruption, infrastructure deficits, and high unemployment rates hinder progress.
