Average Annual Wages
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This dataset on remuneration of employment contains data on average annual wages per full-time and full-year equivalent employee in the total economy.

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Bibliographic citation:
Organisation for Economic Co-operation and Development: OECD Employment and Labour Market Statistics(2020 Edition). UK Data Service. https://doi.org/10.5257/oecd/labour/2020

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25th February 2021

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Start: 1990
End: 2019

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Real compensation per employee (instead of real wages) are considered for Chile, Iceland, Mexico and New Zealand.

Average Annual WagesAbstract

This dataset on remuneration of employment contains data on average annual wages per full-time and full-year equivalent employee in the total economy.

Contact person/organisation

Get in touchhttps://ukdataservice.ac.uk/about-us/contactDirect source

Bibliographic citation:
Organisation for Economic Co-operation and Development: OECD Employment and Labour Market Statistics(2020 Edition). UK Data Service. https://doi.org/10.5257/oecd/labour/2020

Reference period

Start: 1990
End: 2019

Date last updated

25th February 2021

Geographic coverage

In order to facilitate analysis and comparisons over time, historical data for OECD members have been provided over as long a period as possible, often even before a country became a member of the Organisation. Information on the membership dates of all OECD countries can be found at OECD Ratification Dates.

OECD Ratification Dateshttp://www.oecd.org/about/membersandpartners/list-oecd-member-countries.htm
Key statistical concept

Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.

The data are available in:
- Current prices in NCU
- 2019 constant prices and NCU
- 2019 USD PPPs and 2019 constant prices

NCU: National Currency Units

For further details on these estimates, please see the documentation files below.

OECD Employment Outlook 2020http://www.oecd.org/employment/outlook/OECD Employment Databasehttp://www.oecd.org/employment/emp/onlineoecdemploymentdatabase.htmComparable Estimates of Average Wages per Full-Time Equivalent Employee (PDF)metadata/OECD/ELM/AVERAGE_WAGES_2020.pdf
Recommended uses and limitations

Real compensation per employee (instead of real wages) are considered for Chile, Iceland, Mexico and New Zealand.