Data source: Average Annual Wages OECD

Tools used: Matplotlib

Posted by oscarleo0

18 comments
  1. Average wage is a real shit statistic. use median. The average wage in the US is 40k if you do not include the top 1%. and because the wages of the the income brackets differ so much based on country, you cannot compare the average.

  2. Would be interested to see median or something like that. Average in US is up 45% but I suspect that covers a big difference across different income brackets. If 97 people in the US went from on average 40k to 50k, but 3 rich people at the same time went from 500k to 1 million, that would be around the same average increase. Considering we know how insanely much richer the top 1% has become just since Covid I would not be surprised at all if the 97 actually have negative development

  3. All the statistics I see about Luxembourg make it seem like a really interesting place to live

    and also an excellent place to send your money

  4. I wonder why people in Japan don’t want to have kids

  5. The increase from Lithuania, Latvia and Estonia is incredible, which I’m assuming is from them joining the EU (in 2004 for all three).

  6. Use median or buying power. That would be more representative

  7. This is either incorrect or is using the actual average instead of the median

  8. If this would be done in median, Switzerland would be higher than Luxembourg.

  9. 55 to 65k in Germany… wtf? Where? How?

    I literally have colleges who have PHD’s working full time in Banking and they are just a few k above that!

  10. Is this pre or after tax? Would make a big difference to go from pre to after, countries like France and Denmark would drop, US and Canada would go up.

  11. Either something is very wrong in your data or you you are using some very strange ppp basket but Colombians don’t earn more than Mexicans and don’t earn 28k on average even after ppp.

    Maybe your data only includes formal economy workers so you are basically just getting top end Colombian workers.

    Something is wrong under the hood.

  12. Average person in Turkey earns nowhere near 40k usd in a year. Our median wage is around 600 usd a month (or 7200 yearly). I am a software developer with 5+ year experience and even people similar to me cannot pass 25k usd yearly on average. The data is crazy wrong.

  13. The US is artifically high, the comparison is bad, the US suffers from the same issue as some of the other countries on the list, where the public sector is basically non-existant in supporting it’s citizens.

    From that higher salary you need to pay for healthcare, save for pension and potential unemployment, a lot of services like phone and internet are some of the most expensive in the world, you likely need a car per person as their is no public transport alternative, generally you pay for everything, the hidden cost of a non-functioning public sector.

  14. Ha. Health care costs alone knocks USA down to 20th. Add in education cost, childcare costs, time off allowances… these are all things that affect…ONLY THE USA… ha ha, poor loser USA. You are like the guy who spends all his money on a car but too broke to buy gas, and insurance, and take your girlfriend out, and pay rent… 😭

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