Economy

What is the Average Monthly Salary in the World in 2020?

An individual’s income is an important factor to determine the growth of our economic system. While we tend to separate humans into different countries and regions of the world, there’s currently no official data about the average income per person in the world.

But, we love data so we dug around a bit to find an answer. We must notify you that the data covers only 166 countries (the data is not available for all countries). Nevertheless, the data below may provide a close figure to the monthly average net salary by country in 2020.

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The Monthly Average Salary by Country in 2020 (After Tax)

Country	Average Monthly Net Salary (After Tax)	Country	Average Monthly Net Salary (After Tax)
Liechtenstein	5,866.45	Fiji	583.76
Switzerland	5755.61	Guatemala	576.89
Singapore	3328.58	Zambia	576.24
United States	3319.54	Solomon Islands	546.52
Denmark	3230.43	Malawi	545.34
Qatar	3226.37	Mauritius	532.4
Australia	2882.03	Argentina	524.54
Iceland	2822.33	Montenegro	521.47
Norway	2773.32	Bolivia	505.28
Hong Kong	2766.95	Ecuador	504.08
Netherlands	2683.3	Dominica	501.29
Japan	2656.7	Gabon	498.75
United Arab Emirates	2627.93	Bosnia And Herzegovina	485.35
Finland	2599.67	Kosovo (Disputed Territory)	478
Germany	2585.76	Serbia	468.76
Ireland	2543.57	Peru	459.07
Canada	2510.99	Honduras	451.16
Sweden	2508.34	Mexico	436.94
New Zealand	2411.59	India	434.1
Israel	2329.3	Turkey	430.21
United Kingdom	2302.9	Russia	422.15
South Korea	2275.17	Belarus	421
Belgium	2258.44	Turkmenistan	418.2
France	2195.83	Equatorial Guinea	415.63
Austria	2195.2	Morocco	409.56
Angola	2,191.43	Vietnam	400.62
Brunei	2,152.82	Somalia	400
Puerto Rico	1942.06	Dominican Republic	388.95
Andorra	1,910.19	North Macedonia	388.6
Kuwait	1826.3	Kenya	387.6
Bahamas	1,700.00	North Macedonia	387.39
Saudi Arabia	1655.28	Kazakhstan	377.55
Mauritania	1,610.74	Laos	375
Oman	1579.95	Brazil	365.49
Italy	1563.73	Mongolia	363.76
San Marino	1,544.21	Paraguay	358.56
Spain	1469.25	Guyana	349.43
Barbados	1,464.29	Albania	346.41
Bahrain	1423.32	Ukraine	343.83
Taiwan	1409	Iran	341.99
Estonia	1283.54	Bangladesh	334.44
Cyprus	1261.7	Armenia	324.04
Malta	1255.53	Azerbaijan	322.11
Slovenia	1249.48	Suriname	315.84
Czech Republic	1039.92	Moldova	304.03
Antigua and Barbuda	999.25	Philippines	300.4
South Africa	989.42	Tunisia	294.56
Lebanon	978.32	Colombia	291.85
Slovakia	956.53	Chad	290.94
China	950.52	Algeria	277.94
Belize	944.25	Indonesia	277.54
Portugal	939.19	Lesotho	276.36
Lithuania	920.19	Cape Verde	273.7
Congo	900	Rwanda	257.54
Trinidad And Tobago	875.21	Bhutan	255.29
Grenada	870.93	Georgia	254.50
Latvia	863.6	Sri Lanka	252.65
Djibouti	857.51	Tanzania	251.95
Croatia	849.64	Ghana	247.81
Botswana	835.56	Afghanistan	233.41
Malaysia	830.73	Uzbekistan	231.13
Poland	811.88	Egypt	221.03
Greece	804.42	Burundi	220.39
Haiti	783.86	Cameroon	217.17
Costa Rica	765.51	Pakistan	215.68
Panama	760.33	Kyrgyzstan	213.87
Saint Vincent and the Grenadines	758.58	Myanmar	209.44
Palestine	757.76	Cambodia	204.71
Tonga	740.89	Eritrea	200.03
Vanuatu	740.06	Madagascar	194.79
Namibia	701.46	Nepal	194.15
Maldives	690.46	Nigeria	182.4
Hungary	679.09	Timor-Leste	166.67
Jamaica	665.17	Niger	166.25
Bulgaria	646.43	Togo	166.25
Jordan	644.67	Burkina Faso	137.81
Romania	618.39	Tajikistan	123.95
Uruguay	617.2	Sao Tome and Principe	110.3
Chile	613.6	Mali	101.19
Seychelles	612.62	Syria	93.72
Iraq	594.55	Gambia	84.89
Thailand	587.06	Cuba	27.69
South Sudan	586.37	Venezuela	25.19

Source: numbeo.com

The Monthly Average Salary in the World in 2020

Based on the data above, the monthly average salary in the world as of 2020 is $790.04. Although it is not as accurate as the median income data, which can be found here, it provides a good indication for the global average salary per capita in 2020.

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