LFS - Average annual wages
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OECD estimates based on OECD (2023), OECD Economic Outlook, Volume 2023 Issue 1, OECD Publishing, Paris, https://doi.org/10.1787/16097408 and OECD Annual National Accounts Prices and Purchasing Parities Database, https://stats.oecd.org/Index.aspx?DataSetCode=SNA_TABLE4.
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Data updated June each year.
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Average wages are converted in USD PPPs using 2022 USD PPPs for private consumption and are deflated by a price deflator for private final consumption expenditures in 2022 prices.

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

LFS - Average annual wagesContact person/organisation

ELS.Contact@OECD.org

Data source(s) used
OECD estimates based on OECD (2023), OECD Economic Outlook, Volume 2023 Issue 1, OECD Publishing, Paris, https://doi.org/10.1787/16097408 and OECD Annual National Accounts Prices and Purchasing Parities Database, https://stats.oecd.org/Index.aspx?DataSetCode=SNA_TABLE4.
Link to Release calendar
Data updated June each year.
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

This dataset contains data on average annual wages per full-time and full-year equivalent employee in the total economy.  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. For more details, see: http://www.oecd.org/els/oecd-employment-outlook-19991266.htm and http://www.oecd.org/employment/emp/onlineoecdemploymentdatabase.htm

The data, from 1990 to 2022 are available in :

  • Current prices in NCU
  • in 2022 constant prices and NCU
  • in 2022 USD PPPs and 2022 constant prices

NCU: National currency units 

Data for 2022 are provisional.

For further details on these estimates, please see http://www.oecd.org/els/emp/AVERAGE_WAGES.pdf

Aggregation and consolidation

Average wages are converted in USD PPPs using 2022 USD PPPs for private consumption and are deflated by a price deflator for private final consumption expenditures in 2022 prices.

Recommended uses and limitations

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