Want to find a job with a high monthly salary? There are countries with an average salary of Rp 90 million per month. The following business.wowkia.com has summarized the 10 highest salary countries in the world in 2024.
There are several countries with the highest salaries in the world. It is undeniable that the nominal salary is a consideration for someone to accept a job.
The payroll system in Indonesia is determined by the national minimum wage (UMK) or regional minimum wage (UMR). The amount of money received varies from country to country.
Of course, the cost of living in each region is different. Unfortunately, this amount is still small compared to other countries. Unfortunately, the debt repayment is still relatively low compared to some other countries in the world.
Which of them fall into the category of the highest-paid countries in the world.
Many countries have the reputation of being able to offer the highest salaries or wages in the world. Interestingly, most of these countries are located in Europe.
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10 List of Highest Salary Countries in the World
Here are the 10 highest paying countries in the world as reported by World of Statistic. Each of these countries has a unique industry that supports its economy.
1. Switzerland
For the highest salary countries in the world, first place goes to Switzerland. Switzerland is famous for its romantic and luxurious atmosphere. However, not only that, Switzerland is also very concerned about the welfare of its employees.
Therefore, the country ranks first in the list of the world’s highest-paid countries in 2023.
The average annual income of an employee in Switzerland is around US$6,144. The country is home to many well-known multinational companies, such as Credit Suisse, Glencore, Nestlé, Novartis, The Swatch Group, and UBS AG.
Switzerland’s strong industries are watches, textiles, chemicals, machinery, precision instruments, insurance, banking and tourism.
2. Singapore
Singapore is one of the developed countries of ASEAN. The country is located on the border of Indonesia and Malaysia. In one month, the average salary is USD4,923.
This ASEAN country is indeed the only developed country that has the highest salary in ASIA. They have very superior natural resources, although their human resources are very limited.
3. Luxembourg
Luxembourg ranks third on the list of countries with the highest salaries in the world. This country located in Western Europe is a small country but has great economic power.
Luxembourg’s gross domestic product (GDP) and GDP per capita are among the highest in the world. The country’s strong industries are real estate, aluminum, steel, glass, metals, communications, transportation, chemicals, tourism, banking, construction, and others. The country’s great prosperity means that half of the population are foreign nationals.
4. United States of America
The United States of America (USA) is a large country and is the third most expensive country in the world. The United States is considered famous for its culture, science, entertainment, and politics.
Besides being known as a superpower, the United States is also known as one of the most profitable countries in the world.
The average annual income of workers in this country is US$4,232. The country is well known for electronics, consumer, petroleum, motor vehicles, food processing, timber, aerospace, mining, chemicals, and telecommunications.
5. Iceland
The latest ranking of the 10 highest-paid countries in the world is Iceland. The country, which only has a population of around 348,580 people, records an average annual employee income of US$4,100.
Sectors that contribute to Iceland’s economic strength include geothermal energy, tourism, hydropower, fishing, aluminum smelting, and ferrosilicon production.
6. Qatar
Not only salary, employees get many benefits when working in this country. Grants for rent, transportation, free round-trip airfare for school children, up to high school.
There are two accommodation options if you are working in Qatar. Both are villas or houses for rent. The villa is a residential complex in Qatar.
There are definitely pros and cons if you choose one of them. To be sure, all workers in Qatar receive a living allowance that varies in amount.
Not only housing allowances, workers also receive transportation allowances to work, airline tickets for school children are free by the Qatari government.
Even going to the hospital is free. As a result, most foreign workers in Qatar spend money on food every day.
7. Denmark
This Scandinavian country ranks seventh among the highest-paid countries in the world. Denmark is listed as one of the least indebted countries in the world, with an average annual income of US$3,551 per year.
The main industries in Denmark are pharmaceuticals, shipping, construction, textiles, food processing, metals, chemicals, transportation equipment, electronics, furniture, and aerospace.
8. United Arab Emirates
The United Arab Emirates is located in the southeast of the Arabian Peninsula on the borders of Saudi Arabia, Oman, Qatar and Iran. The average salary earned is US$3,504 per month.
The United Arab Emirates is known as one of the largest oil-producing countries in the world. Where they are the main contributor to oil around the world.
9. Netherlands
The ninth highest-paid country in the world is held by the Netherlands. The annual income of employees in the Netherlands is recorded at US$3,483.
Major industries in countries that emit air include agro-industry, electrical appliances, machinery, metals, chemicals, construction, engineering, petroleum, fisheries, and microelectronics.
In addition, in 2017, the Netherlands became the sixth happiest country according to the United Nations World Happiness Report. The Netherlands has good infrastructure, healthcare and public education.
10. Australia
Australia is said to have the highest salaries where the average salary of an employee is US3,449 per year.
The country has a thriving tourism industry, financial services, metal and manufacturing industries, and well-developed mining. Australia also has strict immigration laws and welcomes skilled workers into the country.
Those are the 10 highest salary countries in the world that you need to know as a reference when you want to start a career. Which of these countries do you want to visit the most?
