Max Bramwell, the founder of FounderPass, has revealed a ranked list of countries with the highest and lowest average salaries in the country.
Bramwell named Nigeria, Egypt, Libya and Tunisia, among others as countries with the lowest average salaries globally.
Exploring the factors driving the disparities, Bramwell said: “How does your salary compare to the national average? How much could you be making if you moved to another country?
“From nations with some of the highest average salaries like Switzerland and Luxembourg to those with the lowest such as Tunisia and Bangladesh, examining income levels sheds light on how much a move could make you – or cost you.”
In an article, Bramwell also named the countries with the highest salary average after-tax to include Switzerland, Luxembourg, Singapore, the United States, and Hong Kong.
Others include Qatar, Denmark, Australia, Netherlands, United Arab Emirates, and Switzerland.
According to Bramwell: ‘Renowned for its high standard of living and strong economy, Switzerland tops the list with some of the highest average salaries globally.’ The country’s robust financial sector, advanced technology industry, and skilled workforce contribute to its prosperity and high-income levels for its citizens.
Luxembourg
As one of the wealthiest countries in the world, Luxembourg boasts high average salaries driven by its thriving financial services sector, strategic location in Europe, and favourable tax policies. The country’s stable economy and high living standards make it an attractive destination for professionals seeking lucrative job opportunities.
