Top 10 Countries with the Highest Salaries in the World You Never Know
When does someone ask us how much salary do you have? Then most of the people are very ashamed to tell their salary. We live in one of the countries in the world where salary is less, but there are many countries in the world, if you went there, you would tell everyone that I have a good amount of salary.
But if you think that you will get the most salary in America, then I suppose you might be wrong. I will tell you about the top 10 countries with the highest salaries in the world, where the employee is given the highest salary.
10 – Belgium
Belgium is actually the land area of Europe, which was the land of the Industrial Revolution at the beginning of the 19th century. It has 0.61% of the total GDP of the world. Belgium is the largest exporter of machinery, equipment, and chemicals.
Belgium exports ready-made diamonds, metals, and foodstuffs. Yet, the Belgium economy is mainly dependent on the service sector, where the working employee gets an average of 48,093 US Dollars in 1 year.
Education is the most important contribution to make any country developed. That is why Belgium, which considered education a part of development from the beginning, is not just a developing but developed country today. Belgium has a special focus on its education policies. In 1998, a law was made under which education is completely free and compulsory up to 18 years, hence why Belgium’s literacy rate is 99%.
9 – Canada
Canada is the world’s 10th largest economy with $1.73 trillion, according to global bank data. Canada is one of the largest oil-exporting countries globally, the second-largest producer of crude oil in the world after Saudi Arabia, Russia, and Iraq. Apart from this, Canada also has excellent fish farming, i.e., fish industry.
Canada is also one of the largest countries in the world in terms of making software and video games. Canada has higher taxes than the US, but this tax provides the Canadian government free health services and other social benefits to all its citizens. Canadians work only 37-40 hours a week; The average salary paid to employees is 48,164 US Dollars per person per annum.
Uranium is produced in large quantities in Canada. 82% of the people live in the cities here, only 18% of the people live in the village. Canada is also called the country of lakes. Canada’s GDP per capita is approx. $49,222, so this country comes at 19th per capita nominal GDP.
In terms of job opportunities, the status of Canada has gone to a high level in 15 years because there will be no shortage of work here. If you want to earn money, Canada can become your first choice. Canada is a rich country. There is something to be said, whoever has a job in Canada is the king in this country.
Canada’s property is costly. It is tough for any outsider to take property in the country.
8 – Denmark
Denmark, the country of Europe, is also a Prosperous Country, known worldwide for its food. According to the World Happiness Index, this country is considered the 2nd happiest country in the world and is considered the least corrupt country. There is a lot of tax from the people there too, but the government uses it properly, so the people there happily pay the tax, but at the same time, it is not decided to give the minimum amount of wages to the people in Denmark.
This country has the lowest income inequality; this country is known as the happiest employee due to not having much difference in salary and low salary. And there is no foreign debt over Denmark, where the employees get an average of 67,218 US Dollars per annum.
The border of this country meets other countries of Europe, Sweden, Norway, and Germany. Denmark is also an urban country, and 89% of the residents live in the city, and 11% of people live in the village. Therefore, this country is considered to be the best. So, it is the people behind it. People of this country are considered to be No.1 in following the rules of this country.
Copenhagen is the capital of this country, and the port here is so clean that you can take a bath here, but look at the port of someone else’s country; you will see the difference. The biggest thing is that the population here is under control, because of which everything looks good. You will not see any unemployed people here.
Here the winds are strong throughout the year, so many people believed that there would be some difficulty staying here. But the government here turned the problem into an opportunity. Today in Denmark, 45% of electricity is produced only by strong winds.
7 – Netherlands
When it comes to GDP per capita, Netherlands ranked 11. So, the Netherlands is counted as one of the richest countries in the world. The Netherlands is the same country as Denmark because the tax rate is high here, due to which people have to pay a large part of their salary to their government, but the government, in return for this tax, provides education, health facilities to the people absolutely free of cost.
However, the economy of this country is based on international trade because it is the largest port in Europe and the whole opposite of India is deficient unemployment and inflation. Here people only work 35 hours a week, yet people in the Netherlands get an average of 60,461 US Dollars a year.
6 – Australia
Australia has the highest wage rate globally; their people earn an average of 17 US dollars for 1 hour of work, while only 6 dollars is earned in the US. Australia is the 12th largest in the world in terms of Gross Domestic Production (GDP). Australia is considered to be the largest exporter of minerals after Saudi Arabia & Russia.
The economy is the 17th largest per capita GDP. The economy is mainly concentrated around the service sector. It is one of the largest Uranium Producing countries. Here an employee gets an average of 54,148 US Dollars. Here the employee has to work for 35-40 hours a week, after that whatever work will be done there will be considered odd and will be paid separately for that.
5 – Norway
Norway is the 6th largest country in Europe. The country of Norway is called the world’s quietest country. Norway is rich in oil, hydropower, and minerals. This is why Norway is considered the richest country in the world. Norway is a country that is full of natural resources that sustain the economy.
There is also a higher tax rate in Norway, but the government gave health services and higher education for free in return. People have to work only for 30 hours a week, so people here can have more fun, yet Norway is counted as one of the happiest countries in the world. In Norway, people get an average of 69,171 US Dollars a year.
4 – Ireland
Ireland is from one of the countries that have one of the world’s highest quality standards of life and one of the most economically free countries in the world. Ireland is the agricultural hub of the United Kingdom, but its economy is dependent on Ireland’s technology industry.
These include high-tech companies, with the largest video game-making companies in the world. The tax rate in Ireland is lower than most of the European countries. The average salary of a person in Ireland is almost 99,239 US Dollars per annum.
3 – Switzerland
Switzerland is a wealthy country. One of the richest countries in Europe. Its small size makes Switzerland one of the most stable and thriving economies in the world. Along with its beauty, this country is known all over the world for its banking system.
Switzerland is a country where rich people worldwide have their black money in the Swiss Bank Accounts. Due to its beauty, this country attracts tourists worldwide and is considered a spotless country. This country is known for Manufacturing high-quality goods; manufacturing is a large part of the economic growth of this country.
Coming from the manufacturing sector, there is a demand for goods like medicines, chemicals, watches, measuring instruments, and musical instruments worldwide. However, in this country, a citizen gets an average salary of 75,880 US Dollars per annum.
2 – United States (US)
As you know, America is the largest economy in the world, and it is the world’s richest country. America’s economy is considered far more than other countries. It has the headquarters of the biggest technology companies in the world like Google, Apple, Amazon, etc.
Also, the world’s largest stock exchange, which is New York Stock Exchange, is located in the US. America is the largest Weapons Manufacturer and one of the biggest traders in the world. People of America are at the forefront of technology.
Here an employee almost works an average of 34 hours a week. The American people have to pay 29.8% tax on their salary. Yet, it comes second in the world in terms of highest salary, where the average salary of the people is 68,809 US Dollars. Still, America has the most billionaires persons in the world. The difference between the person earning the lowest is the highest globally, meaning the income inequality here is also the highest in the whole world.
Luxembourg is one of the developed countries, and its IT and banking sectors are far ahead. Many big multinational companies have offices there. Every year almost 9 lakh people visit Luxembourg different countries.
According to the Global Report, among the highest salary earners globally, a small country in Europe is Luxembourg. But this country is mighty. Therefore, this country is also called Small Pocket Dynamite. The most amazing thing about Luxembourg is that there is no poverty here.
Here Gross Domestic Product (GDP) is very high. Luxembourg attracts many people from nearby countries to work here because the payment is the highest and above all safe. What can be better than this? Most people in this country come from France, Belgium, and Germany to do jobs.
It is said that these people can work from big to big and small to small. It means that every person has money, has a car, and has a good lifestyle. The average salary of a person in this country is 1,22,750 US Dollars per annum. Luxembourg is mainly Known for chemical, rubber, industrial machinery, and financial services.
So, these are the top 10 countries with the highest salaries in the world, where people are given the Highest Salary. I hope you get to know something.