Jobs in 2024

List of Countries With High Average Monthly Salaries in 2023

Lets start this article with an example so you can have better understanding of the value of your qualifications, skills and work experience to cash them out in 2023 through high paying salaries. My example is about three companies hiring an electrical engineer with same qualifications and work experience but the only difference is that all three companies offering different salary packages with variable tax cuts from salaries; so job applicant would do the maths and then choose a company that pays highest salary after tax deductions.

In similar way, if we look at a bigger picture then we will be able to find that some countries are actually paying really high salaries for same occupations and that is why i wrote this factual article to provide you with a list of countries with high average monthly income and good living standards in 2023.

Top 2 Countries With Highest Average Monthly Salary in 2023

In this section you are going to find the names of those two countries where highest average salaries were recently recorded in 2023, so one of those countries is Bermuda which is a British overseas territory whereas second country is Monaco from Europe.

As per the statistical information revealed by worlddata, average monthly salary in Bermuda was estimated to be around US$10,200 (Annual US$122k), on the other hand average monthly salary in Monaco was around US$15,000 (Annual US$186k).

Average Monthly Salaries in Canada, USA, and Australia

As per my knowledge and understanding which developed in recent years; Canada, Australia and America became center of attention for international job seekers due to their skill shortage jobs announcements and relaxed work visa immigration policies. But with that there is another big reason why these three countries became hot spot employment destinations among international job seekers and that reason is their High Salary offerings compared to other countries with much better living standards.

And i am sure that you now want to read actual income numbers of these three countries so lets start with Canada where average monthly salary is US$4942 (Source dundaslife), compared to average monthly salary of US$5032 in Australia (Source timedoctor) and the highest average monthly salary among these three countries was recorded to be in America with US$6,228 per month (Source

Average Monthly Salaries European Countries

Now i am going to provide details about top European countries with high average income numbers therefore on top of my list is Switzerland where average monthly income of a worker in 2023 remained US$7400 (Source tradingeconomics).

After that i would like to draw your attention towards Denmark because average monthly income in Denmark for their workers as per is US$6400 and next on my list are Norway, and Luxembourg where average monthly salaries are around US$4600, and US$4700 (Source takeprofit Norway, takeprofit Luxembourg).

Finland and Iceland are also among my list because compared to many other European countries the living standard is quite high in these two countries with considerably high average monthly incomes of US$4200, and US$3200 (timedoctor, nomadnotmad).

After reading this article you now have an updated information about countries where salaries are high with very high quality of life and i think based on this useful information you will find it easy to look for job opportunities in above mentioned countries in 2023.

Zahira Bano

(Associate Editor) Zahira holds a PhD in Cosmetics Surgery and Pharma. She worked with Mashables and some other beauty and wellness blogs. She is also a well-known personality and educationist and has a large number of social following. She also writes on the female empowerment motivational topics in her leisure time. She is also a scholarship winner and mentor for students looking for studying abroad opportunities.

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