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What is the average monthly net wage in Asian countries? - Answers


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What is the average monthly net wage in Asian countries?

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Asia map - Net Average monthly Wage and GDP (PPP) of Asian Countries

The average monthly net wage (after taxes) in Asian countries is $1,161.

The net monthly salary (after taxes) of Asian countries:

Country     Net Monthly Salary USD (after taxes) GDP PPP per capita USD (2017)
Qatar 3,576.49 124,927
UAE 3,169.19 66,996
Singapore 3,167.07 90,531
Japan 2,644.34 42,659
Hong Kong 2,629.55 61,016
South Korea 2,421.46 39,387
Israel 2,364.51 36,250
Taiwan 1,866.35 49,827
Saudi Arabia 1,717.07 55,263
Cyprus 1,454.67 36,557
Lebanon 1,053.44 19,486
China 965.65 16,624
Malaysia 879.96 6,285
Palestinian Territory 842.77
Jordan 626.52 12,487
Turkey 582.87 25,777
Iraq 579.58 17,004
Thailand 559.34 17,786
India 546.22 7,174
Iran 458.93 20,030
Kazakhstan 384.15 26,071
Indonesia 371 12,378
Vietnam 357.11 6,990
Bangladesh 310.73 4,207
Philippines 307.72 8,229
Georgia 306.37 10,645
Armenia 286.33 9,098
Sri Lanka 266.53 13,001
Pakistan 264.02 5,354
Azerbaijan 241.04 17,433

Purchasing Power Index

Map of Purchasing Power Index of Asia


Country Purchasing Power Index
Saudi Arabia 131.46
Qatar 125.05
UAE 124.78
South Korea 109.36
Japan 107.35
Taiwan 106.38
Israel 102.3
Singapore 95.89
Hong Kong 82.86
India 79.27
Malaysia 72.98
China 72.88
Turkey 53.78
Iran 45.6
Pakistan 41.11
Thailand 38.59
Indonesia 37.49
Philippines 34.02
Vietnam 30.09

The contrast between net monthly income and GDP PPP per capita

Qatar records the highest net monthly salary (after taxes) among the listed Asian countries, and Azerbaijan the lowest at $241.04. High population countries like India, Indonesia, Pakistan and Bangladesh record low net monthly incomes as compared to those with smaller populations like Qatar, UAE, Singapore, and Israel.

However, the Purchasing Power Parity (PPP rankings differ. For instance, on net monthly salary available to spend in Singapore is $3,167.07, higher than Israel’s $2,364.51. But regarding PPP, Israel outranks Singapore, 102.30 vs. 95.89. PPP is influenced by several economic factors and therefore higher net income available after taxes to citizens of a country does not necessarily translate to a proportionate level of PPP.

Similarly, citizens of Hong Kong enjoy a slightly higher net monthly income – $2,629.55, over South Korea – $2,421.46, but on PPP South Korea at 109.36 ranks much higher than Hong Kong’s 82.86.

China, the most populous country and the second largest economy in the world, records a significantly higher net monthly salary at $965.65 over India’s $546.22, but on PPP, India outranks China, 79.27 vs. 72.88.

Population size has a bearing on the net monthly income average of a country, as also its PPP. Take two oil-producing wealthy countries in Asia – Saudi Arabia and Qatar. Saudi Arabia has a population of 32.139 million (2016) significantly higher than Qatar’s 2.49 million (2016).

Saudi Arabia’s GDP is $639,617 million, around four times bigger than Qatar’s GDP of $152,509 million. But on GDP per capita, Qatar’s $$61,252 is three times higher than Saudi Arabia’s $19,902. The biggest factor is population.

Comparing countries by net monthly incomes in urban areas, the rankings differ substantially for countries like China and India, where the gap between the urban and rural citizen’s incomes is wider than those of countries like Japan and South Korea.

The contrast is sharp in the case of Azerbaijan. The country ranks the lowest among the listed countries above with a net income of only $241.04, far below the Asian average of $1,161, but beats China on GDP PPP per capita, recording $17,443, ahead of China’s $16,624.

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