A lot of people shift to other countries in hope to earn more than what they get paid in their own country. Here's an overview of the top 10 best countries for work based on average earnings:
Luxembourg
Recent OECD and World Bank data shows, employees in Luxembourg enjoy the highest salaries in the world (Middle Eastern countries not included). The economy of Luxembourg is largely dependent on banking and financial services, real estate services, information technology and telecommunications.
Average Income: $62,636Minimum Wage: $11.20 per hourAverage hours worked per week: 30
United States
With a total population of more than 323 million people, the United States is the third most populous country in the world after India and China. The US economy is by far the largest economy in the world, according to a country-based GDP ranking. In 2016, US GDP amounted to about $18.62 trillion, which is the combined GDPs of the second, third and fourth largest economies - China, Japan, and Germany.
Average income: $60,154Minimum Wage: $7.25 per hourAverage hours worked per week: 34.4
Switzerland
According to the World Bank, Switzerland has the second-highest per-capita GDP in the world after Luxembourg. A strong service sector leads Switzerland's economy, with financial services at the forefront.
Average income: $60,124No Minimum WageAverage hours worked per week: 31 Australia
With an area of approximately 7.7 million sq km, Australia is the sixth -largest country in the world. In comparison to its size, the total population of Australia is rather small in numbers. Among the biggest economies worldwide, Australia ranked 13th, with a gross domestic product (GDP) of approximately $1.26 trillion in 2016.
Average income: $52,063
Minimum Wage: $10.90 per hourAverage hours worked per week: 32 Ireland
Ireland's economy fluctuates considerably. For e.g, it had an exceptional 26% GDP growth rate in 2015 but decreased to 5.13% the following year.
Average income: $51,618Minimum Wage: $12.54 per hourAverage hours worked per week: 39 Canada
Most of Canada's workforce is employed in the services sector. Although the 2008 financial crisis sparked a rise in unemployment, the economy has bounced back creating record jobs.
Average income: $48,403Minimum Wage: $11.15 per hourAverage hours worked per week: 40 Germany
Germany has one of the largest gross domestic products worldwide, only surpassed by the US, China, and Japan. Germany also ranks among all countries with the largest GDP based on their purchasing power parity in the same year. After a slight slump in 2015 and decrease in employment rate, the economy is currently in recovery mode.
Average income: $46,389Minimum Wage: $11.61 per hourAverage hours worked per week: 28 France
France is one of the leading industrialised countries. The GDP has been doing well and is expected to rise continuously over the next few years. Most of France's workforce is employed in the service sector. France is also a popular tourist destination and generates most of its GDP in this sector.
Average income: $42,992Minimum Wage: $11.57 per hourAverage hours worked per week: 39 United Kingdom
The United Kingdom now has a highly developed economy that is largely reliant on service industries. The British economy is among the ten biggest in the world according to the 2017 GDP country ranking by World Bank.
Wholesale and retail trade consistently has the highest number of jobs during this period, followed by human health and social work activities. Average income: $42,835Minimum Wage: $9.85 per hourAverage hours worked per week: 42.3