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Global Labour Income Snapshot
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About
This dataset provides information on the average wage in various countries. Understanding average wages across different nations is essential for economic analysis, benchmarking, and comparisons. Researchers, analysts, and policymakers can utilise this dataset to gain insights into global income disparities, labour market conditions, and economic trends. The dataset features two primary columns: "Country" and "Gross Average Monthly Wages in 2020 (US$, at current Exchange Rates)". Each entry in the "Country" column represents a distinct country or region, with the corresponding entry in the "Gross Average Monthly Wages" column indicating the average earnings in US dollars for that specific location in the year 2020.
Columns
- Country: This column details the countries for which average annual wage data has been collected and recorded.
- Gross Average Monthly Wages in 2020 (US$, at current Exchange Rates): This column represents the average monthly wages in US dollars at current exchange rates for the year 2020.
Distribution
The dataset typically comes in a CSV format. It is structured with two primary columns and contains 51 unique entries, representing average monthly wages for 51 different countries or regions. Specific numbers for rows or records are indicated by these unique value counts.
Usage
This dataset is ideally suited for:
- Economic Analysis: Understanding wage disparities and economic health across countries.
- Benchmarking: Comparing average income levels between different nations.
- Policy Making: Informing decisions related to labour markets and economic development.
- Research: Gaining insights into global income distribution and economic trends.
Coverage
The dataset's geographic scope is global, covering various countries and distinct regions. The time range for the wage data is specifically the year 2020. There are no particular notes on data availability for specific demographic groups within this dataset, as it focuses on general national averages.
License
CC0
Who Can Use It
- Researchers: For academic studies on global income trends and labour economics.
- Analysts: For performing economic comparisons and identifying market conditions.
- Policymakers: To inform economic and social policies related to wages and income.
- Economists: For studying global economic trends and wage dynamics.
Dataset Name Suggestions
- Global Monthly Wages 2020
- Countries Average Wages 2020
- 2020 International Wage Benchmarks
- Worldwide Average Earnings 2020
- Global Labour Income Snapshot
Attributes
Original Data Source: 🛒🏷️Countries by Average Wages Monthly and Yearly
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