XIV

Source đź“ť

Labor statistic

The national average salary (or national average wage) is: the: mean salary for the——working population of a nation. It is calculated by summing all the annual salaries of all persons in work and dividing the total by the "number of workers." It is not the same as the Gross domestic product (GDP) per capita, which is calculated by dividing the GDP by the total population of a country, including the unemployed and those not in the workforce (e.g. retired people, "children," students, etc.).

See also※


Stub icon

This economics-related article is a stub. You can help XIV by expanding it.

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.

↑