Average real salary growth globally 2006-2024

Published by
Jose Sanchez,
May 30, 2025

The average real wages worldwide saw an increase every year since 2006. However, in 2022, the aftermath of the COVID-19 pandemic and the rising inflation rates in led to a decrease in real average wages worldwide. In 2023, real global wage growth was positive again.

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Average annual real monthly wage growth worldwide from 2006 to 2024

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Release date

November 2024

Region

Worldwide

Survey time period

2006 to 2024

Supplementary notes

*Estimated based on wage developments in the first two quarters of the year.

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