Average real wage growth has differed regionally between 2010 and 2022. Both Central and Western Asia and the Asia Pacific region (including China) have seen high rates of growth and have experienced minimal decreases. Growth peaked at 12.4% in 2021 for Central and Western Asia and 4.7% for the Asia Pacific region. However, much of the growth in the Asia Pacific region can be attributed to the growth of China. On the other hand, African countries have seen several years of wage decrease recently, the largest drop being in 2020 when the COVID-19 pandemic hit the world.
Average real wage growth from 2010 to 2022, by global region
Characteristic
Africa
Arab States
Central and Western Asia
Eastern Europe
Northern America
Asia and the Pacific
Latin America and the Caribbean
Northern, Southern, and Western Europe
2022
-0.5%
1.2%
2.5%
-3.3%
-3.2%
1.3%
-1.7%
-1.9%
2021
-1.4%
0.5%
12.4%
3.3%
0%
3.5%
-1.4%
0.9%
2020
-10.5%
0.8%
-1.6%
4%
4.3%
1%
3.3%
0%
2019
-1.2%
2%
3.9%
5.6%
1%
3%
-0.3%
1.2%
2018
-3.4%
0.4%
1%
8.1%
0.8%
3.3%
0.5%
0.5%
2017
-3.4%
-0.4%
1.1%
5.3%
0.7%
3.2%
-0.1%
0%
2016
-1.3%
-2.3%
6.2%
3%
0.6%
4.2%
0.3%
1.5%
2015
-1%
3%
6.5%
-5%
2%
3.6%
0.2%
1.6%
2014
0.3%
8%
5.2%
1.4%
0.8%
2.9%
0%
0.8%
2013
4.4%
1.1%
6.1%
4.5%
0.5%
4.4%
2.1%
0.2%
2012
3.6%
3.5%
8.4%
6.7%
0.3%
3.9%
1.6%
-0.8%
2011
3.8%
3.9%
12%
2.2%
-0.4%
3.3%
0.7%
-0.7%
2010
5%
3.3%
5.8%
4.2%
1%
4.7%
1.2%
-0.1%
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ILO. (November 30, 2022). Average real wage growth from 2010 to 2022, by global region [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1412269/regional-wage-growth/
ILO. "Average real wage growth from 2010 to 2022, by global region." Chart. November 30, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1412269/regional-wage-growth/
ILO. (2022). Average real wage growth from 2010 to 2022, by global region. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1412269/regional-wage-growth/
ILO. "Average Real Wage Growth from 2010 to 2022, by Global Region." Statista, Statista Inc., 30 Nov 2022, https://www.statista.com/statistics/1412269/regional-wage-growth/
ILO, Average real wage growth from 2010 to 2022, by global region Statista, https://www.statista.com/statistics/1412269/regional-wage-growth/ (last visited November 21, 2024)
Average real wage growth from 2010 to 2022, by global region [Graph], ILO, November 30, 2022. [Online]. Available: https://www.statista.com/statistics/1412269/regional-wage-growth/
