All G7 countries except Canada and France saw a wage decrease in 2022 in terms of purchasing power parity as a result of the high inflation rates that year. Moreover, all countries except the United States saw wages decline in 2020 as a result of the COVID-19 pandemic.
Wage growth in G7 countries worldwide from 1992 to 2022, by country
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OECD. (June 30, 2023). Wage growth in G7 countries worldwide from 1992 to 2022, by country [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1418314/g7-countries-wage-increase/
OECD. "Wage growth in G7 countries worldwide from 1992 to 2022, by country." Chart. June 30, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1418314/g7-countries-wage-increase/
OECD. (2023). Wage growth in G7 countries worldwide from 1992 to 2022, by country. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1418314/g7-countries-wage-increase/
OECD. "Wage Growth in G7 Countries Worldwide from 1992 to 2022, by Country." Statista, Statista Inc., 30 Jun 2023, https://www.statista.com/statistics/1418314/g7-countries-wage-increase/
OECD, Wage growth in G7 countries worldwide from 1992 to 2022, by country Statista, https://www.statista.com/statistics/1418314/g7-countries-wage-increase/ (last visited November 22, 2024)
Wage growth in G7 countries worldwide from 1992 to 2022, by country [Graph], OECD, June 30, 2023. [Online]. Available: https://www.statista.com/statistics/1418314/g7-countries-wage-increase/