Tourims sector also plays very crucial role in the development of this country. This country is famous for high quality of manufacturing goods.manufacturing sector is considered as the backbone of this Europeam based country.The large part of the economic growth of this city settled in Europe comes from the.some items such as medicines, chemistry, watches, measurement instruments, and musical instruments have very good demand from every corner of the world. List of 13 countries with multiple capitalsĭue to its beauty, this country attracts tourists from all over the world.Switzerland is considered very honest and clean in the whole world. It is interesting to mention here that American employees get salaries every week in most of the companies. income inequality is highest in this country as compare to other countries of the world. Here the income difference between the highest earning person and the lowest earning person is highest in the world, i.e. Here average salary of a employee is $ 57138 or 37.85 lakh rupees per year.The highest number of salaries in the world is in the United States,where the average salary of people is $ 57138 or 37.85 lakh rupees per year. USA is on the second sopt in giving salary to its employees.
The rate of taxation on income in the United States is similar to countries like Canada, Australia and England. People here have to pay tax 31.6% on their income. An American worker works on an average 44 hours a week. It is the world's second largest arms manufacturer and largest trader.
Luxemburg is known to provide steel to whole Europe.Apart from this it also provides chemical,rubber, industrial machinery and financial services to other countries of the world.Īmerica is the world's largest economy and it is the richest country in the world.
Here government imposes 37% tax on this salary. The size of the world's big economies is as follows:Īccording to the Global Report of the Economic Cooperation and Development Organization (OECD), the European country i.e.Luxembourg with only 5.43 million population gives average salary of $61511per year to its employees, which is around Rs. In this article, we are trying to explain that which countries provide highest salary to their employees.The names given below are according to the ranking of the countries: The World Bank has divided the all countries of the world in four categories i.e.countries with lower income of $1,025 or less per person is termed as the lower income group of countries.The lower-middle-income group of countries are those whose average income per person is between $ 1,026 to $ 4,035.The high middle-income group of countries are those where average income of people is between $ 4,036 to $ 12,475 and the highest-income groups of countries are those whose income is $ 12,476 or more.
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