Organisation for Economic Co-operation and Development

The Organisation for Economic Co-operation and Development (OECD) is an international economic organisation of 34 countries founded in 1961 to stimulate economic progress and world trade. It is a forum of countries committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices and co-ordinate domestic and international policies of its members.

Alle Datensätze: M
  • M
    • Minimum relative to average wages of full-time workers
      März 2024
      Quelle: Organisation for Economic Co-operation and Development
      Hochgeladen von: Knoema
      Zugriff am: 25 März, 2024
      Datensatz auswählen
      For cross-country comparisons, data on minimum wage levels are further supplemented with another measure of minimum wages relative to average wages, that is, the ratio of minimum wages to median earnings of full-time employees. Median rather than mean earnings provide a better basis for international comparisons as it accounts for differences in earnings dispersion across countries. However, while median of basic earnings of full-time workers - i.e. excluding overtime and bonus payments - are, ideally, the preferred measure of average wages for international comparisons of minimum-to-median earnings, they are not available for a large number of countries. Minimum relative to mean earnings of full-time workers are also provided.
    • Minimum wages at current prices in national currency units (NCU)
      März 2024
      Quelle: Organisation for Economic Co-operation and Development
      Hochgeladen von: Knoema
      Zugriff am: 25 März, 2024
      Datensatz auswählen
      This dataset contains statutory and national minimum wages in 30 OECD Member countries, Brazil, Malta, Romania and the Russian Federation. For detailed country notes: see http://www.oecd.org/employment/emp/Minimum-wages.pdf