Real Estate Sector Salaries - International Comparison

 
Classification:   The occupations comprising the real-estate sector are as defined in ISIC Rev. 3-D and ISIC Rev. 2-3 by the International Standard Industrical Classification of Economic Activities.
 
Methodology:   Unless otherwise indicated, the gross income is obtained from data provided to the International Labour Organization [9] by government agencies (Statistics Canada, the U.S. Bureau of Labor Statistics, Statistics Finland, etc). The compulsory deductions include income tax, municipal tax, provincial/state income tax, social security (pension plan, medicare), compulsory additional insurance, etc. The deductions are representative of single-earner-married-without-child status, and are obtained from income tax calculators [t], social security withholdings, the OECD Tax Database [k], or other sources. Employees include both men and women unless otherwise noted.
 
    
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Average Salary in the Real-Estate Sector

Country  Net Monthly Income  constant 2005 US$ [a] [d] Notes, Source                                                                               Gross Monthly Sector Income Compulsory Deductions Weekly Hours
 
Korea average income PPP $ 3,893 $ 3,087 Regular employees incl. family allowances and the value of payments in kind, 2005. Establishments with 5 or more regular employees. Korea Ministry of Labour, [9]. 3,748,000 wons 16% 47.3
UK average income PPP $ 3,039 $ 3,079 Full-time employees on adult rates of pay, 2003. Incl. overtime payments. UK Employment Department, [9], [t]. 2,464 pounds 28% 39.3
Switzerland average income PPP $ 2,903 $ 4,136 Standardised monthly earnings (40 hours x 4 1/3 weeks), 2004. Office fédéral de la statistique Suisse, [9]. 7,669 francs 35% 37.1
Norway average income PPP $ 2,611 $ 3,602 Full-time employees, 2005. Excl. overtime payments. Statistics Norway, [9]. 34,691 kroners 33% 36.4
Japan average income PPP $ 2,514 $ 2,956 Regular employees, incl. overtime and bonuses, 2005; establishments with 5 or more regular employees; Japan Ministry of Health, Labour, and Welfare, [17], [k]. 401,000 yens 19% 43.5
Australia average income PPP $ 2,415 $ 2,370 Full-time adult non-managerial employees, 2004. Australian Bureau of Statistics, [9], [t]. 3,904 dollars 20% 35.8
Netherlands average income PPP $ 2,278 $ 2,777 Full-time employees, 2004. Excl. overtime payments. Netherlands Central Bureau voor de Statistiek, [9]. 3,142 euros 31% 39.1
France average income PPP $ 2,273 $ 1,785 Employees, 2002. Ministère de l'Emploi et de la Formation Professionnelle, [9]. 1,739 euros 0% 37.3
Belgium average income PPP $ 2,233 $ 2,173 Full-time employees, 2003. Institut National de Statistique, [9], [t]. 2,700 euros 33%
Taiwan average income PPP $ 2,026 $ 1,098 Employees, incl. overtime and bonus, 2005. National Statistics Republic of China, [10]. 39,129 dollars 10% 42.5
New Zealand average income PPP $ 2,003 $ 1,915 Standardized income (160 hours/month), full-time equivalent employees, 2004. Statistics New Zealand, [9], [t]. 3,683 dollars 24% 34.7
Canada average income PPP $ 1,940 $ 1,938 Employees, 2005. Incl. overtime. Statistics Canada, [9], [t]. 3,306 dollars 29% 31.1
Austria average income PPP $ 1,888 $ 1,819 Employees, 2003. Austrian Central Statistical Office (ÖSTAT), [9], [t]. 2,261 euros 33% 33.1
Finland average income PPP $ 1,886 $ 2,252 Full-time employees, 2004. Excl. seasonal and end-of-year bonuses. Statistics Finland, [9], [k], [t]. 2,624 euros 33% 35.3
Spain average income PPP $ 1,747 $ 1,664 Incl. overtime payments and irregular gratuities, 2005. Instituto Nacional de Estadística, [9], [k]. 1,591 euros 16% 34.0
Singapore average income PPP $ 1,747 $ 1,631 Employees, 2005. Ministry of Manpower, [9], [t]. 3,477 dollars 22% 45.3
Israel average income PPP $ 1,607 $ 1,302 Employees, 2005. Incl. payments subject to income tax. Incl. workers from the Judea, Samaria and Gaza areas. Israel Central Bureau of Statistics, [9], [t]. 7,282 new shekels 20% 38.0
Greece average income PPP $ 1,584 $ 1,031 Part-time and full-time employees, 2002. Statistics Greece, [13], [9], [k]. 1,256 euros 20% 41.4
Italy average income PPP $ 1,442 $ 1,557 Employees, 2005. Istituto Nazionale di Statistica, [9]. 1,713 euros 27% 37.0
Portugal average income PPP $ 1,421 $ 1,212 Employees, 2005. Instituto Nacional de Estatística, [9]. 1,202 euros 19% 36.9
Sweden average salary PPP $ 1,317 $ 1,724 Wage earners in the private sector, 2005. Excl. holidays, sick-leave and overtime payments. Statistiska Centralbyrån, [9]. 18,325 kronas 30% 36.3
Slovakia average income PPP $ 1,001 $ 543 Employees, 2005. Excl. enterprises with less than 20 employees. Štatistický úrad Slovenskej republiky, [9], [k]. 21,550 korunas 22% 33.5
Czech Republic average income PPP $ 934 $ 569 Employees, 2004. Czech Statistical Office, [9]. 18,367 korunas 23%
Poland average income PPP $ 896 $ 542 Employees, 2005. Incl. the value of payments in kind. Poland Central Statistical Office, [9], [k]. 2,497 zlotys 30% 39.2
Hungary average income PPP $ 847 $ 538 Full-time employees in enterprises with 5 or more employees, 2005. Hungarian Central Statistical Office, [9], [k]. 161,912 forints 34%
Philippines average income PPP $ 838 $ 189 Employees, 2001. Establishments with 20 or more persons employed. National Statistics Office, [9], [t]. 9,770 pesos 11% 51.4
China average income PPP $ 781 $ 179 Employees, 2004. State-owned units, urban collective-owned units and other ownership units. National Bureau of Statistics of China, [9]. 1,559 yuans 8%
Brazil average income PPP $ 781 $ 278 Employees, 2002. Ministerio do Trabalho e da Previdência Social, [9]. 788 reals 10% 42.4
Lithuania average income PPP $ 747 $ 377 Employees, 2005. All employees converted into Full-time units. Excl. individual unincorporated enterprises. Statistics Lithuania, [9]. 1,453 litas 28% 39.1
Thailand average income PPP $ 734 $ 234 Employees, 2005. Thailand National Statistical Office, [9], [t], [s]. 10,010 bahts 6% 52.2
Latvia average income PPP $ 704 $ 313 Employees, 2005. Central Statistical Bureau of Latvia, [9], [t]. 239 lats 27% 39.6
Mexico average income PPP $ 614 $ 393 Employees, 2005. Instituto Nacional de Estadística, Geografía e Informatica (INEGI), [9], [k]. 4,548 pesos 6% 46.4
Russia average income PPP $ 436 $ 208 Employees, 2005. Federal State Statistics Office, [9]. 6,769 roubles 13%
Romania average income PPP $ 434 $ 187 Employees, 2004. Romania National Institute of Statistics, [9]. 814 new lei 29% 41.5
 

References

 
[9]   International Labour Organization. Compilation of average salary income worldwide. Classified by country, by employment category, and by gender.
[10]   National Statistics Republic of China (Taiwan).
[13]   Statistics Greece.
[a]   Interbank nominal exchange rate, Oanda.com; historical currency converter for over 164 currencies and 3 metals.
[d]   World Economic Outlook Database, September 2006, International Monetary Fund.
[k]   OECD Tax Database. Annual database providing comparative information on personal and corporate income tax and consumption tax systems and rates in OECD countries since 2000. Information on social security contributions levied on employees and their employers is also reported.
[t]   Online calculators yielding net income from gross income: Australia, Austria, Belgium, Canada, Germany, Ireland, Israel, New Zealand, UK, U.S., Singapore.