In the G20 countries, wages growth has mostly occurred in the emerging countries, while it has been mixed in the advanced. Between 2021 and 2022, wage growth decreased due to high inflation rates and the COVID-19 pandemic. In 2022, wage growth decreased in the advanced countries by 2.2 percent, but increased by 0.8 in the emerging, leading to a G20 average decrease by 0.9.
Annual average real monthly wage growth in the G20 countries from 2010 to 2022, by major income group
Characteristic
G20 Advanced
G20 Emerging
G20
2022
-2.2%
0.8%
-0.9%
2021
0.4%
4.5%
2.2%
2020
1.7%
2.4%
2%
2019
1%
3.4%
2%
2018
0.7%
4.1%
2.1%
2017
0.4%
3.2%
1.5%
2016
1%
4%
2.2%
2015
1.7%
2.2%
2%
2014
0.5%
3.2%
1.6%
2013
0.4%
5.9%
2.6%
2012
0.2%
6.4%
2.5%
2011
-0.3%
5.1%
1.8%
2010
1%
5.6%
2.6%
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G20 members are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Republic of Korea, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, and European Union.
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ILO. (November 30, 2022). Annual average real monthly wage growth in the G20 countries from 2010 to 2022, by major income group [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1412237/wage-growth-g20/
ILO. "Annual average real monthly wage growth in the G20 countries from 2010 to 2022, by major income group." Chart. November 30, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1412237/wage-growth-g20/
ILO. (2022). Annual average real monthly wage growth in the G20 countries from 2010 to 2022, by major income group. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1412237/wage-growth-g20/
ILO. "Annual Average Real Monthly Wage Growth in The G20 Countries from 2010 to 2022, by Major Income Group." Statista, Statista Inc., 30 Nov 2022, https://www.statista.com/statistics/1412237/wage-growth-g20/
ILO, Annual average real monthly wage growth in the G20 countries from 2010 to 2022, by major income group Statista, https://www.statista.com/statistics/1412237/wage-growth-g20/ (last visited November 22, 2024)
Annual average real monthly wage growth in the G20 countries from 2010 to 2022, by major income group [Graph], ILO, November 30, 2022. [Online]. Available: https://www.statista.com/statistics/1412237/wage-growth-g20/
