Which OECD country has the highest average salary?

Report also lists 10 highest-paying jobs

Which OECD country has the highest average salary?

In looking at the highest average salaries by countries in the OECD (Organisation for Economic Co-operation and Development), Canada takes the eighth spot.

The average wages for 2021 were $54,175 (all dollars US).

Switzerland has the highest average wages in the world at $91,852.

Iceland comes in second, at $81,844, and the U.S. is third at $74,738, according to software company Tipalti, in looking at OECD data.

Rank

Country

2021 average salary

(local currency)

2021 average salary

(USD)

1

Switzerland

89,766

$91,852

2

Iceland

11,705,368

$81,844

3

United States

74,737

$74,738

4

Luxembourg

70,446

$69,128

5

Denmark

462,436

$60,997

6

Norway

624,839

$58,141

7

Australia

88,928

$57,798

8

Canada

74,173

$54,175

9

Ireland

51,675

$50,708

10

Netherlands

51,005

$50,050

 

When it comes to the highest-paying jobs, psychiatrist comes out on top, with an average salary of $154,799 across the OECD countries, finds Tipalti, in looking at data from Indeed.

In Canada, it’s even higher at $219,006.

Rank

Job

2021 average salary

(USD)

1

Psychiatrist

$154,799

2

Dentist

$109,083

3

Optometrist

$82,009

4

Data scientist

$77,317

5

Pharmacist

$72,639

6

IT manager

$69,868

7

Veterinarian

$69,063

8

Project manager

$68,426

9

Software engineer

$68,096

10

Psychologist

$68,033

 

The top 10 highest-paying jobs in Canada are somewhat different:

Rank

Job

2021 average salary

(USD)

1

Psychiatrist

$219,006

2

Dentist

$130,272

3

Psychologist

$103,050

4

Speech therapist

$88,123

5

Midwife

$80,329

6

Pharmacist

$76,973

7

Optometrist

$75,090

8

Veterinarian

$73,889

9

Lawyer

$72,385

10

Surveyor

$66,777

 

Despite pay transparency legislation, employers face criticism for posting broad ranges in job ads