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This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar.
This is a list of salaries of heads of state and government per year, ... Laos: 1,630 USD (Party ... South Africa: 223,500 USD [32] ...
Laos: 5.3: 2016 Latvia: 4.2: 2022 ... South Africa-0.9: 2023 ... National average salary; Disposable household and per capita income; Median income; Net national income;
Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.
This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
Laos ₭800,000 (US$100) per month; additionally, employers were required to pay a ₭30,000 (US$3.74) meal allowance per day. The minimum wage for civil servants and state enterprise employees was last increased to ₭1,400,000 (US$170) per month.
This is a list of the official minimum wage rates of the Top 10 cities with the largest economies in ASEAN. Some cities may have a complicated minimum wage system. For example, in Vietnam, both Ho Chi Minh City and Hanoi has 2 types of minimum wage rates.
The economy of Laos is a lower-middle income developing economy.Being a socialist state (along with China, Cuba, Vietnam, and North Korea), the Lao economic model resembles the Chinese socialist market and/or Vietnamese socialist-oriented market economies by combining high degrees of state ownership with openness to foreign direct investment and private ownership in a predominantly market ...