Current Affairs PDF

India Ranked 72nd on Global List with Average Monthly Wage of Rs 32,800, Switzerland Tops: Picodi.com

AffairsCloud YouTube Channel - Click Here

AffairsCloud APP Click Here

India-placed-72nd-on-global-list-with-average-monthly-wage-of-Rs-32,800-ReportIn accordance with the global ranking of average wages prepared by Picodi.com, India ranked 72nd among 106 countries with an average monthly wage of Rs 32,800 (USD 437). Picodi.com is an international e-commerce platform, headquartered in Poland, provides discount coupons.  Its analysis team looked into earnings of countries around the world and created a global ranking of average wages.

  • The ranking has been topped by Switzerland, where the average wage converted into rupees amounts to Rs 4,49,000 (USD 5,989). 
  • On the other hand the average monthly wage of Cuba is the lowest at Rs 2,700 (USD 36).

Here is the list of top 3:

Rank CountryAverage Monthly Wage
72IndiaRs 32,800 (USD 437)
1Switzerland4,49,000 (USD 5,989)
2LuxembourgRs 3,00,900 (USD 4,014)
3United StatesRs 2,64,900 (USD 3,534)

-Key Points:

-Others in the top ten list include Denmark (USD 3,515), Singapore (USD 3,414), Australia (USD 3,333), Qatar (USD 3,232), Norway (USD 3,174), Hong Kong (USD 3,024) and Iceland (USD 2,844).

-India outranked countries such as Kazakhstan (Rs 32,700), Brazil (Rs 26,000), or Egypt (Rs 16,400).

– Among Asian countries, India ranked 10th out of 16 which has been topped by Singapore, Australia, and Hong Kong – the only countries with average wages higher than Rs 2,00,000 in this region.

Recent Related News:

In accordance with the latest Global Forest Resources Assessment (FRA) 2020 brought out by the Food and Agriculture Organization (FAO) of the United Nations (UN), India has ranked 3rd  among the top 10 countries that have gained in forest areas during 2010-2020. India reported 0.38% annual gain in forest, or 266,000 ha of forest increase every year at an average. It’s naturally regenerating forest rate was also 0.38% in 2010-20.