The National Average Salary (or the National Average Wage) is the mean salary for the working population of a nation. It is calculated by summing all the annual salaries of all persons in work and dividing the total by the number of workers. It is not the same as the Gross domestic product (GDP) per capita, which is calculated by dividing the GDP by the total population of a country, including the unemployed and those not in the workforce (e.g. retired people, children, students, etc.).
Read more about National Average Salary: See Also
Famous quotes containing the words national, average and/or salary:
“The return of the asymmetrical Saturday was one of those small events that were interior, local, almost civic and which, in tranquil lives and closed societies, create a sort of national bond and become the favorite theme of conversation, of jokes and of stories exaggerated with pleasure: it would have been a ready- made seed for a legendary cycle, had any of us leanings toward the epic.”
—Marcel Proust (1871–1922)
“...you don’t have to be as good as white people, you have to be better or the best. When Negroes are average, they fail, unless they are very, very lucky. Now, if you’re average and white, honey, you can go far. Just look at Dan Quayle. If that boy was colored he’d be washing dishes somewhere.”
—Annie Elizabeth Delany (b. 1891)
“But compared with the task of selecting a piece of French pastry held by an impatient waiter a move in chess is like reaching for a salary check in its demand on the contemplative faculties.”
—Robert Benchley (1889–1945)