adviceiorew.blogg.se - Average salary in india vs pakistan

The average salary range only considers salaries that fall between the average lowest salary and the average highest salary in India. However, this doesn’t mean that the actual highest salary in India is only 1.43 Lakhs. India’s average salary range extends from 8,080 INR per month (107.78 USD) to 143,000 INR per month (1,907.25 USD). In this case, the average salary is 33,333 INR, whereas the median salary is 30,000 INR. The median salary represents the middle value between all salaries considered, while the average divides the sum of all salaries by the number of salaries considered.įor example, let’s say employee A earns 20,000 INR, employee B earns 30,000 INR, and employee C makes 50,000 INR. How is the median salary value different from the average salary ? This implies that half of the Indian population earns less than 29,400 INR every month, while the other half earns more than 29,400 INR. India’s median salary is 29,400 INR per month (392.07 USD). However, other key indicators like the median salary and the average salary range can help you get a broader overview of the country. India’s national average salary amounts to 428.49 USD per month, as per the exchange rates in July 2021.Ī country’s average salary is an important indicator of its standard of living.

Top 3 Industries Commonly Outsourced to India.

(Click on the links below to jump to a specific section) We’ll also discuss the top 3 industries commonly outsourced to the country. In this article, we’ll take a deep dive into the average salary in India, its comparison with other countries, and the minimum wage in India. And that makes India one of the most popular outsourcing destinations in the world. The average Indian salary is significantly lower than average salaries in countries like the USA (7,900 USD) or even Russia (1,392 USD). Like anywhere else in the world, salaries in India are affected by several factors including, an employee’s education, city, gender, age, and work experience.

That is 428.49 USD per month, according to the exchange rates in July 2021. In 2021, the average salary in India is 31,900 INR (Indian Rupee) per month or 3,82,800 INR per annum. The ultimate leaders among Asian countries were Singapore, Australia, and Hong Kong - the only countries with average wages higher than Rs 2,00,000, the report said.If you’re wondering what India’s average salary is or how much it’ll cost to hire a workforce in India, we’ve got you covered. When it comes to Asian countries, India ended up in the second part of the ranking (10th out of 16).

The average wages after taxes come from the website and local currencies were converted at the average Google Finance rate for August 2020, the report said.Ĭuba, Uganda and Nigeria, close the ranking with wages between Rs 2,700 and Rs 13,800. analysis team looked into earnings in countries around the world and created a global ranking of average wages. India, with the average wage of Rs 32,800, outranked countries such as Kazakhstan (Rs 32,700), Brazil (Rs 26,000), or Egypt (Rs 16,400), the report said. 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).