Quality of life · Work & earnings

As at 14 October 2026 · official data unless labelled

Average annual gross earnings

A$100,969Better than the OECD median▲ 0.4%2024vs OECD median A$86,248

What the numbers are telling us

Average annual gross earnings was A$100,969 (US$70,736 at purchasing power parity) in 2024, up 0.45% on the previous reading (US$70,422, at purchasing power parity).

In Australian dollars at the World Bank's household-consumption purchasing power parity for 2024: A$1.427 per US$.

It is close to its 10-year average of US$70,609 at purchasing power parity.

Across 34 OECD countries (2024), Australia ranks 10th best of 34 on earnings, above the median of A$86,248 (US$60,423 at purchasing power parity).

Why it matters

What full-time equivalent employees earn before tax, converted at purchasing power parity.

What it should be

There is no official target, so Australia is judged against comparable countries: higher than the OECD median is better. The OECD median is US$60,423.

Earnings: the last 15 readings
Average annual gross earnings, 2010 to 2024
66,705.5870,736.1920102024
Source: OECD, How's Life? Current well-being (OECD WISE).
Australia ranks 10th best of 34 OECD countries
Earnings, 2024; OECD median US$60,423
Luxembourg94,446.74
Iceland89,946.91
Switzerland87,468.24
United States82,932.94
Belgium76,108.82
Austria75,767.15
Netherlands75,370.1
Norway74,863.73
Denmark74,021.7
Australia70,736.19
Germany69,433.06
Canada69,417.07
Source: OECD and World Bank cross-country series as stored.

Every figure on this page is calculated from the stored official series (OECD, How's Life? Current well-being (OECD WISE)); the summary is written from the numbers, not edited by hand.