Report also lists 10 highest-paying jobs
In looking at the highest average salaries by countries in the OECD (Organisation for Economic Co-operation and Development), Canada takes the eighth spot.
The average wages for 2021 were $54,175 (all dollars US).
Switzerland has the highest average wages in the world at $91,852.
Iceland comes in second, at $81,844, and the U.S. is third at $74,738, according to software company Tipalti, in looking at OECD data.
Rank |
Country |
2021 average salary (local currency) |
2021 average salary (USD) |
---|---|---|---|
1 |
Switzerland |
89,766 |
$91,852 |
2 |
Iceland |
11,705,368 |
$81,844 |
3 |
United States |
74,737 |
$74,738 |
4 |
Luxembourg |
70,446 |
$69,128 |
5 |
Denmark |
462,436 |
$60,997 |
6 |
Norway |
624,839 |
$58,141 |
7 |
Australia |
88,928 |
$57,798 |
8 |
Canada |
74,173 |
$54,175 |
9 |
Ireland |
51,675 |
$50,708 |
10 |
Netherlands |
51,005 |
$50,050 |
When it comes to the highest-paying jobs, psychiatrist comes out on top, with an average salary of $154,799 across the OECD countries, finds Tipalti, in looking at data from Indeed.
In Canada, it’s even higher at $219,006.
Rank |
Job |
2021 average salary (USD) |
---|---|---|
1 |
Psychiatrist |
$154,799 |
2 |
Dentist |
$109,083 |
3 |
Optometrist |
$82,009 |
4 |
Data scientist |
$77,317 |
5 |
Pharmacist |
$72,639 |
6 |
IT manager |
$69,868 |
7 |
Veterinarian |
$69,063 |
8 |
Project manager |
$68,426 |
9 |
Software engineer |
$68,096 |
10 |
Psychologist |
$68,033 |
The top 10 highest-paying jobs in Canada are somewhat different:
Rank |
Job |
2021 average salary (USD) |
---|---|---|
1 |
Psychiatrist |
$219,006 |
2 |
Dentist |
$130,272 |
3 |
Psychologist |
$103,050 |
4 |
Speech therapist |
$88,123 |
5 |
Midwife |
$80,329 |
6 |
Pharmacist |
$76,973 |
7 |
Optometrist |
$75,090 |
8 |
Veterinarian |
$73,889 |
9 |
Lawyer |
$72,385 |
10 |
Surveyor |
$66,777 |
Despite pay transparency legislation, employers face criticism for posting broad ranges in job ads