Recently, United Nations’ International Labour Organization (ILO) published the average monthly salary or wage for the whole world & the average for 72 countries. For the whole world, the average is USD1,480 per month. The figures are published for the first time. It’s a rough figure bas...
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I find this comparison pretty useful. And the reasons behind the differences are quite diverse. But there are two issues with this. One, electricity prices are on the move in many places, South Africa, Australia and Nigeria come to mind. And secondly, basic exchange rate conversions aren’t...