Top 5 countries with the highest salary

Many people have thought about it: packing your bags and crossing the border to build a new life elsewhere. These are the five countries with the highest average salaries.

It sometimes crosses the minds of many; pack your bags and cross the border to build a new life there. If you settle abroad purely for the highest average salary, these are the best five countries to settle in.

The list was compiled by WorldData, a database for economic, demographic and geographical data, among other things. The average income was calculated based on the gross national income and the number of inhabitants. The annual income and profits were shared by the population and voilà; a ranking of the countries with average salaries. The calculation includes salaries, but also income from investments and capital gains. MASTERS takes a financial look at the five countries where the average salary is the highest.

5. Norway (€6.487)

Although the country has a relatively cold climate, people are still quite warm with an average monthly salary of € 6.487. On the other hand, the average prices are on average 35% higher than in the Netherlands and it is one of Europe's most expensive countries to spend your holiday.

4. Luxembourg (€6.820)

It may be the second smallest country in the European Union with just over half a million inhabitants; In terms of salary, Luxembourgers have little to complain about. On average, residents earn an average of €6.820 per month.

3. Switzerland (€7.007)

When you think of Switzerland, you often immediately think of high mountains and high price tags. The Swiss claim third place with an average salary of €7.007 per month. Another thing the adjective can be stuck in front of. For those who want to visit the Swiss Alps; the prices of hotels and restaurants are about 67% higher than the rest of Europe, so you can spend your hard-earned money here.

2. Bermuda (€9.472)

The overseas country where Bermuda shorts covered the legs for the first time is number two, where the average salary is almost 10k. Apart from the enormous amount of goods such as gas, clothing and vegetables - everything has to be imported, which drives up prices considerably - the country is considered one of the largest tax havens in the world.

1. Monaco (€14.392)

The number 1 place where it is most heavenly to live: Monaco. In addition to having the highest average monthly salary, the dwarf state on the Mediterranean Sea, and home to... racing hero Max Verstappen, quite a few millionaires. 1 in 3 Monegasques has a 7-figure amount (or more) in his or her bank account.

The Netherlands is missing from this list, but does appear in the top 20. Our little country takes 14th place with an average gross salary of € 4.269. East Timor, Nepal and Afghanistan end up at the bottom of the ladder, where residents in the latter country receive an average of €30 per month into their account.