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Top 15 Lowest Salary Countries

 

The data for the ranking of the 15 countries with the lowest annual salaries was provided by the International Monetary Fund, using the Gross Domestic Product (GDP) per capita, converted through the purchasing power parity (PPP). This converts the salaries of different countries into US Dollars of actual purchasing power, setting a level playing field, despite exchange rate and inflation differences. As can be expected the majority of the countries in this list hail from the African continent and are emerging and developing countries. In most cases, educational opportunities are limited, as is social mobility. Similarly, economic and political stability are major issues curtailing economic development, which in turn has a negative effect on state provision of basic services, including health care.

#15 Ethiopia ($1259)

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Ethiopia is located in the Horn of Africa and is home to 90 million inhabitants, making it the most populated landlocked country in the world. The capital is Addis Ababa. The Ethiopian economy was doing well and flourishing until suffering a major setback recently due to high inflation. The country is not able to rely on agriculture for economic growth due to draught. With 14 major rivers (including the Nile) flowing into Ethiopia’s water table and the largest water reserves in Africa, it is ironic that the country does not have the irrigation systems in place to make use of it.



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