The world’s highest average salary after deductions belongs to another small European country – Switzerland. The Alpine nation’s cost of living is extremely high, yet it’s still hard not to be impressed by an average take-home income that reaches $87,965 (£64,703), according to Numbeo.

Even so, Switzerland is not immune to the economic malaise afflicting some of its neighbours. International-facing sectors like manufacturing are suffering higher unemployment, which could rise to 3% by 2026, meaning wages will probably come under pressure. The KOF Swiss Economic Institute reports a likely average pay increase of 1.8% for this year, which would probably be only 1.3% after accounting for inflation.

Now discover how the average working week compares around the world

What the average person earns in different countries around the world