Global Wage Report 2024 – 2025

THEME: Collective Bargaining and Workers’ Rights in the Workplace

TITLE: Global Wage Report 2024 – 2025

PUBLISHED BY: International Labour Organisation (ILO)

 WHO IS THIS FOR:  The Global Wage Report 2024-25 provides a detailed look at wage trends around the world and in different regions, highlighting changes in wage inequality and real wage growth. It explores key challenges workers face globally and sheds light on patterns of income differences between and within countries.

 This report finds that since the early 2000’s, on average, wage inequality, which compares the wages of high and low wage earners, decreased in many countries at an average rate that ranged from 0.5 to 1.7 per cent annually, depending on the measure used. The most significant decreases occurred among low-income countries where the average annual decrease ranged from 3.2 to 9.6 per cent in the past two decades.

Wage inequality is declining at a slower pace in wealthier countries, shrinking annually between 0.3 and 1.3 per cent in upper-middle-income-countries, and between 0.3 to 0.7 per cent in high-income countries. Moreover, even though wage inequality narrowed overall, decreases were more significant among wage workers at the upper end of the pay scale. The information in the report is useful for trade union leaders involved in collective bargaining.

Download here
Global Wage Report 2024 – 2025