« Back to article | Print this article |
Although the global economy is struggling to pick up momentum, there are some countries where employees are expected to receive a big boost in salaries.
Let's take a look at some nations where wages are projected to soar.
Source: 24/7 Wall St
Click NEXT to read more...
Ukraine
Forecast real wage growth: 6.1 per cent
Forecast 2014 inflation rate: 1.9 per cent
Forecast 2014 GDP growth: 1.5 per cent
GDP per capita (2012): $7,295
Overall rank in salary increase: 1
Ukraine, which has an unemployment rate of 7.4 per cent, is expected to see more than 6 per cent rise in salaries.
Click NEXT to read more...
China
Forecast real wage growth: 5.0 per cent
Forecast 2014 inflation rate: 3.0 per cent
Forecast 2014 GDP growth: 7.3 per cent
GDP per capita (2012): $9,055
Overall rank in salary increase: 2
China, which has an unemployment rate of 4.1 per cent, is expected to see more than 5 per cent rise in salaries.
Click NEXT to read more...
Pakistan
Forecast real wage growth: 4.8 per cent
Forecast 2014 inflation rate: 7.9 per cent
Forecast 2014 GDP growth: 2.5 per cent
GDP per capita (2012): $3,056
Overall rank in salary increase: 3
Pakistan, which has an unemployment rate of 5.6 per cent, is expected to see nearly 5 per cent rise in salaries.
Click NEXT to read more...
Bangladesh
Forecast real wage growth: 4.0 per cent
Forecast 2014 inflation rate: 6.5 per cent
Forecast 2014 GDP growth: 6.0 per cent
GDP per capita (2012): $1,963
Overall rank in salary increase: 4
Bangladesh, which has an unemployment rate of 5 per cent, is expected to see 4 per cent rise in salaries.
Click NEXT to read more...
Thailand
Forecast real wage growth: 3.9 per cent
Forecast 2014 inflation rate: 2.1 per cent
Forecast 2014 GDP growth: 5.2 per cent
GDP per capita (2012): $9,503
Overall rank in salary increase: 5
Thailand, which has an unemployment rate of 0.7 per cent, is expected to see nearly 4 per cent rise in salaries.
Click NEXT to read more...
Vietnam
Forecast real wage growth: 3.6 per cent
Forecast 2014 inflation rate: 7.4 per cent
Forecast 2014 GDP growth: 5.4 per cent
GDP per capita (2012): $3,788
Overall rank in salary increase: 6
Vietnam, which has an unemployment rate of 4.46 per cent, is expected to see 3.6 per cent rise in salaries.
Click NEXT to read more...
The Philippines
Forecast real wage growth: 3.5 per cent
Forecast 2014 inflation rate: 3.5 per cent
Forecast 2014 GDP growth: 6.0 per cent
GDP per capita (2012): $4,380
Overall rank in salary increase: 7
The Philippines, which has an unemployment rate of 7.1 per cent, is expected to see 3.5 per cent rise in salaries.
Click NEXT to read more...
Malaysia
Forecast real wage growth: 3.1 per cent
Forecast 2014 inflation rate: 2.6 per cent
Forecast 2014 GDP growth: 4.9 per cent
GDP per capita (2012): $16,794
Overall rank in salary increase: 8
Malaysia, which has an unemployment rate of 3.2 per cent, is expected to see 3.1 per cent rise in salaries.
Click NEXT to read more...
Bulgaria
Forecast real wage growth: 3.0 per cent
Forecast 2014 inflation rate: 1.5 per cent
Forecast 2014 GDP growth: 1.6 per cent
GDP per capita (2012): $14,103
Overall rank in salary increase: 9
Bulgaria, which has an unemployment rate of 12.5 per cent, is expected to see 3.0 per cent rise in salaries.
Click NEXT to read more...
Kenya
Forecast real wage growth: 3.0 per cent
Forecast 2014 inflation rate: 5.0 per cent
Forecast 2014 GDP growth: 6.2 per cent
GDP per capita (2012): $1,781
Overall rank in salary increase: 10
Kenya, which has an unemployment rate of 40 per cent, is expected to see 3.0 per cent rise in salaries.