Canada vs Switzerland: Median income per year (after tax)

Canada
40,884 international-$ in 2021 prices
in 2022
Switzerland
42,731 international-$ in 2021 prices
in 2022
Canada rank
7th
Switzerland rank
5th

Median income per year (after tax) over time

  • Canada
  • Switzerland
010.0k20.0k30.0k40.0k197119962022

How they compare

Switzerland currently reports 42,731 international-$ in 2021 prices against 40,884 international-$ in 2021 prices in Canada, a difference of 1,847 international-$ in 2021 prices.

Across all 25 years both countries report, Switzerland has been ahead every year.

Canada ranks 7th and Switzerland ranks 5th of 47 countries.

Switzerland has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Canada Switzerland Difference Ahead
1980s 28,284 international-$ in 2021 prices 36,651 international-$ in 2021 prices 8,367 international-$ in 2021 prices Switzerland
1990s 29,762 international-$ in 2021 prices 37,307 international-$ in 2021 prices 7,545 international-$ in 2021 prices Switzerland
2000s 32,849 international-$ in 2021 prices 39,555 international-$ in 2021 prices 6,706 international-$ in 2021 prices Switzerland
2010s 37,840 international-$ in 2021 prices 42,842 international-$ in 2021 prices 5,002 international-$ in 2021 prices Switzerland
2020s 41,501 international-$ in 2021 prices 43,052 international-$ in 2021 prices 1,551 international-$ in 2021 prices Switzerland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher median income per year (after tax), Canada or Switzerland?
Switzerland, at 42,731 international-$ in 2021 prices against 40,884 international-$ in 2021 prices in Canada as of 2022.
What is the difference in median income per year (after tax) between Canada and Switzerland?
1,847 international-$ in 2021 prices, with Switzerland ahead.
How many years of comparable data are there for Canada and Switzerland?
25 years are reported by both, from 1982 to 2022.
How do Canada and Switzerland rank globally for median income per year (after tax)?
Canada ranks 7th and Switzerland ranks 5th of 47 countries.
Where does this data come from?
Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as Median income per year (after tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Switzerland: Median income per year (after tax). Statizoid, drawing on Luxembourg Income Study (2026) – with minor processing by Our World in Data. Retrieved 06 September 2026, from https://economy.statizoid.com/compare/median-income-after-tax-lis/canada/switzerland/

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About this data

Indicator
Median income per year (after tax)
Unit
international-$ in 2021 prices
Source
Luxembourg Income Study (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
47 places, 1,030 data points, 1963–2024
Last refreshed

Value of income per year below which 50% of the population live.