In 2021, average wage in state-owned units for Ningxia was 111,640 yuan. Between 2007 and 2021, average wage in state-owned units of Ningxia grew substantially from 26,157 to 111,640 yuan rising at an increasing annual rate that reached a maximum of 23.53% in 2020 and then decreased to 5.51% in 2021.
The description is composed by our digital data assistant.Average Wage refers to the average per capita wage in money terms during a certain period of time for employed persons. It shows the general level of wage income of staff and worker during a certain period of time, one major indicator to reflect the wage level. It is calculated as follows: average wage = total wage bill of employed persons at reference time / averaged number of persons employed at reference time. This indicator includes average wage of employed persons only in urban units.
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