The bar graphs illustrate the salary growth in G7 nations in the span of 7 and 5 years, from 2000 to 2007 and from 2008 to 2012.
Overall, it is noticed that all countries experienced fluctuating trends and witnessed a decline in the second period. The UK was the highest salary growth country in 2000 but turning to the second period, Canada and Germany kept the positive tendency.
Looking at the first period, the US and France had no deficit growth over the period. The UK had the highest growth in 2000 with 5%, followed by the US and Canada with 3,5% and 3%, respectively. Germany experienced an overall decreasing trend, started at 2% in 2000, fluctuated over the period and reached 0% at the end of the period. Both Italy and Japan had the lowest average growth rate, with the lowest growth being around -1% and -2%, respectively.
Turning to the second period, while other countries had at least one negative growth rate over the period, Canada and Germany managed to maintain the positive salary growth, with around 2% at their peak. Both France and the US started the period with negative wage growth at around -0,5% and experienced an increasing trend, while France tried to keep its positive growth throughout the period, the figure of the US turned to be negative in the last year. Italy, Japan and the UK had the least growth, their lowest rate being around -2% for UK and Italy, -1% for Japan.
