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UK professionals are expected to receive a 1.1 percent real salary increase in 2020, equating to approximately £334.62pa on average.

The average real salary increase in China is forecast to be 3.6% above inflation in 2020, down slightly from 3.7% in 2019.

The average real salary increase in Hong Kong is forecast to be 1.4% above inflation in 2020, up from 1.0% in 2019.

The average real salary increase in Singapore is forecasted to be 3.0% in 2020, down from 3.3% in 2019.

Europe now accounts for less than a fifth of the world's top 100 most expensive cities due to the weakened euro.

Singapore has moved up the ranks to become the 12th most expensive location in the world for expatriates, up from 20th place last year.

Hong Kong is now the fourth most expensive location in the world for expatriates, climbing from 11th last year.

The average pay package for an expatriate in the UK has risen by over GBP 40 000.

 

The overall cost of sending a mid-level expat to Hong Kong would now cost a company an average of USD 276 417.

The average expatriate pay package rises in Singapore, including an average salary increase of USD 4,874.