The average salary in Luxembourg was around 75,700 euros per year in 2022, compared with 76,400 in 2021. During this time period, wages in Luxembourg were at their lowest in 2000, when the annual wage was 62,069, and highest in the previous year.

Wages in Luxembourg increased to 6966.17 EUR/Month in 2024 from 6742.70 EUR/Month in 2023. This dataset provides - Luxembourg Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic displays the average monthly disposable income per household in Luxembourg from 2003 to 2020 (in euros). In 2020, the average disposable income per household in Luxembourg was approximately ***** euros per month.

In 2022, citizens in Luxembourg working in financial and insurance activities earned on average almost 111,500 euros per year. This is significantly higher than those working in the service sector, as their annual income averaged under 75,000 euros. It is even more significantly higher than those working in the construction sector, who earned on average just under 48,800 euros a year.

Key information about Luxembourg Monthly Earnings

• Luxembourg Monthly Earnings stood at 6,791 USD in Dec 2023, compared with the previous figure of 6,185 USD in Dec 2022
• Luxembourg Monthly Earnings data is updated yearly, available from Dec 2005 to Dec 2023, with an average number of 5,879 USD
• The data reached the an all-time high of 6,791 USD in Dec 2023 and a record low of 4,533 USD in Dec 2005

CEIC calculates Monthly Earnings from annual Gross Average Earnings divided by 12 and converts it into USD. The Statistics Portal of Luxembourg provides Gross Average Earnings in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Monthly Earnings cover employees and blue collar workers' earnings only.


Further information about Luxembourg Monthly Earnings

• In the latest reports, Luxembourg Population reached 1 million people in Dec 2023
• Unemployment Rate of Luxembourg dropped to 6 % in Jun 2024
• The country's Labour Force Participation Rate increased to 55 % in Dec 2023

Luxembourg - Labour costs: Wages and salaries (total) was EUR48.40 in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Luxembourg - Labour costs: Wages and salaries (total) - last updated from the EUROSTAT on July of 2025. Historically, Luxembourg - Labour costs: Wages and salaries (total) reached a record high of EUR48.40 in December of 2024 and a record low of EUR27.70 in December of 2008.

Luxembourg had the highest average annual wage in Europe in 2023, at approximately ****** U.S. dollars when adjusting for purchasing power parity (PPP). Greece, which had an average annual salary of less than ****** U.S dollars a year, had the lowest among the countries provided in this statistic.

Luxembourg Gross Avg Annual Earnings: Industry data was reported at 50,390.910 EUR in 2016. This records an increase from the previous number of 50,342.000 EUR for 2015. Luxembourg Gross Avg Annual Earnings: Industry data is updated yearly, averaging 46,930.000 EUR from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 50,390.910 EUR in 2016 and a record low of 40,488.000 EUR in 2005. Luxembourg Gross Avg Annual Earnings: Industry data remains active status in CEIC and is reported by The Portal of Statistics of Luxembourg. The data is categorized under Global Database’s Luxembourg – Table LU.G011: Gross Average Annual Earnings.

Luxembourg LU: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 12.700 % in 2021. This records a decrease from the previous number of 14.300 % for 2020. Luxembourg LU: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 9.900 % from Dec 1985 (Median) to 2021, with 37 observations. The data reached an all-time high of 14.300 % in 2020 and a record low of 5.500 % in 1993. Luxembourg LU: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

Luxembourg LU: GDP: Growth: Adjusted Net National Income per Capita data was reported at 2.017 % in 2016. This records a decrease from the previous number of 2.800 % for 2015. Luxembourg LU: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 2.697 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 16.699 % in 2004 and a record low of -27.476 % in 2009. Luxembourg LU: GDP: Growth: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;

Luxembourg had the highest average monthly salary of employees in the world in 2024 in terms of purchasing power parities (PPP), which takes the average cost of living in a country into account. Belgium followed in second, with the Netherlands in third.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Luxemburg, WI, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 20,342, while the mean income for the highest quintile (20% of households with the highest income) is 194,540. This indicates that the top earners earn 10 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 302,814, which is 155.66% higher compared to the highest quintile, and 1488.61% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2022 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Luxemburg median household income. You can refer the same here

As of 2023, the average annual wage of Germany was 48,301 euros per year, a growth of almost 6,000 Euros when compared with 2000. From 2000 until 2007, wages rose by less than a thousand euros, with wage growth accelerating mainly in the period after 2010. Comparisons with rest of the EU Within the European Union Luxembourg had an average annual salary of almost 80 thousand Euros, with Germany having an annual salary comparable to other large European Countries, such as the United Kingdom and France. In neighboring Poland, the average annual salary was just over 39 thousand U.S dollars, meaning that German’s earned, on average, 20 percent more than what their Polish counterparts did. German economy slowing in 2023 While Germany initially had one of the strongest recoveries from the 2008 financial crash and as of 2020 had the largest economy in Europe its economy has started to slow in recent years. For 2023 the German economy is contracted by 0.26 percent, and while 2024 marked a slight improvement, the expectations are that 2025 remains a year of slow growth.

Luxembourg Gross Avg Annual Earnings: Female: Manufacturing data was reported at 41,271.977 EUR in 2016. This records an increase from the previous number of 41,143.000 EUR for 2015. Luxembourg Gross Avg Annual Earnings: Female: Manufacturing data is updated yearly, averaging 37,413.000 EUR from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 41,271.977 EUR in 2016 and a record low of 31,207.000 EUR in 2005. Luxembourg Gross Avg Annual Earnings: Female: Manufacturing data remains active status in CEIC and is reported by The Portal of Statistics of Luxembourg. The data is categorized under Global Database’s Luxembourg – Table LU.G011: Gross Average Annual Earnings.

The Gross Domestic Product per capita in Luxembourg was last recorded at 103909.19 US dollars in 2024. The GDP per Capita in Luxembourg is equivalent to 823 percent of the world's average. This dataset provides the latest reported value for - Luxembourg GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Luxembourg - GDP and main components: Wages and salaries was EUR9009.80 Million in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Luxembourg - GDP and main components: Wages and salaries - last updated from the EUROSTAT on July of 2025. Historically, Luxembourg - GDP and main components: Wages and salaries reached a record high of EUR9009.80 Million in March of 2025 and a record low of EUR1570.90 Million in March of 1995.

As of 2023, Rwanda had the lowest average monthly salary of employees in the world in terms of purchasing power parities (PPP), which takes the average cost of living in a country into account. Gambia had the second lowest average wages, with Ethiopia in third. Of the 20 countries with the lowest average salaries in the world, 17 were located in Africa. On the other hand, Luxembourg had the highest average monthly salaries of employees.

This graph shows average wages around the world in 2012 as calculated by purchasing power parity. In 2012 the highest average wage was earned in Luxembourg at 4,089 purchasing power parity dollars. Wages and salaries Wages and salaries in the United States have increased during the last decades. The median weekly earnings of a full-time wage and salary worker were about 241 U.S. dollars in 1979 and shifted up to 768 U.S. dollars in 2012.

The median earnings of U.S. full-time wage and salary workers vary across their educational attainment. The highest paid workers are those who hold a bachelor’s degree, according to the U.S. Bureau of Labor Statistics.

The U.S. federal government specified minimum wage laws for workers in the United States, which say that workers must be paid no less than the current federal minimum wage. The minimum wage was set at 7.25 U.S. dollars per hour by federal law. The actual minimum wage varies from state to state, as some states have additional minimum wage laws.

For instance, the minimum wage in Washington was around 9.04 U.S. dollars per hour, while the worst minimum wage can be found in Georgia, where workers earn at least 5.15 U.S. dollars per hour. No minimum wages can be found in Tennessee, Alabama, Louisiana, South Carolina and Mississippi, as of January 1, 2012.

The number of workers paid hourly rates with earnings at or below the minimum wage in the U.S. was at its highest in the industry type of leisure and hospitality in 2013.

Recent statistics show that the share of female workers paid hourly rates at or below prevailing federal minimum wage in the United States decreased since 1979. In that year, 20.2 percent of the female wage and salary workers were paid below the federal minimum wage, while only 2.9 percent of the female workers were paid below the federal minimum wage in 2006.

Luxembourg Gross Avg Annual Earnings data was reported at 75,345.586 EUR in 2023. This records an increase from the previous number of 70,583.000 EUR for 2022. Luxembourg Gross Avg Annual Earnings data is updated yearly, averaging 56,806.000 EUR from Dec 2005 (Median) to 2023, with 19 observations. The data reached an all-time high of 75,345.586 EUR in 2023 and a record low of 43,769.000 EUR in 2005. Luxembourg Gross Avg Annual Earnings data remains active status in CEIC and is reported by Statistics Portal of Luxembourg. The data is categorized under Global Database’s Luxembourg – Table LU.G011: Gross Average Annual Earnings.

Luxembourg - Median relative income of elderly people (60+) was 1.13% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Luxembourg - Median relative income of elderly people (60+) - last updated from the EUROSTAT on July of 2025. Historically, Luxembourg - Median relative income of elderly people (60+) reached a record high of 1.27% in December of 2020 and a record low of 1.08% in December of 2010.