Luxembourg had the highest average annual wage in Europe in 2023, at approximately 89,700 U.S. dollars when adjusting for purchasing power parity (PPP). Greece, which had an average annual salary of less than 30,238 U.S dollars a year, had the lowest among the countries provided in this statistic.
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This dataset provides values for WAGES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
Germany had an average salary of 65.7 thousand U.S dollars per year in 2023, the highest among the five largest European economies. Germany has consistently had the highest wages in Europe over the last thirty years. Many countries in Europe experienced a significant decrease in their average wage level following the global financial crisis of 2008, with France and Germany bucking this trend by retaining robust wage growth. While British wages have stagnated since the crash, only surpassing their 2007 level in 2019, Italian and Spanish wages have in fact fallen, driven by the macroeconomic troubles of these countries since the Eurozone crisis.
Average net earnings in the European Union was 26,136 Euros for a single person with no children in 2022, while for a couple with children who both worked it was 55,573 Euros. Among countries in Europe, Switzerland was the country with the highest net earnings in 2022, followed by Iceland, Luxembourg, and Norway. The lowest net earnings were found in Bulgaria and Romania, where a single person without children earned on average less than 9,000 Euros in 2022.
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Mean and median income by age and sex
Net annual earnings for a single earner family with two children in the European Union have increased from 25,434 euros in 2013 to 33,939 euros over the period from 2013 to 2023. Net earnings received a boost during the pandemic years of 2020 and 2021, in spite of gross earnings decreasing in 2020, due to reduced taxes and increased family allowances.
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This dataset provides values for WAGES IN MANUFACTURING reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Wages In the Euro Area increased 4.10 percent in December of 2024 over the same month in the previous year. This dataset provides the latest reported value for - Euro Area Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In all countries in Europe, there was a significant gender pay gap when looking at average monthly earnings in 2022. This pay gap varied between countries, however, with the differences between the two countries with the highest average earnings being illustrative of this. While in Luxembourg men earned on average 8,027 U.S. Dollars a month and women earned 6,666 U.S. Dollars (a gap of roughly 1,350 Euros), in Switzerland men earned 7,719 U.S. Dollars - a whole 2,500 U.S. dollars more than the average earnings for women, at 5,159 dollars.
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This dataset provides values for WAGE GROWTH reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
As of June 2024, Estonia recorded the highest average net salary among CEE countries, followed by Slovenia, Czechia, and Poland. Ukrainians earned the least, 285 euros net.
Information on net earnings (net pay taken home, in absolute figures) complements gross earnings data with respect to disposable earnings. The transition from gross to net earnings requires the deduction of income taxes and employee's social security contributions from the gross amounts and the addition of family allowances, if appropriate. The amount of these components and therefore the ratio of net to gross earnings depend on the individual situation (marital status, number of dependent children, and level of gross earnings compared to the average salary). The figures represent the percentage change on the previous period, defined as either the annual amount or the average the last 3 years. The data is based on a widely acknowledged model developed by the OECD, where tax and benefit information is obtained from national sources.
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This dataset provides values for AVERAGE HOURLY EARNINGS reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
https://www.ine.es/aviso_legalhttps://www.ine.es/aviso_legal
Women and Men in Spain: Average, median, modal annual salary, part time and full time by period. Annual. National.
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Wages In the Euro Area increased to 2574 EUR/Month in the third quarter of 2024 from 2549 EUR/Month in the second quarter of 2024. This dataset provides the latest reported value for - Euro Area Average Monthly wage per person - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Graph and download economic data for Labor Compensation: Earnings: Manufacturing: Hourly for Euro Area (19 Countries) (LCEAMN01EZA659S) from 1997 to 2024 about compensation, Euro Area, earnings, Europe, hours, and manufacturing.
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These files contain the gross salaries of teachers with 15 years experience in US dollars (USD) for early childhood education (earlychildedu), primary (pry), lower secondary (lowsry) and upper secondary (uppsry).
The following columns are found in each file: — year: year — ocde_min: minimum wage in all available OECD data — ocde_max: minimum wage in all available OECD data — ocde_med: median wage in all available OECD data — ocde_moy: average salary in all available OECD data — histo_min: minimum wage among countries whose data are available throughout the history — histo_max: minimum wage among countries whose data are available throughout the history — histo_med: median wage among countries whose data are available throughout the history — histo_moy: average salary among countries whose data are available throughout the history — Aus, AUT, CHL, etc.: country codes
Source: https://data.oecd.org/fr/teachers/salaires-des-enseignants.htm
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The average for 2021 based on 31 countries was 24.61 percent. The highest value was in Turkey: 34.7 percent and the lowest value was in Slovakia: 19.1 percent. The indicator is available from 1963 to 2023. Below is a chart for all countries where data are available.
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Boundless, the fully compliant Employer of Record platform, compiled and analysed the employment costs in 32 countries within Europe, including gross salary, social and health insurance contributions, income taxes, net pay and more.
To collect this data, Boundless leveraged their internal salary calculators, a resource developed and used by the Boundless Payroll team in collaboration with local payroll partners in each country. This approach enabled Boundless to capture the true costs associated with employing staff in each of the 32 countries, taking into account all applicable regional nuances, and ensure that the findings reflect the latest legal and economic conditions.
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Minimum wage statistics published by Eurostat refer to monthly national minimum wages. The data shown here apply to the situation on 1st of January each year. In some countries the basic national minimum wage is not fixed at a monthly rate but at an hourly or weekly rate. For these countries the hourly or weekly rates are converted into monthly rates. The national minimum wage is enforced by law, often after consultation with the social partners, or directly by national intersectoral agreement (this is the case in Belgium and Greece). The national minimum wage usually applies to all employees, or at least to a large majority of employees in the country. Minimum wages are gross amounts, that is, before deduction of income tax and social security contributions. Such deductions vary from country to country.
Luxembourg had the highest average annual wage in Europe in 2023, at approximately 89,700 U.S. dollars when adjusting for purchasing power parity (PPP). Greece, which had an average annual salary of less than 30,238 U.S dollars a year, had the lowest among the countries provided in this statistic.