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.
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.
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
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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.
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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.
Explore the progression of average salaries for graduates in European Studies And Political Science from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of European Studies And Political Science relative to other fields. This data is essential for students assessing the return on investment of their education in European Studies And Political Science, providing a clear picture of financial prospects post-graduation.
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.
The country with the highest minimum wage rate in Europe during the first half of 2025 was Luxembourg, with a minimum wage of 2638 euros. Ireland, the Netherlands, and Germany were the countries with the next highest minimum wages, all above 2000 euros a month, while Albania, Bulgaria, and Montenegro had the lowest minimum wages in the same period.
Explore the progression of average salaries for graduates in International And European Union Law from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of International And European Union Law relative to other fields. This data is essential for students assessing the return on investment of their education in International And European Union Law, providing a clear picture of financial prospects post-graduation.
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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.
Explore the progression of average salaries for graduates in Finnish And European Languages from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Finnish And European Languages relative to other fields. This data is essential for students assessing the return on investment of their education in Finnish And European Languages, providing a clear picture of financial prospects post-graduation.
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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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.
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.
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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
Explore the progression of average salaries for graduates in Chemical Engineering & European Studies from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Chemical Engineering & European Studies relative to other fields. This data is essential for students assessing the return on investment of their education in Chemical Engineering & European Studies, providing a clear picture of financial prospects post-graduation.
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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.
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.