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.

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.

Average net earnings in the European Union was ****** Euros for a single person with no children in 2022, while for a couple with children who both worked it was ****** Euros. Among countries in Europe, *********** was the country with the highest net earnings in 2022, followed by *******************************. The lowest net earnings were found in Bulgaria and Romania, where a single person without children earned on average less than ***** Euros in 2022.

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.

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.

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.

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.

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 ********** men earned on average ***** U.S. Dollars a month and women earned ***** U.S. Dollars (a gap of roughly ***** Euros), in *********** men earned ***** U.S. Dollars - a whole ***** U.S. dollars more than the average earnings for women, at ***** dollars.

This dataset provides values for MINIMUM WAGES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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.

In 2022, employees in ********* had the highest average salary in the ICT sector among Central and Eastern European (CEE) countries, at over ***** euros. To compare, ICT employees in Croatia earned ***** euros per month on average.

Context

European and transcontinental countries by monthly average wage in euros (gross and net). Data updated for each country range from 2016 - 2021.

Acknowledgements

Data taken from here on 14/03/21 https://en.wikipedia.org/wiki/List_of_European_countries_by_average_wage

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.

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.

As of 2023, the average taxation rate for a single person without children who earned an average salary in the European Union was 29.67 percent of their total earnings. For a two-earner couple without children earning an average salary it was slightly less, at 29.57 percent, while for a single person without children earning 1.67 times the average salary, the rate of taxation in the EU was 35.16%. Having children greatly reduced the average rate of taxation, with a one-earner couple with two children in the EU only paying out 15.97 percent of their gross household earnings in taxes in 2023. Tax rates in Europe are generally quite high, due to the progressive income tax systems set in place during the 20th century in many countries, which require high taxation in order to fund generous social welfare systems. Belgium was the country with the highest average rates of taxation in 2023, with a high earning single person without children subject to pay almost half of their gross household earnings out in taxes. Other countries in North-western Europe such as Germany, Denmark, and Luxembourg also top the list for highest income taxation rates in Europe, while Cyprus was the country in Europe with the lowest average taxation rates in Europe during the same period. In both Czechia and Poland, single-earner families with two children actually saw the lowest average tax rates, due to the strong pronatalist policies in these countries and tax incentives for traditional single-earner households.

As of June 2024, ******* recorded the highest average net salary among CEE countries, followed by Slovenia, Czechia, and Poland. ********** earned the least, *** euros net.

European Wages and Salaries in Civil Engineering by Country, 2023 Discover more data with ReportLinker!

The national minimum wage per month in Spain increased steadily over the last years. The minimum monthly wage grew by about 89 percent from 2008 to 2024, with salaries increasing from 600 euros a month to 1,134 euros a month in 2023. In 2019, the Socialist government of Spain passed a decree by which the national minimum wage would be given a boost of 164 euros, therefore making it stand at 900 euros per month as of that year, the largest increase to date.

Salaries in Spain

Along with the monthly wage, the national minimum daily wage also grew consistently over the past years, with the gross minimum standing at 37.8 euros a day in 2024 relative to 20 euros a day in 2008. Annual wages in Spain have however not followed this trend and fluctuated greatly during the same period. The highest average wage registered in Spain took place in 2009, year in which the mean salary amounted to over 30,000 euros a year after a period of ongoing growth. Spanish salaries however initiated a downtrend that prompted the average worker to earn approximately 29,113 thousand euros a year in 2022.

Salaries in Europe

Iceland ranked as the European country that featured the highest salaries in 2022, with an average wage of approximately 79,473 euros a year. Luxembourg and Switzerland followed second and third, with average salaries of 78,000 and 73,000 a year, respectively. In terms of growth, Portugal ranked as the country that saw the lowest decrease in salaries in 2022 compared to the previous year, with a development of -0.2 percent more relative to 2021, during that year, no European country registered an increase in real wages.

This statistic shows a forecast for the development of the real wages in the member states of the European Union in 2024. In 2024, the real wages in Romania are forecasted to increase by 5.9 percent compared to the previous year.

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.