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.

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.

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.

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.

Wages in Slovakia increased to 1801 EUR/Month in May from 1755 EUR/Month in April of 2025. This dataset provides - Slovakia Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Slovenia increased to 2521.21 EUR/Month in April from 2496.61 EUR/Month in March of 2025. This dataset provides - Slovenia Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 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.

Wages in Bulgaria increased to 2556 BGN/Month in March from 2366 BGN/Month in February of 2025. This dataset provides - Bulgaria Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Wages in Lithuania increased to 2337.70 EUR/Month in the first quarter of 2025 from 2335.90 EUR/Month in the fourth quarter of 2024. This dataset provides - Lithuania Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bulgaria Avg Monthly Wages: Gross data was reported at 2,468.000 BGN in Dec 2024. This records an increase from the previous number of 2,383.000 BGN for Nov 2024. Bulgaria Avg Monthly Wages: Gross data is updated monthly, averaging 738.000 BGN from Jan 2000 (Median) to Dec 2024, with 300 observations. The data reached an all-time high of 2,468.000 BGN in Dec 2024 and a record low of 202.000 BGN in Jan 2000. Bulgaria Avg Monthly Wages: Gross data remains active status in CEIC and is reported by National Statistical Institute. The data is categorized under Global Database’s Bulgaria – Table BG.G013: Gross Average Monthly Wages: by Sector.

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.

Explore the progression of average salaries for graduates in European Union 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 European Union Studies relative to other fields. This data is essential for students assessing the return on investment of their education in European Union Studies, providing a clear picture of financial prospects post-graduation.

Slovakia Avg Gross Monthly Wages data was reported at 1,643.000 EUR in Dec 2024. This records an increase from the previous number of 1,484.000 EUR for Sep 2024. Slovakia Avg Gross Monthly Wages data is updated quarterly, averaging 702.995 EUR from Mar 1991 (Median) to Dec 2024, with 136 observations. The data reached an all-time high of 1,643.000 EUR in Dec 2024 and a record low of 110.440 EUR in Mar 1991. Slovakia Avg Gross Monthly Wages data remains active status in CEIC and is reported by Statistical Office of the Slovak Republic. The data is categorized under Global Database’s Slovakia – Table SK.G019: Average Monthly Wages: Gross and Net. Entrepreneurs incomes are excluded. Since March 2006 incomes of armed wages are included. Data is adjusted by statistical estimate of non-registered wages.

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.

Luxembourg had the highest starting salary for primary teachers in Europe, at ****** U.S. dollars. Hungary had the lowest starting annual salary for primary teachers, at ****** dollars.

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.