The average salary in Greece was 17,685 euros per year in 2023, compared with 17,605 in 2022. During this time period, wages in Greece were at their lowest in 2014, when the annual wage was 18,809, and highest in 2009, when it average earnings were 24,005 per year.

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.

Greece Daily Minimum Wage: Blue Collar Workers: Annual Average data was reported at 26.180 EUR in 2017. This stayed constant from the previous number of 26.180 EUR for 2016. Greece Daily Minimum Wage: Blue Collar Workers: Annual Average data is updated yearly, averaging 26.180 EUR from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 33.320 EUR in 2011 and a record low of 21.050 EUR in 2001. Greece Daily Minimum Wage: Blue Collar Workers: Annual Average data remains active status in CEIC and is reported by Bank of Greece. The data is categorized under Global Database’s Greece – Table GR.G019: Minimum Wages.

Minimum Wages in Greece remained unchanged at 968 EUR/Month in the second quarter of 2025 from 968 EUR/Month in the fourth quarter of 2024. This dataset provides the latest reported value for - Greece Minimum Monthly Wage - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Greece Monthly Minimum Salary: White Collar Workers: Annual Average data was reported at 586.080 EUR in 2017. This stayed constant from the previous number of 586.080 EUR for 2016. Greece Monthly Minimum Salary: White Collar Workers: Annual Average data is updated yearly, averaging 586.080 EUR from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 745.900 EUR in 2011 and a record low of 469.650 EUR in 2001. Greece Monthly Minimum Salary: White Collar Workers: Annual Average data remains active status in CEIC and is reported by Bank of Greece. The data is categorized under Global Database’s Greece – Table GR.G019: Minimum Wages.

As of January 2024, the net minimum wage in Greece stood at 667 euros per month. The figure went up 8.6 percent compared to the corresponding period of the previous year. Over the observed period, the minimum wage in the country saw an increase.

This paper takes a historical perspective and assesses the evolution of the institutional features in setting the minimum wage in Greece between 1975 and 2023. It also evaluates developments regarding the minimum wage level, its bite and alignment with productivity. The paper reviews the limited available empirical literature on the association of the minimum wage with labour market outcomes (average wages, employment, inequality). It presents new estimates of the elasticity of average wages to the minimum wage. One of the paper's key points is that the minimum wage setting mechanism has changed over time as the economic environment has changed. Reviewing the evolution of the minimum wage over time to evaluate whether the minimum wage follows productivity developments and whether the minimum wage bites leads to the second and third takeaways of the paper. The minimum wage follows productivity developments over the longer term but not always in the short term. The bite of the minimum wage is high and appears to be higher when government intervention in setting the minimum wage is higher. As for the impact of the minimum wage on average wages, the paper provides new estimates of the elasticity of the average to the minimum wage, using more precisely measured wage rates, which show a high elasticity of average to minimum wages. Finally, the review of the existing literature on the employment effects of the minimum wage shows that, as in other countries, the results are mixed with modest negative or no effects.

About this dataset

Context

The dataset presents the median household income across different racial categories in Greece town. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Greece town population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 77.80% of the total residents in Greece town. Notably, the median household income for White households is $81,553. Interestingly, White is both the largest group and the one with the highest median household income, which stands at $81,553.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Greece town.
• Median household income: Median household income, adjusting for inflation, presented in 2023-inflation-adjusted dollars

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 Greece town median household income by race. You can refer the same here

Greece GR: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Outside Region data was reported at 37.630 % in 2016. This records an increase from the previous number of 37.191 % for 2015. Greece GR: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Outside Region data is updated yearly, averaging 20.775 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 42.320 % in 2012 and a record low of 6.157 % in 1961. Greece GR: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Outside Region data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greece – Table GR.World Bank.WDI: Exports. Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

About this dataset

Context

The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in Greece town. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.

Key observations: Insights from 2023

Based on our analysis ACS 2019-2023 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In Greece town, the median income for all workers aged 15 years and older, regardless of work hours, was $48,770 for males and $34,922 for females.

These income figures indicate a substantial gender-based pay disparity, showcasing a gap of approximately 28% between the median incomes of males and females in Greece town. With women, regardless of work hours, earning 72 cents to each dollar earned by men, this income disparity reveals a concerning trend toward wage inequality that demands attention in thetown of Greece town.

- Full-time workers, aged 15 years and older: In Greece town, among full-time, year-round workers aged 15 years and older, males earned a median income of $63,707, while females earned $56,003, resulting in a 12% gender pay gap among full-time workers. This illustrates that women earn 88 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the town of Greece town.

Interestingly, when analyzing income across all roles, including non-full-time employment, the gender pay gap percentage was higher for women compared to men. It appears that full-time employment presents a more favorable income scenario for women compared to other employment patterns in Greece town.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Gender classifications include:

• Male
• Female

Employment type classifications include:

• Full-time, year-round: A full-time, year-round worker is a person who worked full time (35 or more hours per week) and 50 or more weeks during the previous calendar year.
• Part-time: A part-time worker is a person who worked less than 35 hours per week during the previous calendar year.

Variables / Data Columns

• Year: This column presents the data year. Expected values are 2010 to 2023
• Male Total Income: Annual median income, for males regardless of work hours
• Male FT Income: Annual median income, for males working full time, year-round
• Male PT Income: Annual median income, for males working part time
• Female Total Income: Annual median income, for females regardless of work hours
• Female FT Income: Annual median income, for females working full time, year-round
• Female PT Income: Annual median income, for females working part time

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 Greece town median household income by race. You can refer the same here

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Greece, New York, 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 20,400, while the mean income for the highest quintile (20% of households with the highest income) is 215,224. This indicates that the top earners earn 11 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 354,972, which is 164.93% higher compared to the highest quintile, and 1740.06% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 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 2023 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 Greece town median household income. You can refer the same here

Greece Monthly Minimum Salary: White Collar Workers data was reported at 830.000 EUR in Dec 2024. This stayed constant from the previous number of 830.000 EUR for Nov 2024. Greece Monthly Minimum Salary: White Collar Workers data is updated monthly, averaging 608.320 EUR from Jan 2001 (Median) to Dec 2024, with 288 observations. The data reached an all-time high of 830.000 EUR in Dec 2024 and a record low of 465.900 EUR in Jun 2001. Greece Monthly Minimum Salary: White Collar Workers data remains active status in CEIC and is reported by Bank of Greece. The data is categorized under Global Database’s Greece – Table GR.G030: Minimum Wages.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Greece town. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Greece town. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Greece town, householders within the 45 to 64 years age group have the highest median household income at $96,109, followed by those in the 25 to 44 years age group with an income of $82,654. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $53,879. Notably, householders within the under 25 years age group, had the lowest median household income at $39,871.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

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 Greece town median household income by age. You can refer the same here

Greece - Housing cost overburden rate: Below 60% of median equivalised income was 86.30% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Housing cost overburden rate: Below 60% of median equivalised income - last updated from the EUROSTAT on March of 2025. Historically, Greece - Housing cost overburden rate: Below 60% of median equivalised income reached a record high of 94.00% in December of 2015 and a record low of 67.70% in December of 2010.

The median hourly earnings for full-time employees in the United Kingdom was 18.72 British pounds in 2024, compared with 17.48 pounds in the previous year. At the start of this provided time period, in 1997, the average hourly wage in the UK was 7.92 pounds per hour, rising to more than ten pounds per hour by 2003, and above 15 pounds per hour by 2020. Minimum and living wage in the UK In the United Kingdom, employers are expected to pay their employees a minimum wage that is determined by how old they are. Under 18s for example, had a minimum wage of 5.28 British pounds in 2023, with the figure increasing to 7.49 pounds those aged 18 to 20, 10.18 for 21 to 22 year old's, and 10.42 for those aged 23 and over. There is also a voluntarily paid living Wage that employers can choose to pay their workers. For the 2023/24 financial year this was twelve pounds an hour, rising to 13.15 pounds an hour for workers based in London. Icelandic the highest earners in Europe Iceland had the highest average annual wage in the Europe in 2022 at around 79,500 U.S dollars. This was followed by Luxembourg at 78,300 dollars, Switzerland at 72,990 and Belgium at 64,850 dollars. The United Kingdom’s average annual wage amounted to around 53,985 U.S dollars in the same year. In this year, the country with the lowest annual salary in Europe was Greece, at 25,980 pounds per year.

Greece - Population living in households considering that they suffer from noise: Below 60% of median equivalised income was 27.60% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Population living in households considering that they suffer from noise: Below 60% of median equivalised income - last updated from the EUROSTAT on March of 2025. Historically, Greece - Population living in households considering that they suffer from noise: Below 60% of median equivalised income reached a record high of 27.60% in December of 2023 and a record low of 14.50% in December of 2004.

The house price to income ratio in Greece in the first quarter of 2024 increased since 2019 when it reached its lowest value. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. The index score in the first quarter of 2024 amounted to 116.5, which means that house price growth had outpaced income growth by 16.5 percent since 2015. This was lower than the average house price to income ration in the Euro area 16.

Greece - Population unable to keep home adequately warm: Below 60% of median equivalised income was 39.80% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Population unable to keep home adequately warm: Below 60% of median equivalised income - last updated from the EUROSTAT on March of 2025. Historically, Greece - Population unable to keep home adequately warm: Below 60% of median equivalised income reached a record high of 52.60% in December of 2014 and a record low of 24.70% in December of 2006.

Greece - Population reporting occurrence of crime, violence or vandalism in their area: Below 60% of median equivalised income was 23.70% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Population reporting occurrence of crime, violence or vandalism in their area: Below 60% of median equivalised income - last updated from the EUROSTAT on March of 2025. Historically, Greece - Population reporting occurrence of crime, violence or vandalism in their area: Below 60% of median equivalised income reached a record high of 23.70% in December of 2023 and a record low of 4.90% in December of 2005.

Greece - Dispersion around the at Risk of Poverty threshold for elderly people: at Risk of Poverty rate (cut-off point: 70% of median equivalised income) was 24.80% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Dispersion around the at Risk of Poverty threshold for elderly people: at Risk of Poverty rate (cut-off point: 70% of median equivalised income) - last updated from the EUROSTAT on February of 2025. Historically, Greece - Dispersion around the at Risk of Poverty threshold for elderly people: at Risk of Poverty rate (cut-off point: 70% of median equivalised income) reached a record high of 34.00% in December of 2011 and a record low of 18.40% in December of 2016.