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.
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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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Wages In the Euro Area increased 3.40 percent in March of 2025 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.
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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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.
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 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.
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.
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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.
Explore the progression of average salaries for graduates in European Business (Business Administration - Finance) 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 Business (Business Administration - Finance) relative to other fields. This data is essential for students assessing the return on investment of their education in European Business (Business Administration - Finance), providing a clear picture of financial prospects post-graduation.
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.
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.
As of June 2024, ******* recorded the highest average net salary among CEE countries, followed by Slovenia, Czechia, and Poland. ********** earned the least, *** euros net.
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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.
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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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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Wages in European Union increased 4.10 percent in December of 2024 over the same month in the previous year. This dataset provides - European Union Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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.