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.

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 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 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.

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.

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.

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.

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 European Languages And Cultures 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 Languages And Cultures relative to other fields. This data is essential for students assessing the return on investment of their education in European Languages And Cultures, providing a clear picture of financial prospects post-graduation.

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.

Nominal wage growth in both the European Union and the Euro currency area (comprising 20 of the 27 EU members) reached a record high in the second quarter of 22, when wages increased by 5.7 and 5.6 percent respectively. This trend continued during 2023, with a wage increase of 5.7 and 5.2 percent during the third quarter of 23. Nominal wage growth is the increase in wages compared to the same period the previous year in nominal values - i.e. in monetary values unadjusted for inflation. As inflation in Europe increase faster than nominal wages during this period, this in fact meant that real wages (increases adjusted for inflation) fell.

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

European Wages and Salaries in Medium-High (3-Digit Definition) R&D Intensive Activities by Country, 2023 Discover more data with ReportLinker!

The average for 2021 based on 25 countries was 24.17 percent. The highest value was in Bulgaria: 29.9 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.

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.

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.

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.

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.

WSI: swda: EA 19: BE: WRT: Repair of Motor Vehicles data was reported at 105.900 2016=100 in Mar 2019. This records an increase from the previous number of 105.100 2016=100 for Dec 2018. WSI: swda: EA 19: BE: WRT: Repair of Motor Vehicles data is updated quarterly, averaging 90.300 2016=100 from Mar 2001 (Median) to Mar 2019, with 73 observations. The data reached an all-time high of 105.900 2016=100 in Mar 2019 and a record low of 71.200 2016=100 in Mar 2001. WSI: swda: EA 19: BE: WRT: Repair of Motor Vehicles data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.G017: Eurostat: Wages and Salaries Index: 2016=100: Seasonally and Working Days Adjusted.