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.

Nominal wage growth in both the European Union and the Euro currency area (comprising ** of the ** EU members) reached a record high in the second quarter of **, when wages increased by *** and *** percent respectively. This trend continued during 2023, with a wage increase of *** and *** percent during the third quarter of **. 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.

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.

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.

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.

Wages In the Euro Area increased to 2589 EUR/Month in the fourth quarter of 2024 from 2571 EUR/Month in the third 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.

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.

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.

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.

Historical price and volatility data for Salary in Euro across different time periods.

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.

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.

Euro Area - Labour costs: Wages and salaries (total) was EUR27.80 in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Euro Area - Labour costs: Wages and salaries (total) - last updated from the EUROSTAT on June of 2025. Historically, Euro Area - Labour costs: Wages and salaries (total) reached a record high of EUR27.80 in December of 2024 and a record low of EUR18.60 in December of 2008.

Historical price and volatility data for Salary in Euro across different time periods.

European Wages and Salaries of Newspapers Publishing by Country, 2023 Discover more data with ReportLinker!

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.

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.

Historical price and volatility data for Euro in Salary across different time periods.

Euro Area - GDP and main components: Wages and salaries was EUR1484797.40 Million in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Euro Area - GDP and main components: Wages and salaries - last updated from the EUROSTAT on June of 2025. Historically, Euro Area - GDP and main components: Wages and salaries reached a record high of EUR1484797.40 Million in March of 2025 and a record low of EUR537311.70 Million in March of 1995.

Historical price and volatility data for Salary in Euro across different time periods.