MINIMUM AND AVERAGE WAGES IN EUROPE

According to official UN data, there are 44 countries on the European continent in 2023, including such dwarf states as Monaco, San Marino and Vatican City. At the same time, the European Union now includes 27 countries. At midnight on January 31 to February 1, 2020 Central European Time, Britain formally withdrew from the union.

European countries are very different in terms of population, area, cultural traditions, level of socio-economic development and many other indicators, including minimum and average wages. Even within the European Union, the incomes of local workers can be at incomparable levels. For example, if we compare Bulgaria and Scandinavian countries.

Wages in Europe

Given the official and current data of European governments and state statistical agencies, let us highlight the minimum and average wages in all European countries in 2023.

WAGES IN EUROPE IN 2023

COUNTRY Average salary Minimum salary Source
1. Albania 66,014 lek per month (595 euros) 34,000 lek per month (305 euros) Institute of Statistics of Albania – instat.gov.al
2. Andorra 2,040 euros per month 1,286.13 euros per month Government of Andorra – treball.ad
3. Austria 3,406 euros per month No Austrian government
4. Belarus 1,687.8 rubles per month (620 euros) 554 rubles per month (205 euros) Ministry of Labor and Social Protection of Belarus –mintrud.gov.by
5. Belgium 3 401 euros per month 1,954.99 euros per month Government of Belgium
6. Bosnia and Herzegovina 1,861 marks per month (955 euros) 700 marks per month (360 euros) Government of Bosnia and Herzegovina
7. Bulgaria 1,879 lev per month (960 euros) 780 lev per month (400 euros) National Statistical Institute of Bulgaria – nsi.bg
8. Croatia 700 euros 1 499 euros Croatian Bureau of Statistics – dzs.hr
9. Czech Republic 43,412 koruna per month (1,805 euros) 17,300 koruna per month (720 euros) Czech Statistical Office – czso.cz
10. Denmark 38,854 krone per month (5,215 euros) No Government of Denmark
11. Estonia 1,775 euros per month 725 euros per month Estonian Statistical Office – stat.ee
12. Finland 3,548 euros per month No Government of Finland
13. France 3,085 euros per month 1,709.28 euros per month Government of France
14. Germany 4,105 euros per month 12 euros per hour Government of Germany
15. Greece 1,060.45 euros per month 831.83 euros per month Government of Greece
16. Hungary 531,200 forints per month (1,430 euros) 232,000 forints per month (580 euros) Hungarian Central Statistical Office – ksh.hu
17. Iceland 770,000 krone per month (5,135 euros) 368,000 krone per month (2,455 euros) Trade unions and the Statistical Office of Iceland – statice.is
18. Ireland 900.26 euros per week 11.30 euros per hour Central Statistical Office of Ireland – cso.ie
19. Italy 2,415 euros per month No Government of Italy
20. Latvia 1,443 euros per month 620 euros per month Latvian Central Statistics Bureau – csb.gov.lv
21. Liechtenstein 5,150 francs per month (5,295 euros) No Government of Liechtenstein
22. Lithuania 1,887.8 euros per month 840 euros per month Lithuanian Department of Statistics – osp.stat.gov.lt
23. Luxembourg 5,000 euros per month 2,447.07 euros per month Luxembourg National Institute of Statistics and Economic Research – statistiques.public.lu
24. Malta 1,785 euros per month 192.73 euros per week Malta Department of Industrial and Labour Relations – dier.gov.mt
25. Moldova 11,539.1 leu per month (580 euros) 4,000 leu per month (200 euros) National Bureau of Statistics of the Republic of Moldova – statistica.gov.md
26. Monaco 4,000-5,000 euros per month 1,904.63 euros per month Government of Monaco – en.service-public-particuliers.gouv.mc
27. Montenegro 940 euros per month 532.5 euros per month Montenegro Statistical Office – poreskauprava.gov.me/monstat.org
28. Netherlands 2,855 euros per month 1,934.40 euros per month Dutch government – government.nl
29. Norway 53,150 krone per month (4,705 euros) No Statistics Norway – ssb.no
30. Northern Macedonia 50,837 denars per month (825 euros) 20,175 denars per month (325 euros) State Statistical Office of Northern Macedonia – stat.gov.mk
31. Poland 6,885 złoty per month (1,470 euros) 3,490 złoty per month (745 euros) Polish Central Statistical Office – stat.gov.pl
32. Portugal 1,294.1 euros per month 886.7 euros per month Government of Portugal
33. Romania 6,831 leu per month (1,385 euros) 3,000 leu per month (610 euros) Romanian National Institute of Statistics – insse.ro
34. Russia 63,260 rubles per month (745 euros) 16,242 rubles per month (190 euros) Federal State Statistics Service of Russia – gks.ru
35. San Marino 2,500 euros per month 1,582.57 euros per month San Marino Confederation of Labor – csdl.sm
36. Serbia 114,228 dinars per month (975 euros) 230 dinars per hour (2 euros) Office of Statistics of the Republic of Serbia – stat.gov.rs
37. Slovakia 1,393 euros per month 700 euros per month Statistical Office of Slovakia – slovak.statistics.sk
38. Slovenia 2,145 euros per month 1,203.36 euros per month Statistical Office of the Republic of Slovenia – stat.si
39. Spain 2,075.43 euros per month 1,260 euros per month Government of Spain
40. Sweden 43,200 koruna per month (3,870 euros) No Statistics Sweden – scb.se
41. Switzerland 6,502 francs per month (6,685 euros) No Government of Switzerland
42. United Kingdom 2,548 pound sterling per month (2,930 euros) 10.42 pound sterling per month (12 euros) UK National Statistics Institute – ons.gov.uk
43. Ukraine 14,577 hryvnia per month (370 euros) 6,700 hryvnia per month (170 euros) State Statistics Service of Ukraine – ukrstat.gov.ua
44. Vatican City

In conclusion, we note that 10 countries in Europe do not set minimum wages at state level – Austria, Cyprus, Denmark, Finland, Iceland, Italy, Liechtenstein, Norway, Sweden, Switzerland and the Republic of Cyprus. Usually minimum wages are fixed in labor collective agreements between employers and trade unions and depend on the specific economic sector.

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