SALARY IN ROMANIA

Romania is located in the south-eastern part of Europe. It borders with Ukraine, Moldova, Hungary, Serbia and Bulgaria. It is washed by the waters of the Black Sea in the southeast. Romania has been a member of the European Union since 2007. The population of Romania in 2024 is about 19.8 million people. Unemployment is around 5-6%. The state has low taxes, but also the level of income is significantly lower than in more developed European countries. Let's find out what salaries in Romania in 2024.

Salary in Romania

Minimum salary in Romania

According to the local government (Decree No. 935/2019), the official minimum wage in Romania in 2024 (from January 1) is 3,300 leu per month, which is equivalent to 720 American dollars. Compared to the previous year, the country's minimum wage was increased by 300 leu per month (10,1%). Since the inflation rate at the end of 2023 was 9.7%, the purchasing power of Romanian workers slightly increased.

Over the past 5 years, the minimum wage in Romania has increased by 1,400 leu – from 1,900 leu in 2018 to 3,300 in 2024. Almost 2.1 million local workers, or about 23% of the country's active labor force, earn the minimum wage. After paying taxes, Romanian professionals have about 2,129 leu ($465) at their disposal. In the construction sector, the minimum gross wage in Romania is 4,000 leu (about $875).

Average salary in Romania

According to official information from the National Institute of Statistics, the average wage in Romania in 2024 is 7,976 leu per month, equivalent to $1,740. After paying taxes, a Romanian worker has 4,666 leu (about $1,020) at his or her disposal. The highest salaries in Romania are registered in the information and communication sector (13,952 leu), and the lowest in the accommodation and food sector (3,916 leu).

AVERAGE SALARY IN ROMANIA BY SECTOR OF ECONOMY

Sector of economy Leu per month Dollars per month
Information and communication 13,952 3,045
Financial and insurance activities 11,046 2,410
Electricity, gas, steam and air conditioning supply 10,187 2,225
Public administration and defense 9,379 2,045
Professional, scientific and technical activities 8,929 1,950
Health care and social work 7,375 1,610
Education 6,878 1,500
Transportation and storage 6,707 1,465
Wholesale and retail trade 6,086 1,330
Manufacture 6,086 1,330
Real estate operations 6,082 1,325
Arts, entertainment and recreation 6,009 1,310
Administrative and support service activities 5,730 1,250
Water distribution, waste management 5,630 1,230
Construction 5,437 1 185
Agriculture, forestry and fishery 5,204 1,135
Accommodation and food service activities 3,916 855
Other service activities 4,573 1 000

Note. The information regarding average wages in Romania by sector is based on the most recent official data of the Romanian National Institute of Statistics.

In conclusion, we note that the income tax rate in Romania is 10%. Along with Bulgaria, this is the lowest rate among all European Union countries.

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