The average wages in Europe vary greatly. Even the cost of living. What are the best paying countries? And how the salary is compared When they match the power quality they buy?? There are many definitions for salary, salary and gain, each reflects different features. The average full -time salary for the employee is particularly useful.
Eurostat is based on calculation The average annual gross salary of full -time job. ‘Euronevs’ has turned these figures into monthly wages by dividing these figures by 12. By 2023, the average monthly salary for a full -time employee will be 1,125 euros and 6,755 euro Luxembourg. The EU average is 3,155 euros.
Besides Luxemburg, only EU country is Denmark Salary exceeding 5,000 euros. Provides 5,634 euros. Ireland (4,890 euros) and Belgium (4,832 euros) are very close to this door. Austria (4,542 euros), Germany (4,250 euros) and Finland (4,033 Euro) also offer salary over 4,000 euros.
In EU countries 10 They pay less than 2,000 euros
Analyzed 26 EU countries (excluded the Netherlands due to lack of eurostat data), 10 half of the total salary of less than 2,000 to euros. Of the four organ states, the average salary was less than 1,500. Poland with 1,505 euros stood up a little above this position. In Romania, Greece and Hungary, the salary is about 1,400 euros.
Germany (4,250 euros) offers The higher the average salary of four major economies The EU is followed by France (3,555 euros). Italy (2,729 euros) and Spain (2,716 euros) They were less than 400 euros than the EU average. Although analyzed countries are not directly comparable due to proper differences, the annual average salary for the full -time employee of the OECD includes more European countries.
According to OECD, The average salary in Switzerland is 8,104 eurosIt is the best -paid country in Europe. Another country of Norway’s European Free Trade Association (AELC) has given an average of 5,027 euros. In the United Kingdom, the average salary was 4,220. With 4,629 euros, the Netherlands number In the European Union of the Best Paying Countries.
Turkey, the EU candidate, The lowest average salary, 873 eurosThis is the only country below 1,000 euros. The general trend shows that the countries of West and Northern Europe are going to pay, while southern and Eastern Europe pays a significantly low nominal wage.
High pay in Europe for electricity to buy
When measuring the purchasing electrical standards (EPA), the difference in medium wages is reduced, the result Differences at the price level. The EPA is an artificial currency unit, with which, in theory, a unit can buy the same amount of goods and services in each country.
However, There are more large imbalances in the EU. In nominal basis, the highest average salary is six times higher than the lowest. When the EPA is adjusted, this difference is reduced at the rate of 2.6.
In the EU, the EPA’s average salary is up to 1,710 euros in Greece and 4,479 euro Luxembourg, while the EU average is 3,155 euros. Belgium (4,038 Euro EPA), Denmark (3,904 Euro EPA), Germany (3,898 Euro EPA) and Austria (3,851 Euro Euro EPA) The top five countries.
In the lower part, Slovakia, Bulgaria and Hungary follow Greek, The average salary is 2,100 Euro EPA. Romania is very high in EPA. Between OECD dataSwitzerland stands alone with a higher salary of 4,412 Euro EPA’s purchase power. Following this, both the Netherlands and Norway were involved in about 3,800 Euro EPA. The average salary of the United Kingdom is 3,357 Euro EPA. Like Romania, Turkee (2,413 Euro EPA) plays a significant excellent position in this indicator.
The importance of high productivity and negotiation power
To explain the salary differences between nations, Chotter High productivity is the basis of the subject Fixed higher salary/salary. Pointed it up Economies with the greatest industrial activities Or with more production capacity of finance. High -Tech industries usually have high productivity.
He also highlighted the role of labor market companies. In more common words, The power of the workers’ high negotiation – It is already relevant from solid joint bargaining companies or policies that offer “outdoor options” in the labor market- which makes it more likely to translate productivity into more wages and labor costs, “he told Eurnevs.
Which countries did the largest increase in wage registered?
In the last five years (2018-2023), the average full-time salary of Euros in 26 EU countries has increased in nominal basis. Throughout the European Union, The average salary of the month has increased by 507 eurosIt adds an increase of 6,708 euros per year, which indicates an increase of 19%. On the basis of percentage, the increase was just 4% in Sweden and significantly 102% in Lithuania.
The climb was significantly Less than four major EU economies: Spain recorded an increase of 19%Germany is 18%, France 14%and Italy is only 10%. Along with Cyprus and Greece, the EU was less than the EU average.
AdvertisementIn Euro, an increase in average salary Up to 91 euros per month of Greece And Luxembourg of 1,291 euros. Lithuania recorded an increase of 1,141 per month. Eurostat will release the salary statistics of 2024 at the end of 2025.
