Medium salaries in Europe: These are countries with the highest salaries in Europe
propagandaThe average wages vary greatly in Europe. The cost of life also. What are the best paid countries? And how the salaries are compared When the purchasing energy standards are suitable? There are many definitions of salary, salary and gain, each of which reflects different aspects. The average salary is full for each employee, especially useful.
Eurostat account depends on The average annual total salary for work full -time. “Eurono” turned these numbers to every monthly wages by dividing them by 12. In 2023, the average monthly salary for each full -time employee ranged between 1125 euros in Bulgaria and 6,755 euros from Luxembourg. The average European Union was 3,155 euros.
Denmark is the only country of the European Union, regardless of Luxembourg, with A salary exceeding 5,000 euros. Serve 5,634 euros. Ireland (4,890 euros) and Belgium (4,832 euros) are very close to this threshold. Austria (4,542 euros), Germany (4,250 euros) and Finland (4,033 euros) also offer salaries exceeding 4000 euros.
10 of the European Union countries They pay less than 2000 euros
Among the 26 countries in the European Union analyzed (the righteous of the Netherlands due to the lack of Eurostat data), 10 announced half a total salary less than 2000 euros. In four member states, the average salary was less than 1500 euros. Poland stood above this level, with 1505 euros. In Romania, Greece and Hungary, salaries were about 1400 euros.
Germany (4,250 euros) offers The highest average salary in the largest four economies From the European Union, followed by France (3555 euros). Both Italy (2729 euros) and Spain (2716 euros) They were less than the average European Union in more than 400 euros. Although countries that have been analyzed are not directly comparable due to methodological differences, the average annual salaries of each employee are full -time equivalent in the Organization for Economic Cooperation and Development include more European countries.
According to the Organization for Economic Cooperation and Development, The average salary in Switzerland was 8,104 eurosWhich makes it the best paid country in Europe. Another country of the European Free Trade Association (ALC), Norway, presented a average salary of 5,027 euros. The UK had an average salary of 4220 euros. With 4629 euros, the Netherlands character Among the best paid countries in the European Union.
Türkiye, the state candidate for the European Union, Less average salary record, 873 eurosWhich makes it the only country that is less than 1000 euros. The general trend shows that the West and Northern Europe countries are heading to salaries, while southern and eastern Europe tends to provide much lower wages.
The highest wages in Europe to purchase energy
The difference in middle wages is reduced when measured in purchasing energy standards (EPA), since the effect Differences in the price level. The Environmental Protection Agency is an artificial cash unit, where the unit can theory, buy the same amount of goods and services in each country.
but, There are still great differences in the European Union. In nominate, the highest average salary is six times higher than the lower. When modified by EPA, this difference is reduced to 2.6.
In the European Union, the average salary in EPA ranges between 1710 euros in Greece and 4,479 euros from Luxembourg, while the average European Union is 3,155 euros. Belgium (4,038 euros EPA), Denmark (3,904 euros EPA), Germany (3,898 euros EPA) and Austria (3,851 euros EPA) also shows between The first five countries.
At the bottom, it follows Slovakia, Bulgaria and Hungary, Greece, Each with average salaries is less than 2100 euros EPA. Romania is much higher in the Environmental Protection Agency. between OECD dataSwitzerland stands out with a high salary of purchasing power, reaching 412 euros. It is followed by the Netherlands and Norway, both with about 3,800 euros, the Environmental Protection Agency. The average UK salary was 3357 euros, the Environmental Protection Agency. Like Romania, Türkiye (2,413 euros EPA) occupies a much better position in this indicator.
The importance of increasing productivity and negotiation strength
To explain salaries between countries More productivity is the base of materials From sustainable salaries/salaries. Refer Economics with the greatest industrial activity Or financial tend to be more productive. High -tech industries are usually larger.
He also highlighted the role of labor market institutions. In more general terms, A greater negotiation force for workers – It is already suitable for collective institutions or policies that provide “external options” in the labor market- which makes productivity more vulnerable to translation into higher wages and employment costs.
What countries recorded the largest wage increase?
In the past five years (2018-2023), the average salary has increased full-time nomineive in the euro in 26 European Union countries that have been analyzed. Throughout the European Union, The average monthly salary increased by 507 eurosWhich adds an annual increase of 6,708 euros, which represents a 19 % increase. In terms of percentage, the increase ranged between only 4 % in Sweden and 102 % noticeable in Lithuania.
Climbing was noticeable Less in the four largest economies of the European Union: Spain recorded a 19 % increaseGermany from 18 %, France from 14 % and Italy only 10 %. North European countries also remained less than the average European Union, along with Cyprus and Greece.
propagandaIn the euro, the increase in average salaries It ranged between 91 euros per month from Greece And 1,291 euros from Luxembourg. Lithuania also recorded a wonderful increase of 1141 euros per month. Eurostat will publish salaries for 2024 at the end of 2025.
