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This is the map and list of European countries by monthly average wage (annual divided by 12 months), gross and net income (after taxes) for full-time employees in their local currency and in euros. The chart below reflects the average (mean) wage as reported by various data providers, like Eurostat. [1]
The average wage is a measure of total income after taxes divided by total number of employees employed. In this article, ... Sweden * 41,636 50,128 56,645
Bulgaria has the smallest average wage and monthly minimum wage in the European Union. Estonia has the smallest public debt (as a percentage of GDP) of any state in Europe, as well as in the European Union and eurozone. France has the largest financial deficit of any state in the eurozone. Georgia has the lowest monthly minimum wage in Europe.
In the latest data, real regular wages, not including bonuses, rose by 1.4% on average between September and November when taking into account the effect of Consumer Prices Index inflation.
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
In Germany, for example, the average weekly working time of a person not employed in agriculture and working full-time fell by almost 40 percent between 1870 and 2010. In developed countries, the average working time is therefore usually significantly shorter than in developing countries. However, there are exceptions.
While workers have seen a bump in their hourly wage, inflation may actually be giving workers a pay cut. Average hourly wages jumped 3.6% to $30.40 in June compared with the same month in 2020 due ...
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