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Euro Area Wages: Minimum and Average

Euro Area Wages Data

Indicator Data Period
Wages 1876 EUR/Month | 2281.905 USD/Month 3Q/20
Wage Growth  3.5 % 4Q/20


Latest data on Wages (EUR/Month)

Wages
                     Euro Area - Historical Data (EUR/Month)

What is average wage in Euro Area?

  • Average Wages in Euro Area increased to 1876 EUR/Month (2281.905 USD/Month) in the third quarter of 2020. The maximum rate of average wage for employees was 1884 EUR/Month and minimum was 1176 EUR/Month.
  • Data published Quarterly by Eurostat.

Historical Data (EUR/Month) by years

Data
Period
Date
1876 3Q/20 17.02.2021
1734 2Q/20 28.12.2020
1869 1Q/20 25.08.2020
1893 4Q/19 29.06.2020
1887 3Q/19 25.02.2020
1868 2Q/19 04.11.2019
1681 1Q/14 11.08.2017


Historical Chart by presidents (EUR/Month)

Wages in Euro Area by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mario Draghi 01.11.2011 - 1681.0000 1681.0000 1681.0000 1681.0000 0.00%


Latest data on Wage Growth  (%)

Wage Growth 
                     Euro Area - Historical Data (%)

What is the growth rate of wages in Euro Area?

  • Wage Growth in Euro Area increased by 3.5 % in the forth quarter of 2020 over the same quarter in the previous year. The maximum growth was 4.9 % and minimum was 0.8 %
  • Data published Quarterly by Eurostat.

Historical Data (%) by years

Data
Period
Date
3.5 4Q/20 18.03.2021
2.2 3Q/20 16.12.2020
5.2 2Q/20 15.09.2020
3.4 1Q/20 16.06.2020
2.3 4Q/19 17.03.2020
2.6 3Q/19 16.12.2019
2.7 2Q/19 29.10.2019
2.5 1Q/19 04.07.2019


Historical Chart by YoY presidents (%)

Wage Growth  in Euro Area by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Euro Area

Index Updated Actual Previous
Retirement Age Men 2020 64.61 64.52
Unemployment Rate Mar/21 8.1 % 8.2
Labor Force Participation Rate 3Q/20 56.8 % 55.5

Wages in other countries

Country Updated Actual Previous
Austria 2019 3462.998 USD/Month 3366.905
Ireland 4Q/20 4111.322 USD/Month 3882.645
Luxembourg 2019 6674.208 USD/Month 6603.659
Spain 4Q/20 2506.933 USD/Month 2261.227
Iceland 2019 5609.354 USD/Month 5439.863
Norway 4Q/20 5841.274 USD/Month 5718.287
Belarus Mar/21 546.265 USD/Month 503.668
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Dec/20 912.969 USD/Month 871.923
Croatia Feb/21 1135.934 USD/Month 1126.412
Cyprus 4Q/20 2757.505 USD/Month 2328.127
Czech Republic 4Q/20 1828.35 USD/Month 1680.136
Denmark 2019 6967.287 USD/Month 6827.261
Estonia 4Q/20 1842.797 USD/Month 1752.785
Euro Area 3Q/20 2281.905 USD/Month 2117.696
Finland 4Q/20 4403.25 USD/Month 4385.005
France 2017 3751.277 USD/Month 3677.079
Germany 4Q/20 4905.61 USD/Month 4838.71
Hungary Feb/21 1363.819 USD/Month 1394.69
Italy 2019 3043.351 USD/Month 3004.428
Latvia Dec/20 1112.976 USD/Month 1039.994
Lithuania 4Q/20 1853.744 USD/Month 1769.815
Macedonia Feb/21 815.974 USD/Month 825.756
Malta 4Q/20 157.621 USD/Month 155.695
Moldova 4Q/20 500.653 USD/Month 456.238
Montenegro Mar/21 954.848 USD/Month 960.93
Poland 4Q/20 1457.953 USD/Month 1381.007
Portugal 2019 1445.045 USD/Month 1424.366
Romania Feb/21 1356.751 USD/Month 1369.586
Russia Feb/21 689.268 USD/Month 666.22
Serbia Feb/21 638.321 USD/Month 646.818
Slovakia Feb/21 1381.793 USD/Month 1431.664
Slovenia Feb/21 2367.051 USD/Month 2404.758
Sweden Feb/21 3544.375 USD/Month 3544.375
Switzerland 2019 7001.099 USD/Month 6938.907
Ukraine Mar/21 490.258 USD/Month 451.972
United Kingdom Aug/19 2798.54 USD/Month
Albania 4Q/20 536.15 USD/Month 515.31
Bosnia and Herzegovina Feb/21 918.449 USD/Month 927.079
Kosovo Dec/18 558.79 USD/Month 559.9