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Euro Area Wages: Minimum and Average

Euro Area Wages Data

Indicator Data Period
Wages 1963 EUR/Month | 2010.652 USD/Month 3Q/21
Wage Growth  2.7 % 1Q/22


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 1963 EUR/Month (2010.652 USD/Month) in the third quarter of 2021. The maximum rate of average wage for employees was 1901 EUR/Month and minimum was 1177 EUR/Month.
  • Data published Quarterly by Eurostat.

Historical Data (EUR/Month) by years

Data
Period
Date
1963 3Q/21 08.02.2022
1903 2Q/21 24.01.2022
1903 1Q/21 18.08.2021
1901 4Q/20 24.05.2021
1876 3Q/20 17.02.2021
1734 2Q/20 28.12.2020
1869 1Q/20 25.08.2020
1893 4Q/19 29.06.2020


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 2.7 % in the first quarter of 2022 over the same quarter in the previous year. The maximum growth was 5 % and minimum was 0.8 %
  • Data published Quarterly by Eurostat.

Historical Data (%) by years

Data
Period
Date
2.7 1Q/22 16.06.2022
1.5 4Q/21 18.03.2022
2.3 3Q/21 18.01.2022
-0.4 2Q/21 15.09.2021
2.2 1Q/21 16.06.2021
3.5 4Q/20 18.03.2021
2.2 3Q/20 16.12.2020
5.2 2Q/20 15.09.2020


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 May/22 6.6 % 6.7
Labor Force Participation Rate 3Q/21 74.5 % 73.6

Wages in other countries

Country Updated Actual Previous
Austria 2020 2993.957 USD/Month 2916.112
Ireland 1Q/22 3605.449 USD/Month 3543.993
Luxembourg 2020 5598.689 USD/Month 5624.296
Spain 1Q/22 2055.721 USD/Month 2218.58
Iceland 2020 5405.325 USD/Month 5139.126
Norway 1Q/22 5195.659 USD/Month 5015.434
Belarus May/22 622.231 USD/Month 620.253
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Mar/22 874.672 USD/Month 810.173
Croatia Apr/22 1027.572 USD/Month 1035.741
Cyprus 4Q/21 2397.829 USD/Month 1994.264
Czech Republic 1Q/22 1568.857 USD/Month 1660.104
Denmark 2020 6012.113 USD/Month 5876.218
Estonia 1Q/22 1631.671 USD/Month 1664.447
Euro Area 3Q/21 2010.652 USD/Month 1946.123
Finland 3Q/21 3781.625 USD/Month 3766.26
France 2019 3260.268 USD/Month 3213.152
Germany 4Q/21 4269.18 USD/Month 4230.257
Hungary Apr/22 1241.342 USD/Month 1250.459
Italy 2020 2389.634 USD/Month 2562.737
Latvia Mar/22 1035.542 USD/Month 929.018
Lithuania 1Q/22 1771.996 USD/Month 1719.758
Macedonia Apr/22 786.893 USD/Month 775.831
Malta 1Q/22 145.618 USD/Month 130.68
Moldova 1Q/22 499.277 USD/Month 510.086
Montenegro May/22 897.265 USD/Month 894.192
Poland 1Q/22 1349.304 USD/Month 1297.366
Portugal 2019 1216.839 USD/Month 1199.426
Romania Apr/22 1334.756 USD/Month 1326.055
Russia Apr/22 1094.191 USD/Month 1173.054
Serbia Apr/22 636.85 USD/Month 651.26
Slovakia Apr/22 1365.359 USD/Month 1374.577
Slovenia Apr/22 2050.599 USD/Month 2056.745
Sweden Apr/22 2817.813 USD/Month 2787.35
Switzerland 2020 6567.442 USD/Month 6515.762
Ukraine Jan/22 498.274 USD/Month 596.582
United Kingdom Aug/19 2798.54 USD/Month
Albania 1Q/22 513.357 USD/Month 516.156
Bosnia and Herzegovina Apr/22 873.137 USD/Month 881.563
Kosovo Dec/18 558.79 USD/Month 559.9