Eurostat Report: Salaries in Greece Among the Lowest as EU Average Sees Growth in 2023

salary

In 2023, the European Union experienced a notable 6.5% increase in the average annual full-time adjusted salary, which rose to €37,900 from €35,600 in 2022.

This growth reflects economic resilience across the bloc, though stark differences persist between member states.

Greece was among the countries with the lowest reported salaries, with an average annual full-time adjusted figure of €17,000. This places Greece only marginally ahead of Hungary (€16,900) and Bulgaria (€13,500), which reported the lowest salaries in the EU.

eu1 scaledOn the other end of the spectrum, Luxembourg recorded the highest average annual salary at €81,100, followed by Denmark (€67,600) and Ireland (€58,700).

The wide disparity underscores ongoing economic inequalities within the EU, despite the overall upward trend in wages.

Read more: Eurostat reports

(Source: Eurostat)