Luxembourg boasts the highest annual full-time average salary in the European Union, with an average of €81,064 as of 2023, new data from Eurostat has found.
This is up from a €75,409 average salary last year, the data showed.
Other EU countries to boast a high full-time average salary include Denmark (€67,604), Ireland (€58,679), Belgium (€57,989), Austria (€54,508), and Germany (€50,998).
At the other end of the scale, Bulgaria boasts a full-time average salary of just €13,503, with Hungary (€16,895), Greece (€17,013), Romania (€17,739) and Poland (€18,054) also boasting low salaries.
The countries with the largest year-on-year increase in average annual salary from 2022 to 2023 were Romania, which saw a 17.76% increase, Hungary, where salaries were up 17.46%, Poland, which was up 16.57%, Latvia, where salaries rose by 16.19%, and Croatia, where salaries rose 16.05%.
In 2023, the average annual full-time adjusted salary for employees in the EU stood at €37,863, reflecting a 6.5% increase from €35,638 in 2022, Eurostat’s data showed. Read more here.
Annual average salary by EU country, 2022 (€)
| Country | 2022 | 2023 |
|---|---|---|
| Luxembourg | 75,409 | 81,064 |
| Denmark | 65,168 | 67,604 |
| Ireland | 54,312 | 58,679 |
| Belgium | 53,418 | 57,989 |
| Austria | 50,741 | 54,508 |
| Germany | 47,731 | 50,998 |
| Finland | 46,621 | 48,391 |
| Sweden | 46,436 | 44,619 |
| France | 40,823 | 42,662 |
| European Union | 35,638 | 37,863 |
| Slovenia | 30,245 | 33,081 |
| Italy | 31,847 | 32,749 |
| Spain | 30,867 | 32,587 |
| Malta | 29,408 | 29,989 |
| Lithuania | 24,294 | 27,178 |
| Cyprus | 25,338 | 26,430 |
| Estonia | 22,944 | 24,899 |
| Czechia | 21,370 | 23,454 |
| Portugal | 21,131 | 22,933 |
| Latvia | 19,187 | 22,293 |
| Croatia | 18,546 | 21,523 |
| Slovakia | 17,286 | 19,001 |
| Poland | 15,488 | 18,054 |
| Romania | 15,064 | 17,739 |
| Greece | 16,407 | 17,013 |
| Hungary | 14,384 | 16,895 |
| Bulgaria | 11,880 | 13,503 |

