What country boasts the highest annual full-time salary in the European Union?

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 (€)

Annual Average Salary by EU Country (2022-2023)
Country20222023
Luxembourg75,40981,064
Denmark65,16867,604
Ireland54,31258,679
Belgium53,41857,989
Austria50,74154,508
Germany47,73150,998
Finland46,62148,391
Sweden46,43644,619
France40,82342,662
European Union35,63837,863
Slovenia30,24533,081
Italy31,84732,749
Spain30,86732,587
Malta29,40829,989
Lithuania24,29427,178
Cyprus25,33826,430
Estonia22,94424,899
Czechia21,37023,454
Portugal21,13122,933
Latvia19,18722,293
Croatia18,54621,523
Slovakia17,28619,001
Poland15,48818,054
Romania15,06417,739
Greece16,40717,013
Hungary14,38416,895
Bulgaria11,88013,503