Categories: EuropeLuxembourg

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)
Country 2022 2023
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
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