One in four women and over four in ten young people
One in four women and over four in ten young people in Greece are considered low-wage earners, meaning they earn €5 an hour or less, according to the latest data from Eurostat.
Greece ranks among the EU countries with the highest proportion of low-paid workers. Specifically, 21.7% of workers earn two-thirds or less of the median gross hourly wage—placing Greece fourth after Bulgaria, Romania, and Latvia. The EU average is 14.7%, while in the Eurozone it’s slightly lower at 14.3%.
While wage inequality is a concern across Europe, Greece is moving in the opposite direction of the EU trend. Since 2006, the percentage of low-wage workers in Greece has been rising. It dropped to 12.8% in 2010, but by 2014—at the height of the financial crisis—it had climbed to 21.7%, where it remains today (up from 19.65% in 2022).
By contrast, countries like Portugal (1.77%), Sweden (4%), Iceland (4.4%), and Finland (6.5%) report the lowest levels of low-paid workers. In several other countries—including Norway, Italy, Slovenia, Switzerland, France, and Denmark—less than 10% of workers fall into the low-wage category.
Greece’s Median Wage Half the Eurozone’s
Eurostat data (last updated in 2022) shows that the median gross hourly wage in
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