According to an OECD report, a single worker without children earning
According to an OECD report, a single worker without children earning an average salary in Greece faces a tax burden equivalent to 39.3% of the total cost incurred by their employer.
The report, which attempts to shed light on the so-called “tax wedge” (the total amount of taxes and social security contributions borne by both employees and employers), reveals that for every 100 euros an employer spends on such an employee, only 60.7 euros end up in the worker’s pocket, with the rest going to income taxes, social contributions, and other deductions.
The OECD average tax wedge stands at 34.9%, highlighting the relatively heavier tax burden on Greek workers compared to their counterparts in other member countries.
Portugal recorded the highest tax wedge (39.4%), followed by Slovenia at 44.6%, and Belgium tops the list at 52.6%, the highest within the OECD.
At the lowest side of the end are Switzerland (22.9%), New Zealand (20.8%), and Chile (7.2%) maintain much lower tax burdens. Greece’s overall tax wedge for a single worker without children increased by 0.54 percentage points in 2024, reaching 39.3%. This rise is not attributed to a change in tax rates but rather to an increase in nominal incomes.
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