Greece has recorded the European Union’s second-lowest median annual wage for
Greece has recorded the European Union’s second-lowest median annual wage for full-time employees, according to new data published by Eurostat for 2024.
The median gross annual wage in Greece stood at €17,954, only slightly above Bulgaria’s €15,400, placing the country near the bottom of the EU’s pay scale. Hungary followed closely with €18,500.
While wages in Greece rose by €884—a 5% increase from €17,070 in 2023—the growth was not enough to narrow the gap with the rest of Europe. Across the EU, the median annual wage reached €39,800, marking a 5.2% year-on-year rise.
The difference remains stark. The average Greek worker earns 4.5 times less than a full-time employee in Luxembourg (€83,000), 3.4 times less than in Ireland (€61,100), and more than twice less than the EU average. Even several newer EU members—Romania (€21,108), Slovakia (€20,287), and Poland (€21,246)—now report significantly higher wages.
At the top of the European ranking, Luxembourg, Denmark (€71,600), and Ireland continue to lead, reflecting the persistent wage divide across the bloc.
When it comes to minimum wages,
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