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Key Facts: Wages in Europe

Continent
Europe
Countries and Territories Covered
52 (46 sovereign countries, 6 dependent territories)
Highest Minimum Wage
Luxembourg: $17.79/hr (USD equivalent)
Lowest Minimum Wage
Ukraine: $1.15/hr (USD equivalent)
Continental Average Minimum Wage
$8.37/hr (USD equivalent, 40 countries with hourly rates)
Countries Without Statutory Minimum Wage
11 ( Åland Islands, Austria, Denmark, Faroe Islands, Finland, Iceland, Italy, Liechtenstein, Norway, Sweden, Switzerland)

Europe

46 countries and 6 territories 2026

Highest Min Wage

Luxembourg flag Luxembourg

$17.79/hr

Lowest Min Wage

Ukraine flag Ukraine

$1.15/hr

Continental Average

40 countries with hourly rates

$8.37/hr

46 sovereign, 6 territories Avg. salary: $3,218.62/mo Wage spread: 15:1 ratio 11 without statutory minimum

Europe has wage data for 46 sovereign countries and 6 dependent territories as of 2026. Minimum wages range from $1.15/hr in Ukraine to $17.79/hr in Luxembourg (USD equivalent). The continental average minimum wage is $8.37/hr. 11 countries have no statutory minimum wage.

Europe spans 52 countries with a combined population of 829.2 million, across Eastern Europe, Northern Europe, South-Eastern Europe, and 3 more sub-regions. The continent is predominantly high-income, with Germany as its largest economy at $4.7 trillion GDP. Minimum wages vary dramatically — from $1/hr in Ukraine to $18/hr in Luxembourg, a 15:1 ratio. 11 countries rely on collective bargaining or sector-level agreements instead of a statutory minimum. The continent uses 22 different currencies, reflecting its economic diversity.

Economic Profile

High Income
39
Upper Middle
12
Lower Middle
1

By Region

Eastern Europe 8/8 with min wage
Northern Europe 8/15 with min wage
South-Eastern Europe 3/3 with min wage
Southern Europe 15/16 with min wage
Western Europe 6/9 with min wage
Avg. Min Wage
$8.37/hr
Median Min Wage
$6.49/hr
Avg. Salary
$3,218.62/mo
Wage Spread
15:1 ratio

Minimum Wage Rankings (USD equivalent)

Minimum wage rankings for countries in Europe
# Country Local Rate
1 Luxembourg flag Luxembourg €15.63 /hr
2 Jersey flag Jersey territory £13 /hr
3 United Kingdom flag United Kingdom £12.71 /hr
4 Netherlands flag Netherlands €14.71 /hr
5 Guernsey flag Guernsey territory £12.60 /hr
6 Isle of Man flag Isle of Man territory £12.25 /hr
7 Ireland flag Ireland €14.15 /hr
8 Germany flag Germany €13.90 /hr
9 Belgium flag Belgium €13.30 /hr
10 France flag France €12.02 /hr

Average Salary Rankings (USD equivalent)

Average gross monthly salary rankings for countries in Europe
# Country Local Rate
1 Switzerland flag Switzerland CHF7,800 /mo
2 Liechtenstein flag Liechtenstein CHF6,000 /mo
3 Denmark flag Denmark kr45,000 /mo
4 Luxembourg flag Luxembourg €5,600 /mo
5 Iceland flag Iceland kr800,000 /mo
6 Jersey flag Jersey territory £4,506.67 /mo
7 Monaco flag Monaco €4,931 /mo
8 Norway flag Norway kr55,150 /mo
9 Germany flag Germany €4,784 /mo
10 Isle of Man flag Isle of Man territory £4,025.67 /mo

Countries Without Statutory Minimum Wage

All Countries and Territories in Europe

Åland Islands flag Åland Islands

No statutory minimum wage

Albania flag Albania

Min. wage: L287 /hr

Avg. salary: L83,000 /mo

Andorra flag Andorra

Min. wage: €8.35 /hr

Avg. salary: €2,350 /mo

Austria flag Austria

No statutory minimum wage

Avg. salary: €3,800 /mo

Belarus flag Belarus

Min. wage: Br4.54 /hr

Avg. salary: Br2,270 /mo

Belgium flag Belgium

Min. wage: €13.30 /hr

Avg. salary: €3,886 /mo

Bosnia and Herzegovina flag Bosnia and Herzegovina

Min. wage: KM5.75 /hr

Avg. salary: KM1,870 /mo

Bulgaria flag Bulgaria

Min. wage: лв7.30 /hr

Avg. salary: лв2,200 /mo

Croatia flag Croatia

Min. wage: €6.06 /hr

Avg. salary: €1,650 /mo

Cyprus flag Cyprus

Min. wage: €6.28 /hr

Avg. salary: €2,200 /mo

Czech Republic flag Czech Republic

Min. wage: Kč134.40 /hr

Avg. salary: Kč44,500 /mo

Denmark flag Denmark

No statutory minimum wage

Avg. salary: kr45,000 /mo

Estonia flag Estonia

Min. wage: €5.67 /hr

Avg. salary: €1,950 /mo

Faroe Islands flag Faroe Islands

No statutory minimum wage

Avg. salary: kr34,278 /mo

Finland flag Finland

No statutory minimum wage

Avg. salary: €3,900 /mo

France flag France

Min. wage: €12.02 /hr

Avg. salary: €3,500 /mo

Germany flag Germany

Min. wage: €13.90 /hr

Avg. salary: €4,784 /mo

Gibraltar flag Gibraltar

Min. wage: £9.50 /hr

Greece flag Greece

Min. wage: €5.31 /hr

Avg. salary: €1,400 /mo

Guernsey flag Guernsey

Min. wage: £12.60 /hr

Avg. salary: £3,556 /mo

Hungary flag Hungary

Min. wage: Ft1,862 /hr

Avg. salary: Ft705,000 /mo

Iceland flag Iceland

No statutory minimum wage

Avg. salary: kr800,000 /mo

Ireland flag Ireland

Min. wage: €14.15 /hr

Avg. salary: €4,350 /mo

Isle of Man flag Isle of Man

Min. wage: £12.25 /hr

Avg. salary: £4,025.67 /mo

Italy flag Italy

No statutory minimum wage

Avg. salary: €2,600 /mo

Jersey flag Jersey

Min. wage: £13 /hr

Avg. salary: £4,506.67 /mo

Kosovo flag Kosovo

Min. wage: €1.57 /hr

Avg. salary: €650 /mo

Latvia flag Latvia

Min. wage: €4.50 /hr

Avg. salary: €1,600 /mo

Liechtenstein flag Liechtenstein

No statutory minimum wage

Avg. salary: CHF6,000 /mo

Lithuania flag Lithuania

Min. wage: €7.05 /hr

Avg. salary: €2,100 /mo

Luxembourg flag Luxembourg

Min. wage: €15.63 /hr

Avg. salary: €5,600 /mo

Malta flag Malta

Min. wage: €5.74 /hr

Avg. salary: €2,100 /mo

Moldova flag Moldova

Min. wage: L32.54 /hr

Avg. salary: L15,500 /mo

Monaco flag Monaco

Min. wage: €11.88 /hr

Avg. salary: €4,931 /mo

Montenegro flag Montenegro

Min. wage: €3.87 /hr

Avg. salary: €1,200 /mo

Netherlands flag Netherlands

Min. wage: €14.71 /hr

Avg. salary: €3,900 /mo

North Macedonia flag North Macedonia

Min. wage: ден207 /hr

Avg. salary: ден55,000 /mo

Norway flag Norway

No statutory minimum wage

Avg. salary: kr55,150 /mo

Poland flag Poland

Min. wage: zł31.40 /hr

Avg. salary: zł8,800 /mo

Portugal flag Portugal

Min. wage: €5.31 /hr

Avg. salary: €1,550 /mo

Romania flag Romania

Min. wage: lei24.36 /hr

Avg. salary: lei7,200 /mo

Russia flag Russia

Min. wage: ₽156.31 /hr

Avg. salary: ₽100,316 /mo

San Marino flag San Marino

Min. wage: €1,600 /mo

Avg. salary: €2,200 /mo

Serbia flag Serbia

Min. wage: RSD271 /hr

Avg. salary: RSD110,000 /mo

Slovakia flag Slovakia

Min. wage: €5.26 /hr

Avg. salary: €1,580 /mo

Slovenia flag Slovenia

Min. wage: €8.55 /hr

Avg. salary: €2,300 /mo

Spain flag Spain

Min. wage: €7.96 /hr

Avg. salary: €2,450 /mo

Sweden flag Sweden

No statutory minimum wage

Avg. salary: kr40,000 /mo

Switzerland flag Switzerland

No statutory minimum wage

Avg. salary: CHF7,800 /mo

Turkey flag Turkey

Min. wage: ₺164.94 /hr

Avg. salary: ₺25,482 /mo

Ukraine flag Ukraine

Min. wage: ₴48 /hr

Avg. salary: ₴20,000 /mo

United Kingdom flag United Kingdom

Min. wage: £12.71 /hr

Avg. salary: £3,253 /mo