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
Continental Average
40 countries with hourly rates
$8.37/hr
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
- 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)
| # | Country | Local Rate | |
|---|---|---|---|
| 1 | | €15.63 /hr | |
| 2 | | £13 /hr | |
| 3 | | £12.71 /hr | |
| 4 | | €14.71 /hr | |
| 5 | | £12.60 /hr | |
| 6 | | £12.25 /hr | |
| 7 | | €14.15 /hr | |
| 8 | | €13.90 /hr | |
| 9 | | €13.30 /hr | |
| 10 | | €12.02 /hr | |
Average Salary Rankings (USD equivalent)
| # | Country | Local Rate | |
|---|---|---|---|
| 1 | | CHF7,800 /mo | |
| 2 | | CHF6,000 /mo | |
| 3 | | kr45,000 /mo | |
| 4 | | €5,600 /mo | |
| 5 | | kr800,000 /mo | |
| 6 | | £4,506.67 /mo | |
| 7 | | €4,931 /mo | |
| 8 | | kr55,150 /mo | |
| 9 | | €4,784 /mo | |
| 10 | | £4,025.67 /mo | |
Countries Without Statutory Minimum Wage
All Countries and Territories in Europe
Åland Islands
No statutory minimum wage
Albania
Min. wage: L287 /hr
Avg. salary: L83,000 /mo
Andorra
Min. wage: €8.35 /hr
Avg. salary: €2,350 /mo
Austria
No statutory minimum wage
Avg. salary: €3,800 /mo
Belarus
Min. wage: Br4.54 /hr
Avg. salary: Br2,270 /mo
Belgium
Min. wage: €13.30 /hr
Avg. salary: €3,886 /mo
Bosnia and Herzegovina
Min. wage: KM5.75 /hr
Avg. salary: KM1,870 /mo
Bulgaria
Min. wage: лв7.30 /hr
Avg. salary: лв2,200 /mo
Croatia
Min. wage: €6.06 /hr
Avg. salary: €1,650 /mo
Cyprus
Min. wage: €6.28 /hr
Avg. salary: €2,200 /mo
Czech Republic
Min. wage: Kč134.40 /hr
Avg. salary: Kč44,500 /mo
Denmark
No statutory minimum wage
Avg. salary: kr45,000 /mo
Estonia
Min. wage: €5.67 /hr
Avg. salary: €1,950 /mo
Faroe Islands
No statutory minimum wage
Avg. salary: kr34,278 /mo
Finland
No statutory minimum wage
Avg. salary: €3,900 /mo
France
Min. wage: €12.02 /hr
Avg. salary: €3,500 /mo
Germany
Min. wage: €13.90 /hr
Avg. salary: €4,784 /mo
Gibraltar
Min. wage: £9.50 /hr
Greece
Min. wage: €5.31 /hr
Avg. salary: €1,400 /mo
Guernsey
Min. wage: £12.60 /hr
Avg. salary: £3,556 /mo
Hungary
Min. wage: Ft1,862 /hr
Avg. salary: Ft705,000 /mo
Iceland
No statutory minimum wage
Avg. salary: kr800,000 /mo
Ireland
Min. wage: €14.15 /hr
Avg. salary: €4,350 /mo
Isle of Man
Min. wage: £12.25 /hr
Avg. salary: £4,025.67 /mo
Italy
No statutory minimum wage
Avg. salary: €2,600 /mo
Jersey
Min. wage: £13 /hr
Avg. salary: £4,506.67 /mo
Kosovo
Min. wage: €1.57 /hr
Avg. salary: €650 /mo
Latvia
Min. wage: €4.50 /hr
Avg. salary: €1,600 /mo
Liechtenstein
No statutory minimum wage
Avg. salary: CHF6,000 /mo
Lithuania
Min. wage: €7.05 /hr
Avg. salary: €2,100 /mo
Luxembourg
Min. wage: €15.63 /hr
Avg. salary: €5,600 /mo
Malta
Min. wage: €5.74 /hr
Avg. salary: €2,100 /mo
Moldova
Min. wage: L32.54 /hr
Avg. salary: L15,500 /mo
Monaco
Min. wage: €11.88 /hr
Avg. salary: €4,931 /mo
Montenegro
Min. wage: €3.87 /hr
Avg. salary: €1,200 /mo
Netherlands
Min. wage: €14.71 /hr
Avg. salary: €3,900 /mo
North Macedonia
Min. wage: ден207 /hr
Avg. salary: ден55,000 /mo
Norway
No statutory minimum wage
Avg. salary: kr55,150 /mo
Poland
Min. wage: zł31.40 /hr
Avg. salary: zł8,800 /mo
Portugal
Min. wage: €5.31 /hr
Avg. salary: €1,550 /mo
Romania
Min. wage: lei24.36 /hr
Avg. salary: lei7,200 /mo
Russia
Min. wage: ₽156.31 /hr
Avg. salary: ₽100,316 /mo
San Marino
Min. wage: €1,600 /mo
Avg. salary: €2,200 /mo
Serbia
Min. wage: RSD271 /hr
Avg. salary: RSD110,000 /mo
Slovakia
Min. wage: €5.26 /hr
Avg. salary: €1,580 /mo
Slovenia
Min. wage: €8.55 /hr
Avg. salary: €2,300 /mo
Spain
Min. wage: €7.96 /hr
Avg. salary: €2,450 /mo
Sweden
No statutory minimum wage
Avg. salary: kr40,000 /mo
Switzerland
No statutory minimum wage
Avg. salary: CHF7,800 /mo
Turkey
Min. wage: ₺164.94 /hr
Avg. salary: ₺25,482 /mo
Ukraine
Min. wage: ₴48 /hr
Avg. salary: ₴20,000 /mo
United Kingdom
Min. wage: £12.71 /hr
Avg. salary: £3,253 /mo