Minimum Wage Gulf in Europe

September 10th, 2014
in aa syndication, eurozone and euro

from Felix Richter,
by Niall McCarthy

Figures compiled by Eurostat show an enormous gulf in monthly minimum wage levels across the European Union.

Follow up:

Luxembourg has the highest minimum wage in the EU by a considerable distance – Luxembourgers earn €1,874 before the deduction of income tax and social security contributions.

In Bulgaria, which has the lowest minimum wage in the EU, workers earn a mere €159. Romania comes second-last with monthly minimum wages of €178. Back towards the top of the scale, Belgium comes second and the Netherlands comes third. They had monthly minimum wages of €1,502 and €1,478 respectively. Ireland and France round off the top five.

By contrast, the United States has a monthly minimum wage of €961. 21 of the EU's 28 Member States (Belgium, Bulgaria, the Czech Republic, Estonia, Ireland, Greece, Spain, France, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Poland, Portugal, Romania, Slovenia, Slovakia, the United Kingdom and Croatia) have national minimum wage legislation by national intersectoral agreement. Germany's minimum wage is set to take effect in January 2015.

This chart shows monthly minimum wage levels in the EU and US (in euros).

Infographic: Europe’s Massive Minimum Wage Disparity | Statista
You will find more statistics at Statista

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved