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The following list provides information relating to the minimum wages (gross) of countries in Europe. [1] [2] The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [3] Belgium (38 hours), [4] United Kingdom (38 hours), [3] Germany (38 hours), [5] Ireland (39 hours ...
Most of EU countries minimum wages are fixed at a monthly rate, but there are some countries where minimum wage is fixed at an hourly rate or a weekly rate.
For example, 33 states in the United States have higher minimum wages than the federal rate (plus military rates on federal bases) – on top of this an additional 42 city-level subdivisions having different minimum wage rates and 53 countries. [2] In effect, the United States has over 100 different minimum wages across the nation.
This is the map and list of European countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in euros. The chart below reflects the average (mean) wage as reported by various data providers. The salary distribution is right-skewed, therefore more than 50% of people earn less than the ...
The gross minimum monthly wage in 2020 was $1,989, though that was up just 0.8% year-over-year. Still, minimum wage earners in the country only spent 9.5% of their incomes on basic food items.
Minimum wage in Germany. Germany's minimum wage is €12.41 per hour, pre-tax since 1 January 2024. The legislation ( German: Gesetz zur Regelung eines allgemeinen Mindestlohns) was introduced on January 1, 2015, by Angela Merkel's third government, a coalition between the SPD and the CDU. The implementation of a minimum wage was the SPD's main ...
Bulgaria has the smallest average wage and monthly minimum wage in the European Union. Estonia has the smallest public debt (as a percentage of GDP) of any state in Europe, as well as in the European Union and eurozone. France has the largest financial deficit of any state in the eurozone.
The gross average monthly wage estimates for 2022 are computed by converting national currency figures from the United Nations Economic Commission for Europe (UNECE) Statistical Database, compiled from national and international (the CIS, Eurostat, the OECD) official sources. Wages in U.S. dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars.