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This is the map and list of European countries by monthly average wage (annual divided by 12 months), gross and net income (after taxes) 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, like Eurostat . [ 1 ]
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 ...
The gross average monthly wage estimates for 2023 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 ...
Monthly minimum gross wage Monthly net minimum wage Monthly gross minimum wage Hourly rate Effective per Foo 10 10 Belgium: €2070.48 [3] - €2070.48 [4] €12.11 1 May 2024 Bulgaria: 1077 lev (minimum wage is fixed at an hourly rate) [5] €427.31 [6] €550.66 €3.45 [7] 1 January 2025 Croatia: €970.00 [8] €753.00 [9] €970.00 €6.06
The total Finnish income tax includes the income tax dependable on the net salary, employee unemployment payment, and employer unemployment payment. [18] [19] The tax rate increases very progressively rapidly at 13 ke/year (from 25% to 48%) and at 29 ke/year to 55% and eventually reaches 67% at 83 ke/year, while little decreases at 127 ke/year ...
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
This is a map of European countries by GNI (gross national income nominal) per capita for the year 2021. [1] High income, [2] defined by the World Bank as $13,205 or more, is indicated in purple; upper middle income, ranging from $4,256 and $13,205, is shown in orange; and lower middle income between $1,086 and $4,255, is represented in red.
Net national income encompasses the income of households, businesses, and the government. Net national income is defined as gross domestic product plus net receipts of wages , salaries and property income from abroad, minus the depreciation of fixed capital assets (dwellings, buildings, machinery, transport equipment and physical infrastructure ...