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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) 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 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 ...
The countries and territories have a net average monthly salary of: Purple. above $3,000. Blue. $1,000 to $2,999. Green. $500 to $999. Yellow. below $500.
Between 2004 and 2013, more Central European countries began joining, expanding the EU to 28 European countries and once more making Europe a major economical and political centre of power. [236] However, the United Kingdom withdrew from the EU on 31 January 2020, as a result of a June 2016 referendum on EU membership . [ 237 ]
The quoted income tax rate is, except where noted, the top rate of tax: most jurisdictions have lower rate of taxes for low levels of income. Some countries also have lower rates of corporation tax for smaller companies. In 1980, the top rates of most European countries were above 60%. Today most European countries have rates below 50%. [1]
Georgia has the lowest monthly minimum wage in Europe. Germany has the largest financial surplus of any country in Europe as well as the remainder of the world. Greece has the highest public debt (as a percentage of GDP) of any European state. North Macedonia has the highest unemployment rate of any European state.
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 eight major pass-through economies—the Netherlands, Luxembourg, Hong Kong SAR, the British Virgin Islands, Bermuda, the Cayman Islands, Ireland, and Singapore—host more than 85 percent of the world’s investment in special purpose entities, which are often set up for tax reasons. — "Piercing the Veil", International Monetary Fund ...