Labour Markets
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Minimum Wage Levels in the EU 2024

Minimum wages range significantly across EU member countries. As of July 2024, Luxembourg has the highest minimum wage set at €2,571 per month. Luxembourg, Ireland, the Netherlands, Belgium, Germany and France, all have minimum wages above € 1,500 per month.

At the other end, Bulgaria has the lowest minimum wage of €477. Bulgaria, Hungary, Latvia, Malta, Romania, Slovakia, Czechia, Estonia, Croatia, Lithuania, Malta, Portugal, Greece and Poland all have below € 1,000 per month as minimum wage.

Note that the monthly minimum wages in Eurostat’s statistics are presented as gross earnings, before deductions of income tax and social security contributions.

For reference, the minimum in the United States (federal level) stood at €1,137 per month (coverted to € using exchange rate at the end of June 2024).

When adjusted for purchasing power, Luxembour also have the highest minimum wage of 1,912 PPS, indicating that when local living costs are considered, Luxembourg workers have a relatively higher purchasing power from their minimum wage earnings. This PPS adjustment provides a more leveled field for comparing the actual economic impact of wages across countries with diverse economic conditions.

Measured in PPS, the United States stands at 837, and would thus come in at the lower end of the ranking when compared to European Union countries.

Note: Denmark, Italy, Austria, Finland and Sweden have no national minimum wage.

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