List of European countries by minimum wage
The following list provides information relating to the minimum wages of countries in Europe.
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),[1] San Marino (37.5 hours)[citation needed], Belgium (38 hours)[citation needed], United Kingdom (38.1 hours),[1] Ireland (39 hours),[1] Romania (39 hours)[citation needed], Monaco (39 hours),[2] Turkey (45 hours) and Germany (39.1 hours)[1].
Most of minimum wages are fixed at a monthly rate, but there are countries where minimum wage is fixed at a hourly rate or weekly rate.
Minimum wages by country
Country | Monthly minimum wage (EUR) | Monthly minimum wage | Hourly rate | Exchange rate | Effective per |
---|---|---|---|---|---|
Albania | 93.64 | 22,000.00 lekë | 125.00 lekë | 234.95 | 1 July 2013 |
Andorra | 968.00 | €968.00 | €5.50 | 1 | 1 January 2016 |
Armenia | 151.55 | 76,560.00 dram | 435.00 dram | 505.19 | 1 January 2017 |
Azerbaijan | 70.33 | 633.60 manat | 3.60 manat | 1.917770 | 1 April 2016 |
Belarus | 129.07 | 264.00 rubles | 1.50 rubles | 2.045423 | 1 January 2017 |
Belgium | 1531.93 | €1,531.93[3] | €9.30 | 1 | 1 July 2016 |
Bosnia and Herzegovina | 202.00 | 395 BAM[4] | 1.96 | 1 January 2017 | |
Bulgaria | 235.00 | 460 lev | 1.96 | 1 January 2017 | |
Croatia | 433.00 | 3,276 kuna | 7.56 | 1 January 2017 | |
Czech Republic | 407.00 | 11,000.00 koruna | 66 koruna | 27.00 | 1 January 2017 |
Estonia | 470.00 | €470.00[5] | €2.71 | 1 | 1 January 2017 |
France | 1466.62 | €1,466.62 (minimum wage is fixed at a hourly rate)[1][3] | €9.67[6] | 1 | 1 January 2016 |
Georgia | 58.04 | 932.80 lari | 5.30 lari | 2.773065 | 1 April 2016 |
Germany | 1440.00 | €1,440.00 (minimum wage is fixed at a hourly rate)[1][3] | €8.50[7] | 1 | 1 January 2015 |
Greece | 683.76 | €683.76 (€586.08 in 14 payments)[1][3] | €3.94 | 1 | 14 February 2012 |
Hungary | 411.00 (519.00 for skilled emp.) | 127,500.00 (161,000 for skilled emp.) forint | 733.00 (926 for skilled emp.) forint | 310 | 1 January 2017 |
Ireland | 1546.35 | €1,546.35 (minimum wage is fixed at a hourly rate)[1][3] | €9.15[8] | 1 | 1 January 2016 |
Kazakhstan | 70.00 | 24,376.00 tenge' | 138.50 tenge | 348.22 | 1 January 2017 |
Kosovo | 193.60 | €193.60 | €1.10 | 1 | 1 January 2017 |
Latvia | 380.00 | €380.00[9] | €2.19 | 1 | 1 January 2017 |
Lithuania | 380.00 | €380.00[3] | €2.19 | 1 | 1 July 2016 |
Luxembourg | 1922.96 | €1,922.96[3] | €11.09 | 1 | 1 January 2015 |
Macedonia | 236.00 | 14,563.00 denar[10] | 90.50 denars | 61.58 | 1 March 2016 |
Malta | 728.04 | €728.04 (minimum wage is fixed at a weekly rate)[1][3] | €4.20 | 1 | 1 January 2016 |
Moldova | 100.26 | 2,094.40 lei | 11.90 lei | 20.8895 | 1 January 2017 |
Monaco | 1715.94 | €1,715.94 (minimum wage is fixed at a hourly rate)[2] | €10.15[2] | 1 | 1 January 2016 |
Montenegro | 288.05 | €288.05 | €1.60 | 1 | 1 January 2014 |
Netherlands | 1537.20 | €1,537.20[3] | €8.87 | 1 | 1 July 2016 |
Poland | 453.00 | 2,000 złoty | 4.42 | 1 January 2017 | |
Portugal | 618.33 | €618.33 (€530 in 14 payments)[1][3] | €3.57 | 1 | 1 January 2016 |
Romania | 322.00 | 1,450 RON | 4.5069 | 1 February 2017 | |
Russia | 118.70 | 7,480.00 rubles | 42.50 rubles | 63.0151 | 1 July 2016 |
San Marino | 1531.80 | €1,531.80 | €9.20 | 1 | 1 January 2015 |
Serbia | 251.00 | 30,984.00 dinars[11] | 178.00 dinar | 123.43 | 1 January 2017 |
Slovakia | 435.00 | €435.00[12] | €2.51 | 1 | 1 January 2017 |
Slovenia | 790.73 | €790.73[3] | €4.56 | 1 | 1 January 2016 |
Spain | 825.53 | €825.53 (€707.6 in 14 payments)[13] | €4.76 | 1 | 1 January 2017 |
Turkey | 477.00 | 1,777 lira | 8.90 lira | 3.72 | 1 January 2017 |
Ukraine | 116.87 | 3200 hryven'[14] | 18.39 hryven' | 27.38 | 1 January 2017 |
United Kingdom | 1376.47 | £1,170 (minimum wage is fixed at a hourly rate)[15] | £7.20[15] | 0.85 | 1 October 2016 |
Countries with no minimum wage
- Austria[3]
- Cyprus[3]
- Denmark[3]
- Finland[3]
- Iceland[3]
- Italy[3]
- Liechtenstein[16]
- Norway[3]
- Sweden[3]
- Switzerland[3]
See also
- List of sovereign states in Europe by net average wage
- International organisations in Europe
- List of European countries by budget revenues per capita
- List of European countries by GNI (nominal) per capita
- List of countries by GDP (nominal)
- List of countries by GDP (PPP)
References
- ^ a b c d e f g h i j "Minimum wage statistics". Eurostat. Retrieved 27 December 2016.
- ^ a b c Wages in the Principality
- ^ a b c d e f g h i j k l m n o p q r s t "Minimum wages". Eurostat. Retrieved 27 December 2016.
- ^ https://seenews.com/news/bosnias-serb-republic-raises-minimum-wage-by-68-550726
- ^ Estonia's Minimum Wage set to rise - December 23, 2016
- ^ EU to challenge French minimum wage law on foreign truck drivers - sources
- ^ 5 KEY FACTS ABOUT THE NEW MINIMUM WAGE IN GERMANY
- ^ Minimum Wage in Ireland
- ^ Latvia's Minimum Wage to rise by 10 euros in 2017 - December 23, 2016
- ^ http://countryeconomy.com/national-minimum-wage/macedonia
- ^ "Minimalna zarada - demo.paragraf.rs".
- ^ New Minimum Wage in Slovakia set at €435 - December 23, 2016
- ^ El Ejecutivo fija en 707,6 euros el salario mínimo interprofesional, un 8% más que en 2016
- ^ "Parliament approves national budget for 2017". bank.gov.ua. Retrieved 21 December 2016.
- ^ a b "National Minimum Wage and National Living Wage rates - GOV.UK". www.gov.uk.
- ^ Country Reports on Human Rights Practices for 2015
External links
- Eurostat - Minimum wages
- Eurostat .- Monthly minimum wages - bi-annual
- Google - public data: Minimum Wage in Europe
- Database Central Europe; minimum wages in Central Eastern Europe