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Fluctuating Minimum Wage in EU: €399 to €2,508 Range

Updated: Aug 4, 2023

Eurostat Data Reveals Varying Minimum Wages Across EU Member States: From €399 in Bulgaria to €2,508 in Luxembourg in July of This Year.

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The official EU statistics office recently released a survey on minimum wages in effect, revealing that Portugal (€760) is among the 14 European Union countries with minimum wages below €1,000.

As of July 1, 2023, 22 out of the 27 EU Member States have established a national minimum wage. Notably, Cyprus implemented its minimum wage on January 1, 2023. However, Denmark, Italy, Austria, Finland, and Sweden do not have a defined minimum wage.

Eurostat highlights the significant disparity in monthly minimum wages among Member States, ranging from €399 in Bulgaria to €2,508 in Luxembourg.

Regarding the candidate and potential candidate countries, seven out of nine had a national minimum wage (Montenegro, North Macedonia, Albania, Serbia, Turkey, Ukraine, and Moldova), while Bosnia and Kosovo did not have one in place.

Eurostat's data on the national gross monthly minimum wage in July places Portugal in the category of countries with a minimum wage below 1,000 euros per month. This group also includes Cyprus, Greece, Lithuania, Malta, Poland, the Czech Republic, Estonia, Slovakia, Croatia, Hungary, Latvia, Romania, and Bulgaria.

Slovenia's national minimum wage was 1,203 euros, and Spain's was 1,260 euros. Luxembourg, Germany, Holland, Belgium, Ireland, and France belong to the group with national minimum wages above 1,500 euros per month, ranging from 1,747 euros in France to 2,508 euros in Luxembourg.

According to Eurostat's findings, the average annual growth rate of national minimum wages between July 2013 and July 2023 was highest in Romania (+12.9%), followed by Lithuania (+11.2%), Bulgaria (+9.7%), and the Czech Republic (+9.0%). In contrast, the lowest growth rates among EU Member States were recorded in Malta (+1.7%) and France (+2.0%).

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