EU countries by average annual wage

Luxembourg had the highest average annual wage of 22 EU countries in 2023, at 96,365 USD at PPP. Greece had the lowest, at 31,432 USD at PPP. The median was 57,009 USD at PPP. Source: the Organisation for Economic Co-operation and Development.

Keep it in a collection in your library.
Highest96,365Luxembourg
Lowest31,432Greece
Median57,00922 EU countries

Map of EU countries, 2023

Austria: 74,673 USD at PPPBelgium: 77,456 USD at PPPCzechia: 40,595 USD at PPPGermany: 72,953 USD at PPPDenmark: 75,175 USD at PPPEstonia: 39,032 USD at PPPSpain: 56,286 USD at PPPFinland: 62,069 USD at PPPFrance: 59,611 USD at PPPGreece: 31,432 USD at PPPHungary: 35,536 USD at PPPIreland: 68,814 USD at PPPItaly: 52,732 USD at PPPLithuania: 51,781 USD at PPPLuxembourg: 96,365 USD at PPPLatvia: 40,895 USD at PPPNetherlands: 76,028 USD at PPPPoland: 43,103 USD at PPPPortugal: 42,357 USD at PPPSweden: 60,122 USD at PPPSlovenia: 57,732 USD at PPPSlovakia: 35,940 USD at PPP
  • Under 41K
  • 41K to 52K
  • 52K to 60K
  • 60K to 74K
  • 74K and over
  • No data
USD at PPP, 2023. Hatched areas have no value for this period. Source: OECD, OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE). Boundaries: Natural Earth (public domain).

All EU countries, 2023

Luxembourg: 96,365 USD at PPPLuxembourg96,365Belgium: 77,456 USD at PPPBelgium77,456Netherlands: 76,028 USD at PPPNetherlands76,028Denmark: 75,175 USD at PPPDenmark75,175Austria: 74,673 USD at PPPAustria74,673Germany: 72,953 USD at PPPGermany72,953Ireland: 68,814 USD at PPPIreland68,814Finland: 62,069 USD at PPPFinland62,069Sweden: 60,122 USD at PPPSweden60,122France: 59,611 USD at PPPFrance59,611Slovenia: 57,732 USD at PPPSlovenia57,732Spain: 56,286 USD at PPPSpain56,286Italy: 52,732 USD at PPPItaly52,732Lithuania: 51,781 USD at PPPLithuania51,781Poland: 43,103 USD at PPPPoland43,103Portugal: 42,357 USD at PPPPortugal42,357Latvia: 40,895 USD at PPPLatvia40,895Czechia: 40,595 USD at PPPCzechia40,595Estonia: 39,032 USD at PPPEstonia39,032Slovakia: 35,940 USD at PPPSlovakia35,940Hungary: 35,536 USD at PPPHungary35,536Greece: 31,432 USD at PPPGreece31,432Luxembourg: 96,365 USD at PPPLuxembourg96,365Belgium: 77,456 USD at PPPBelgium77,456Netherlands: 76,028 USD at PPPNetherlands76,028Denmark: 75,175 USD at PPPDenmark75,175Austria: 74,673 USD at PPPAustria74,673Germany: 72,953 USD at PPPGermany72,953Ireland: 68,814 USD at PPPIreland68,814Finland: 62,069 USD at PPPFinland62,069Sweden: 60,122 USD at PPPSweden60,122France: 59,611 USD at PPPFrance59,611Slovenia: 57,732 USD at PPPSlovenia57,732Spain: 56,286 USD at PPPSpain56,286Italy: 52,732 USD at PPPItaly52,732Lithuania: 51,781 USD at PPPLithuania51,781Poland: 43,103 USD at PPPPoland43,103Portugal: 42,357 USD at PPPPortugal42,357Latvia: 40,895 USD at PPPLatvia40,895Czechia: 40,595 USD at PPPCzechia40,595Estonia: 39,032 USD at PPPEstonia39,032Slovakia: 35,940 USD at PPPSlovakia35,940Hungary: 35,536 USD at PPPHungary35,536Greece: 31,432 USD at PPPGreece31,432
USD at PPP. Source: OECD, OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE). Retrieved 2026-10-12.

Full ranking

RankEU countries2023
USD at PPP
Change on 2022
1Luxembourg96,365+2.8%
2Belgium77,456+1.5%
3Netherlands76,028-0.4%
4Denmark75,175+1.3%
5Austria74,673-0.8%
6Germany72,953-0.1%
7Ireland68,814-0.7%
8Finland62,069-1.4%
9Sweden60,122-2.7%
10France59,611-2.3%
11Slovenia57,732+2.1%
12Spain56,286-0.7%
13Italy52,732-2.3%
14Lithuania51,781+3.1%
15Poland43,103+4.4%
16Portugal42,357+4.7%
17Latvia40,895-0%
18Czechia40,595-1.1%
19Estonia39,032-0.4%
20Slovakia35,940+0.1%
21Hungary35,536+1.4%
22Greece31,4320%

Other periods

About this ranking

Average annual gross wage per full-time equivalent employee in the whole economy, in US dollars at constant prices and purchasing power parities for private consumption of the OECD's current base year. The OECD divides the national accounts wage bill by the average number of employees and converts the result to full-time equivalents with usual weekly hours.

A mean, not a median, so high earners pull it up. The OECD moves the price base forward each year and restates every past year, so values change when a new base is published; the source title names the base year.

Every value in the ranking comes from the same publisher and the same period, so the EU countries are compared on one definition. Equal values share a rank.

How to cite

OECD. OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40AV_AN_WAGE&df[ag]=OECD.ELS.SAE. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

Organisation for Economic Co-operation and Development. (2026). OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE) (EU countries by average annual wage, 2023) [Data set]. Retrieved October 12, 2026, from https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40AV_AN_WAGE&df[ag]=OECD.ELS.SAE

MLA 9

OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE), EU countries by average annual wage, 2023. Organisation for Economic Co-operation and Development, 12 Oct. 2026, https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40AV_AN_WAGE&df[ag]=OECD.ELS.SAE. Invokely, https://invokely.ai/rankings/average-annual-wage/eu-countries?period=2023. Accessed 12 Oct. 2026.

Chicago (author-date)

Organisation for Economic Co-operation and Development. 2026. OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE). EU countries by average annual wage, 2023. Dataset. Accessed October 12, 2026. https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40AV_AN_WAGE&df[ag]=OECD.ELS.SAE. Also distributed by Invokely, https://invokely.ai/rankings/average-annual-wage/eu-countries?period=2023.

Harvard

Organisation for Economic Co-operation and Development (2026) OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE), EU countries by average annual wage, 2023 [Dataset]. Available at: https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40AV_AN_WAGE&df[ag]=OECD.ELS.SAE, via Invokely: https://invokely.ai/rankings/average-annual-wage/eu-countries?period=2023 (Accessed: 12 October 2026).

BibTeX
@misc{organisation_eu_countries_by_average_2023,
  author = {{Organisation for Economic Co-operation and Development}},
  title = {{OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD\_EARNINGS@AV\_AN\_WAGE): EU countries by average annual wage, 2023}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40AV_AN_WAGE&df[ag]=OECD.ELS.SAE},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/rankings/average-annual-wage/eu-countries?period=2023. Publisher attribution: OECD. OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD\_EARNINGS@AV\_AN\_WAGE). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ\&df[id]=DSD\_EARNINGS\%40AV\_AN\_WAGE\&df[ag]=OECD.ELS.SAE. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html.},
}
RIS
TY  - DATA
AU  - Organisation for Economic Co-operation and Development
TI  - OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE): EU countries by average annual wage, 2023
PY  - 2026
DA  - 2026/10/12
PB  - Organisation for Economic Co-operation and Development
DB  - Invokely
UR  - https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40AV_AN_WAGE&df[ag]=OECD.ELS.SAE
L2  - https://invokely.ai/rankings/average-annual-wage/eu-countries?period=2023
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/average-annual-wage/eu-countries?period=2023.
N1  - Publisher attribution: OECD. OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40AV_AN_WAGE&df[ag]=OECD.ELS.SAE. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html.
ER  - 
Embed this chart

Paste this code into a web page or a blog post. The chart shows the latest figures as they are published, with the source and a link back to this page.

Sites that read oEmbed links, such as WordPress, can show the chart when you paste the link to this page.

Use this data in your AI agent

Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:

Rank EU countries by average annual wage using official data, and cite the source.
rank_places {"indicator":"average_annual_wage_usd_ppp","level":"country","within":"European Union (27)","limit":10}
GET https://invokely.ai/api/v1/rank?indicator=average_annual_wage_usd_ppp&level=country&within=European%20Union%20(27)&limit=10

Connect Claude, ChatGPT or Cursor in one step. The trial answers 25 calls a day without an account.

Questions

Which EU country has the highest average annual wage?

Luxembourg, with 96,365 USD at PPP in 2023, according to the Organisation for Economic Co-operation and Development.

Which EU country has the lowest average annual wage?

Greece, with 31,432 USD at PPP in 2023.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: Organisation for Economic Co-operation and Development, OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE). Retrieved 2026-10-12.

Average annual wage: other rankings

EU countries: more rankings