EU countries by average annual wage

Luxembourg had the highest average annual wage of 22 EU countries in 2024, at 97,462 USD at PPP. Greece had the lowest, at 32,503 USD at PPP. The median was 58,474 USD at PPP. Source: the Organisation for Economic Co-operation and Development.

Highest97,462Luxembourg

Lowest32,503Greece

Median58,47422 EU countries

Map of EU countries, 2024

Under 42K
42K to 54K
54K to 61K
61K to 77K
77K and over
No data

USD at PPP, 2024. 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, 2024

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

Rank	EU countries	2024 USD at PPP	Change on 2023
1	Luxembourg	97,462	+1.1%
2	Netherlands	78,683	+3.5%
3	Belgium	78,614	+1.5%
4	Denmark	77,883	+3.6%
5	Austria	77,703	+4.1%
6	Germany	74,854	+2.6%
7	Ireland	68,849	+0.1%
8	Finland	62,393	+0.5%
9	Sweden	60,905	+1.3%
10	Slovenia	60,079	+4.1%
11	France	59,865	+0.4%
12	Spain	57,083	+1.4%
13	Lithuania	54,865	+6%
14	Italy	53,243	+1%
15	Poland	46,916	+8.8%
16	Portugal	44,144	+4.2%
17	Latvia	43,265	+5.8%
18	Czechia	41,954	+3.3%
19	Estonia	40,458	+3.7%
20	Hungary	37,852	+6.5%
21	Slovakia	37,248	+3.6%
22	Greece	32,503	+3.4%

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, 2024) [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, 2024. 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=2024. 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, 2024. 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=2024.

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, 2024 [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=2024 (Accessed: 12 October 2026).

BibTeX

@misc{organisation_eu_countries_by_average_2024,
  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, 2024}},
  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=2024. 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, 2024
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=2024
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/average-annual-wage/eu-countries?period=2024.
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  -

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Questions

Which EU country has the highest average annual wage?

Luxembourg, with 97,462 USD at PPP in 2024, according to the Organisation for Economic Co-operation and Development.

Which EU country has the lowest average annual wage?

Greece, with 32,503 USD at PPP in 2024.

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

Countries