Germany had an average salary of 62.4 thousand U.S dollars per year in 2023, the highest among the five largest European economies. Germany has consistently had the highest wages in Europe over the last thirty years, except for in 2007 and 2008 when the country was briefly overtaken by the United Kingdom. Many countries in Europe experienced a significant decrease in their average wage level following the global financial crisis of 2008, with France and Germany bucking this trend by reatining robust wage growth. While British wages have stagnated since the crash, only surpassing their 2007 level in 2019, Italian and Spanish wages have in fact fallen, driven by the macroeconomic troubles of these countries since the Eurozone crisis.
Average annual salaries of the largest economies in Europe from 1991 to 2023
(in U.S. dollars)
Characteristic
Germany
United Kingdom
France
Italy
Spain
2023
62,472.6
55,172.64
55,680.5
45,987.12
47,772.12
2022
58,940.33
53,985.06
52,763.59
44,893.33
42,859.34
2021
60,291.24
54,762.3
52,542.19
45,960.65
44,443.89
2020
60,309
53,612
50,550
44,246
43,828
2019
60,732
54,703
53,172
46,460
44,448
2018
59,750
53,950
52,664
46,230
43,975
2017
58,924
53,471
52,732
46,169
44,123
2016
58,311
53,156
52,010
46,469
44,704
2015
57,431
52,549
51,415
46,103
44,957
2014
56,141
51,816
50,929
45,704
44,294
2013
55,215
51,594
50,581
45,527
44,431
2012
54,699
51,070
50,159
45,379
44,427
2011
53,980
51,497
49,836
46,866
45,707
2010
52,912
52,455
49,926
47,629
46,538
2009
52,453
52,346
48,938
47,224
46,983
2008
52,442
52,475
47,429
46,864
44,201
2007
52,208
53,926
47,520
46,928
42,692
2006
52,367
51,890
47,347
46,947
42,235
2005
52,377.65
50,067.25
46,823.79
46,654.25
42,437.2
2004
52,188.86
50,561.33
46,266.46
46,032.26
42,254.99
2003
52,195.61
49,042.43
45,524.23
45,168.01
42,799.7
2002
52,022.68
47,505.08
45,155.67
45,290.1
43,018.47
2001
51,718.8
46,885.64
43,969.03
45,612.84
42,803.91
2000
51,344.1
44,967.09
43,694.35
45,289.58
43,029.08
1999
51,050.1
42,984.91
43,487.39
45,305.33
43,985.5
1998
50,379.97
40,920.73
42,550.45
44,793.69
44,011.32
1997
49,770.37
40,373.21
41,903.01
44,646.7
43,777.29
1996
49,981.57
38,948.97
41,440.29
43,400.7
43,730.41
1995
49,414
38,995
41,318
43,059
43,146
1994
48,388.12
38,989.35
40,713.47
44,022.51
44,019.56
1993
48,281.86
38,323.53
40,543.79
44,600.06
43,564.6
1992
47,965.97
37,721.36
40,082.35
45,297.8
42,879.65
1991
45,193.26
36,982.91
39,638.59
45,341.69
41,351.53
Zoomable Statistic: Select the range in the chart you want to zoom in on.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
OECD. (October 10, 2024). Average annual salaries of the largest economies in Europe from 1991 to 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1203069/annual-salary-in-largest-european-countries/
OECD. "Average annual salaries of the largest economies in Europe from 1991 to 2023 (in U.S. dollars)." Chart. October 10, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1203069/annual-salary-in-largest-european-countries/
OECD. (2024). Average annual salaries of the largest economies in Europe from 1991 to 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1203069/annual-salary-in-largest-european-countries/
OECD. "Average Annual Salaries of The Largest Economies in Europe from 1991 to 2023 (in U.S. Dollars)." Statista, Statista Inc., 10 Oct 2024, https://www.statista.com/statistics/1203069/annual-salary-in-largest-european-countries/
OECD, Average annual salaries of the largest economies in Europe from 1991 to 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/1203069/annual-salary-in-largest-european-countries/ (last visited November 22, 2024)
Average annual salaries of the largest economies in Europe from 1991 to 2023 (in U.S. dollars) [Graph], OECD, October 10, 2024. [Online]. Available: https://www.statista.com/statistics/1203069/annual-salary-in-largest-european-countries/