Average Salary in European Union 2016

My previous two articles about average salaries in European Union (EU) member countries turned out to be one of the most popular on blog so far, I would even call them killer articles. 

First post about average salary in EU for 2014 - got more than 85,000 page views; post about average salary in EU 2015 got more than 90,000 page views to the date

In today's article, I will wrap up latest data on average salary in EU for 2016. I wouldn't call this a scientific research, as most of the data in this article are taken from Wikipedia's article List of European countries by average wage. I have added years 2014 and 2015 from previous years and did some simple calculations in Google Sheets. I have listened to previous suggestions to extend following table with population information for each country to get better understanding.

2016, definitely is an interesting year for European Union, which will be remembered as the year of Brexit phenomena, when United Kingdom in referendum decided to leave EU. Anyhow - for this and most probably next two years data for United Kingdom will be included in this table, but latter on... who knows how things will develop.

Average salary in European Union member countries 2016

Average median salary has increased for about 2.39% in European Union in 2016, resulting in average EUR 1508 monthly up from EUR 1469  in 2015

Rank Country Population 2014 2015 2016 2015-2016 % 2014-2016 %
      EUR Net EUR NET      
1 Luxembourg 0.50 3,189 3,149 3,149 0 -1.27
2 Denmark 5.60 3,122 2,307 3,100 25.58 -0.70
3 Sweden 9.50 2,690 2,551 2,560 0.35 -5.07
4 Finland 5.40 2,330 2,300 2,335 1.49 0.21
5 Germany 80.60 2,054 2,155 2,225 3.14 7.68
6 France 66.00 2,128 2,180 2,180 0 2.38
7 Netherlands 16.80 2,136 2,158 2,158 0 1.01
8 Ireland 4.60 2,160 2,129 2,129 0 -1.45
9 Austria 8.50 2,114 2,124 2,124 0 0.47
10 United Kingdom 64.10 2,597 2,253 2,113 -6.62 -22.90
11 Belgium 11.20 1,946 2,091 2,091 0 6.93
12 Italy 59.80 1,923 2,033 2,033 0 5.41
13 Spain 46.70 1,615 1,734 1,754 1.14 7.92
14 Cyprus 1.10 1,833 1,574 1,574 0 -16.45
15 Slovenia 2.00 1,044 1,092 1,092 0 4.39
16 Greece 11.00 818 1,004 1,069 6.08 23.47
17 Malta 0.40 1,092 1,021 1,021 0 -6.95
18 Portugal 10.40 985 1,001 1,001 0 1.59
19 Estonia 1.30 841 832 903 7.86 6.86
20 Czech Republic 10.50 701 765 793 3.53 11.60
21 Croatia 4.20 710 735 742 0.94 4.31
22 Poland 38.50 678 705 723 2.48 6.22
23 Slovakia 5.40 683 704 708 0.56 3.53
24 Latvia 2.00 557 601 664 9.48 16.11
25 Lithuania 2.90 524 544 585 7.00 10.42
26 Hungary 9.80 503 643 570 -12.80 11.75
27 Romania 19.90 398 417 463 9.93 14.03
28 Bulgaria 7.20 333 356 382 6.80 12.82
    505.90 1,489.43 1,469.93 1,508.61 2.39 3.73

Data source: List of European countries by average wage

This is a list of countries containing monthly (annual divided by 12 months) net income (after taxes) average wages in Europe in EUR currency. For this year table I have decided to exclude USD exchange rates, just to keep it simple. The table above reflects the average (mean) wage as reported by various data providers. In less developed markets, actual incomes may exceed those listed in the table due to the existence of grey economies.

While the median average wage in EU is about EUR 1,508 not all countries are equal, so for example the largest average salary have been registered in Luxembourg (EUR 3,149) while the lowest in Bulgaria (EUR 382).

It's interesting to observe that the median EUR 1,500 average wage divides EU by half - there are 14 countries were average wage is above that line, and there are 14 countries were average salary is bellow median. There are roughly 505 million population of EU in 2016. Countries were median average wage is bellow EUR 1,500 make a population of about 125 million, that's about a 25% of overall population in EU.

In fact just four out of fourteen countries were median average salary is bellow EU average (Slovenia, Greece, Malta and Portugal) have average salary just barely more than EUR 1,000, making the rest from camp 'bellow the median average salary in EU' with even less than EUR 1,000 average monthly salary. 

Average salary in European Union 2016

Average salary in European Union 2016

How does your country stands in this table? Readers and me would love to hear! Drop a comment!

About Reinis Fischer

Reinis Fischer is a Drupal Developer who works and lives in Tbilisi. A programmer by day and a writer by night. Or Vice Verse. Covers topics on Travel, Restaurant Reviews, Finances, Blogging e.t.c. Loves DIY and recently is excelling as a main constructor in his latest project - home remodeling.
Learn more or contact author.