
Catalina Espinosa
Research expert covering society, economy, and politics for Europe and the EU
Get in touch with us nowReal wages in the Eurozone showed a negative trend for the second year in a row, as high inflation caused the real value of wages to decline by almost one percent. Real wage growth is measured by adjusting nominal wage growth - that is, the growth of wages in monetary values - for inflation, or changes in the average price of the basket of goods. This means that in 2023, a worker would be able to buy one percent less than they would have in 2022, assuming their wages grew by the 4.5 percent nominal wage growth which was seen across the Eurozone in 2023.
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Everything on "Earnings and Wages in Europe" in one document: edited and divided into chapters, including detailed references.
Statista is a great source of knowledge, and pretty helpful to manage the daily work.![]()
Christof Baron
CEO, MindShare Germany
Overview
Wages in Europe
Average net earnings by different household types
Annual earnings in European countries
Income inequality
* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.