Average salary in Europe

Average salary in Europe

In 2024, analyses of average salaries across Europe continue to show significant diversity, reflecting differences in economic development, cost of living and tax policies in each country. This survey provides a comprehensive analysis of average salaries based on available data and research and is designed to provide valuable information for employees, employers and labour market researchers.

Key Trends

Average salaries in Europe in 2023 continue to vary by region, with high values in Western Europe and lower values in Eastern Europe. Scandinavian countries, Luxembourg, Switzerland and the Netherlands show the highest average salaries, while Balkan and Eastern European countries such as Bulgaria and Romania show lower values.

Average Salary by Country

Luxembourg maintains its leading position with one of the highest average salaries in Europe, exceeding €3,400 per month per hand. This reflects the country’s high standard of living and developed economy.

Switzerland also stands out with an average salary of around €5,000 per month, indicating a high level of income and cost of living.

In the Nordic countries (Denmark, Sweden, Norway, Finland), the average salary is between 2,500 and 3,500 euros per month, emphasising strong social guarantees and high taxes.

The UK and Germany show average salaries of around €2,000-2,500 per month, reflecting the stability and maturity of their economies.

In Eastern Europe, such as Poland and the Czech Republic, average salaries are in the range of €800 to €1,200, reflecting rapid economic growth and increased investment in the region.

Impact on the Labour Market

Average wages affect migration flows within Europe as workers seek better living conditions and higher incomes by moving to countries with higher wages. This, in turn, affects the labour market, creating additional competition and demand for skilled workers. An analysis of average salaries in Europe in 2023 highlights the significant differences between countries, reflecting levels of economic development, cost of living and national tax systems. Understanding these differences is important for employees when considering overseas employment opportunities and for employers when planning talent attraction and retention strategies. Below, lawyers and tax advisors from Regulated United Europe have prepared an overview of the size of average salaries in various European countries.

Salaries in Europe in 2024

Average salary in Albania

Average salary in Albania

The economic situation in Albania continued to evolve in 2023, reflecting global trends and local economic conditions. One of the key indicators of the country’s economic situation, the average salary, shows interesting trends in different sectors of the economy.

Average Salary by Sector

Education

In the education sector, the average salary varied considerably depending on the position. University rectors received about 385 euros, while kindergarten teachers earned about 251 euros.

Marketing and Advertising

Marketing and advertising specialists also had different levels of income. For example, marketing specialists received about 385 euros, while SMM specialists earned about 304 euros.

Accounting

In the accounting department, the average salary was around €397, with the highest for traders reaching around €721.

Office Work

In the office sector, average salaries ranged from €263 for secretaries to €624 for HR directors.

Total Average Salary

Overall, the average salary in Albania in 2023 was around US$607.49, equivalent to approximately €564.

Conclusion

Salaries in Albania in 2023 reflect the diversity of the country’s economic sectors. The differences in earnings between different occupations and sectors highlight the importance of specialised education and skills in Albania’s modern economy. This data provides valuable information for those considering a career or business in Albania, as well as for economists and analysts studying regional economic trends.
Average salary in Latvia

Average salary in Latvia

In 2023, the economic situation in Latvia had an impact on salaries in the country. The most significant changes affected the following aspects:

  1. General level of salaries: The average gross salary (before taxes) in Latvia was around 920 euros. After taxes and insurance premiums, the average Latvian earns between 600 and 700 euros. It is noted that earnings in the private sector are usually 60 euros higher than in the public sector.
  2. Regional differences: In Riga, the average salary is higher by about 15% compared to other regions of Latvia. For example, in the capital city the average salary reaches 1042 euros, while in Latgale it is only 622 euros.
  3. Maximum salaries: Depending on the speciality and intensity of work, maximum salaries can vary considerably. Highly qualified workers in the IT sector can earn over 3,000 euros, while executives and top managers can earn between 3,000 and 5,000 euros.
  4. Minimum wage: From the beginning of 2023, the minimum wage in Latvia is EUR 620, which is EUR 120 more than in previous years. This increase also affects other payments tied to the minimum wage, such as alimony and fines.
  5. Taxation: Latvia has a progressive taxation system. The basic income tax rate is 23% for annual income between EUR 20,005 and EUR 55,000. For income less than EUR 20,000 the rate is 20% and for income over EUR 55,000 the rate is 31.4%.

These data provide insights into how wage levels in Latvia vary by sector of employment, region of residence and occupation, as well as how the tax system affects “net” wages.
Average salary in Andorra

Average salary in Andorra

In 2023, the economic situation in Andorra is reflected in the level of average salaries in the country. Here are some key points regarding salaries:

  1. Average salary: In Andorra, the average salary was approximately €2,040 per month.
  2. Minimum wage: The established minimum wage in Andorra was €1,286.13 per month.
  3. Differences by gender: The average annual salary for men was around 48,351 euros, while for women it was around 46,630 euros.
  4. Salaries depending on education: People with a doctorate earned on average about 60,665 euros per year, while those with a bachelor’s degree earned on average about 44,004 euros per year.
  5. Impact of work experience: Professionals with more than 20 years of experience could expect annual earnings in the region of €59,306, while those with 0 to 1 year of experience earned around €37,757 per year.

This data illustrates how salary levels in Andorra in 2023 varied according to factors such as education, work experience and gender. This provides useful information for those interested in employment or business in Andorra, as well as for economists and analysts studying European economic trends.
Average salary in Liechtenstein

Average salary in Liechtenstein

Liechtenstein, known for its high standard of living and strong economy, typically offers some of the highest salaries in Europe. The country’s economy relies heavily on the financial services sector, manufacturing and high-tech industries, which often offer competitive salaries.

  1. High Average Salary: The average salary in Liechtenstein is generally higher than in most European countries. This is partly due to the country’s small size, developed economy and high concentration of specialised industries.
  2. Variations by Industry: Salaries can vary significantly by industry. For example, the financial sector, banking and insurance often offer the highest salaries, reflecting the country’s status as a financial centre. Similarly, specialised manufacturing and high-tech industries also tend to offer competitive salaries.
  3. Impact of Qualifications and Experience: As in many countries, individual qualifications and experience play a key role in determining salary levels. Employees with higher education, specialised skills and extensive experience tend to earn higher salaries.
  4. Standard of Living: It is important to take into account that despite high salaries, the cost of living in Liechtenstein is also relatively high compared to other regions. This should be taken into account when assessing the overall economic situation.
  5. Taxation and Social Security: The taxation system in Liechtenstein is known to be favourable, which can have a positive impact on net income. However, details on specific tax rates and social security contributions are necessary to fully understand the amount on hand.

Average salary in Lithuania

Average salary in Lithuania

In 2023, the average salary in Lithuania varied by economic sector and position. Some key data are summarised below:

  1. General Information: The average salary in the different sectors of the economy ranged from 1,000 to 2,795 euros. For example, in administration the average salary was around €1,350, in agriculture and food processing around €1,282 and in banking around €1,718.
  2. IT and Communications: The IT and Communications sector had one of the highest average salaries, reaching 2,242 euros.
  3. Highly Paid Occupations: Highly paid occupations included web and multimedia developers with a salary of €5,775, airline pilots with €4,774 and IT managers with €4,

This data demonstrates the diversity of salary levels in different areas of work in Lithuania. It is important to note that salaries may vary depending on the region, qualifications and work experience.
Average salary in Austria

Average salary in Austria

In 2023, the Austrian economy showed diversity in the levels of average salaries in different sectors. The IT sector stood out in particular, where average salaries reached around EUR 2,242 per month. This reflects the high demand and value of IT skills. In other sectors such as administration and education, average salaries were around €1,350 and €1,300 respectively. These data illustrate that in Austria, salary levels vary by sector, offering different career opportunities for professionals.
Average salary in Luxembourg

Average salary in Luxembourg

In 2023, the average salary in Luxembourg varies according to the sector and the level of experience of the employee:

  1. IT and Finance: These sectors see the highest salaries. For example, a chief information officer (CIO) with more than eight years’ experience can earn up to €250,000 per year, which corresponds to more than €20,800 per month.
  2. Architecture and Design: In this field, salaries start from €33,000 per year for beginners to €110,000 for agency managers with experience.
  3. Banking and Financial Services: In the banking and financial services sector, salaries have also risen over the past two years. For example, salaries for senior risk managers have risen to €121,000 per year.
  4. Construction and Completion: Here salaries range from €25,000 per year for junior team leaders to over €150,000 for senior operations managers.
  5. Sales and Marketing: Entry-level professionals in this field can expect salaries between €29,000 and €53,000 per year.
  6. Finance and Accounting: Salaries here start from €36,000 to €99,000 per annum for junior professionals and increase rapidly with management level and experience.
  7. Minimum Wage: Luxembourg has one of the highest minimum wages in Europe: from 1 February 2023, the minimum wage is €2,447 for unskilled workers and €2,936.48 for skilled workers.

This data illustrates that salaries in Luxembourg can vary significantly depending on the sector, qualifications and experience of the employee. In general, Luxembourg offers high salaries compared to many other countries, especially in IT and finance.
Average salary in Malta

Average salary in Malta

The average salary in Malta in 2023 was around €1,500 per month. This number is a statistical average covering all sectors of the country’s economy. However, it should be noted that there are significant variations depending on the sector, skill level and experience of workers.

Salaries by sector

  1. IT industry: With one of the fastest growing economies in Europe, Malta attracts talent in the IT sector. The average salary in this sector is around €2,500 per month.
  2. Tourism and Hospitality: As a key industry for the Maltese economy, the tourism and hospitality sector offers an average salary of around €1,200 per month.
  3. Financial sector: Financial services, including banking and insurance, are also an important part of the economy. The average salary here is approximately 2,200 euros.
  4. Education and Health: The education and health sectors in Malta offer average salaries of around €1,400 and €1,600 respectively.

Conclusions

Malta continues to offer a diverse range of opportunities for professionals in various fields. Given its strategic position in the Mediterranean and its involvement in the European economic system, the country is an attractive location for career growth and development. Despite its relatively small size, Malta’s economy shows healthy growth and diversity, making it attractive to migrant workers and international professionals.
Average salary in Belgium

Average salary in Belgium

The average salary in Belgium in 2023 was approximately €2,500 per month. This number reflects the general level of income across all sectors and can vary significantly depending on the sector, region, skill level and experience of the employee.

Salaries by sector

  1. IT industry: The IT sector in Belgium continues to grow, attracting talent from all over the world. The average salary in this sector is around €3,500 per month.
  2. Health: Health professionals in Belgium earn on average around €2,800 per month.
  3. Manufacturing and Engineering: Belgium’s strong industrial base ensures competitive salaries in the manufacturing sector, averaging around €2,700 per month.
  4. Education: In education, the average salary is around €2,500 per month, reflecting the importance of this area to Belgian society.
  5. Tourism and hospitality: This sector, important for the Belgian economy, offers average salaries of around €2,000 per month.

Conclusions

Belgium, a country with a high standard of living and a developed economy, continues to offer attractive career opportunities. The diversity of industries and the stability of the economy make it a key destination for professionals from various fields. Given its position at the centre of Europe and its vibrant economy, Belgium remains one of the most attractive labour markets in Europe.
Average salary in Bosnia and Herzegovina

Average salary in Bosnia and Herzegovina

In 2023, Bosnia and Herzegovina continued its economic recovery and development efforts, meeting both challenges and opportunities on the way to improving the lives of its citizens. The country, which has a complex economic and political history, is showing gradual growth in various sectors. In this article, we take a detailed look at the average salaries in various sectors of Bosnia and Herzegovina’s economy in 2023.

Overview

The average salary in Bosnia and Herzegovina in 2023 was around 1,000 euros per month. This number is an average, which may vary depending on the region, economic sector, skill level and experience of the worker.

Salaries by sector

  1. IT industry: With the growing global demand for digital technologies, the IT sector in Bosnia and Herzegovina is showing remarkable development. The average salary in this field is around 1,500 euros per month.
  2. Manufacturing: Traditionally a strong industry in Bosnia and Herzegovina, the manufacturing sector offers average salaries of around €900 per month.
  3. Construction: The average salary in the construction industry is approximately €1,000, reflecting the current demand for construction services.
  4. Agriculture: In the agricultural sector, the average salary is around €800 per month, reflecting the importance of this industry to the local economy.
  5. Education and health care: In education and health care, average salaries are around €900-1,000.

Conclusions

Bosnia and Herzegovina continues to show economic growth despite a number of internal and external challenges. The country is gradually improving its economic performance, offering a diverse labour force. While average salaries remain below the European average, they are gradually increasing, reflecting the gradual strengthening of the country’s economy.
Average salary in Montenegro

Average salary in Montenegro

Montenegro continued to strengthen its economy in 2023, emphasising the development of key sectors and attracting foreign investment. This small but rapidly developing country in the Balkan Peninsula presents an interesting case for examining salary dynamics in various sectors. In this article, we explore average salary levels in Montenegro in 2023, with a focus on different sectors of the economy.

Overview

The average salary in Montenegro in 2023 was about 700 euros per month. This indicator reflects the overall economic situation of the country and varies by sector, geographical location, and the level of qualifications and experience of workers.

Salaries by sector

  1. Tourism and hospitality: As one of the leading sectors of Montenegro’s economy, tourism offers an average salary of around 800 euros per month, especially in the summer season.
  2. Information Technology: With the growing global demand for IT services, the IT sector in Montenegro offers salaries of around €1,000 per month.
  3. Construction and property: In this sector, the average salary is around 700 euros, reflecting the active construction and infrastructure development in the country.
  4. Education and health care: The average salary in these socially important sectors is around 600-700 euros per month.
  5. Agriculture: In the agricultural sector, which remains important for the local economy, the average salary is around 500 euros.

Conclusions

Montenegro, a country with a growing economy and promising prospects, presents a variety of opportunities for the labour force. With improved infrastructure and a steady inflow of foreign investment, the country is gradually improving its standard of living and attractiveness to workers and professionals. Average salaries in Montenegro
Average salary in Bulgaria

Average salary in Bulgaria

In 2023, the average salary in Bulgaria was approximately 1,000 euros per month. This figure differs depending on the region, industry and the level of qualification of the employee.

Salaries by sector

  1. IT industry: The IT sector in Bulgaria continues to show impressive growth, offering an average salary of around €1,500 per month.
  2. Tourism and hospitality: Important to the country’s economy, this sector offers average salaries in the region of €800 per month, especially during peak season.
  3. Manufacturing: Bulgaria’s strong manufacturing sector offers average salaries of around €1,000 per month.
  4. Agriculture: In this traditional sector, the average salary is around €700 per month.
  5. Education and health care: Average salaries in these fields range from 800 to 1,000 euros per month.

Conclusions

Bulgaria, a country striving for economic growth and modernisation, offers diverse opportunities for professional growth and development. With an improving investment climate and continuous development of key sectors, Bulgaria attracts both local and foreign professionals, offering competitive working and living conditions. These trends are reflected in average salaries across the country, which continue to rise, showing the overall strengthening of the economy.
Average salary in Netherlands

Average salary in the Netherlands

In 2023, the Netherlands continued to confirm its status as one of the most economically developed and stable countries in Europe. With a strong and diverse economy, this Western European nation is an example of successful economic policy and quality of life. In this article, we take a look at average salary levels in the Netherlands in 2023, focusing on different sectors of the economy.

Overview

The average salary in the Netherlands in 2023 was around €3,600 per month. This varies according to sector, professional qualifications and region of the country.

Salaries by sector

  1. IT industry: The Netherlands has seen significant growth in the IT sector, offering average salaries of around €4,500 per month.
  2. Health: The health care sector, which is critical to society, offers an average salary of around 3,700 euros per month.
  3. Finance and banking: The finance and banking sector in the Netherlands offers average salaries in the region of €4,000 per month.
  4. Education: In education, the average salary is around €3,000 per month, reflecting the importance of the sector.
  5. Tourism and Hospitality: The average salary in this sector is around €2,500, reflecting its popularity and importance to the country’s economy.

Conclusions

The Netherlands is an attractive economy with a high standard of living and well-developed professional sectors. Average salaries in the country reflect the stability and development of the economy, as well as a high level of social protection and quality of life. The Dutch economy continues to attract highly qualified people from all over the world, offering a competitive working and living environment.
Average salary in Croatia

Average salary in Croatia

In 2023, Croatia continued its path of economic recovery and development, overcoming challenges and striving to improve the living standards of its citizens. As a country with a rich history and a unique geographical location, Croatia represents an interesting labour market with diverse opportunities. In this article, we take a look at average salary levels in various sectors of the Croatian economy in 2023.

Overview

The average salary in Croatia in 2023 was about 1,200 euros per month. This figure reflects the general economic situation in the country and may vary by industry and region.

Salaries by sector

  1. Tourism and Hospitality: As one of Croatia’s key economic sectors, tourism offers average salaries of around €1,000 per month, especially during the peak season.
  2. IT industry: The IT sector in Croatia is developing dynamically, offering average salaries of around €1,800 per month.
  3. Manufacturing: The average salary in this sector is around €1,100 per month, reflecting the importance of industry to the country’s economy.
  4. Education and health care: Average salaries in these areas range from around 1,000-1,200 euros per month.
  5. Agriculture: In the agricultural sector, the average salary is around 900 euros per month.

Conclusions

Croatia, with its unique natural and cultural resources, continues to develop various sectors of its economy. The country offers a variety of employment opportunities for both locals and foreign professionals. Although average salaries in Croatia remain below the European average, they are gradually increasing, reflecting the improved economic situation and quality of life.
Average salary in Norway

Average salary in Norway

In 2023, Norway continued to consolidate its position as one of the world’s most prosperous countries with a high standard of living and a stable economy. This Scandinavian country is known not only for its natural beauty, but also for its well-developed social systems, quality education and high employment standards. In this article, we will look at average salary levels in Norway in 2023, analysing different sectors of the economy.

Overview

The average salary in Norway in 2023 was around €4,000 per month. This figure is one of the highest in Europe and the world, reflecting the strong economy and the high level of prosperity of the population.

Salaries by sector

  1. Oil and Gas: One of the leading industries in Norway, the oil and gas industry offers average salaries in the region of €6,000 per month.
  2. IT industry: The IT sector continues to grow, offering average salaries of around €5,000 per month.
  3. Health: In the health sector, the average salary is around €4,500 per month, reflecting its importance to society.
  4. Education: The education sector in Norway offers average salaries of around 4,000 euros per month.
  5. Tourism and hospitality: The average salary in this sector is around €3,500, reflecting its popularity and importance to the country’s economy.

Conclusions

Norway continues to demonstrate its economic resilience and attractiveness as a place to work and live. With some of the highest standards of living in the world, the country attracts highly skilled professionals from all over the world, offering competitive working conditions and high salaries in various sectors of the economy.
Average salary in Cyprus

Average salary in Cyprus

In 2023, Cyprus continued to demonstrate its potential as one of the actively developing economic centres in the Eastern Mediterranean. The country, known for its beautiful beaches and rich culture, offers a variety of employment opportunities for locals and foreigners alike. In this article, we take a look at the average salary levels in various sectors of the Cyprus economy in 2023.

Overview

The average salary in Cyprus in 2023 was around €2,000 per month. This figure is an average and may vary depending on the industry, geographical location and qualifications of the employee.

Salaries by sector

  1. IT industry: The IT sector in Cyprus continues to grow, offering average salaries of around €2,500 per month.
  2. Tourism and Hospitality: As a key sector for the Cypriot economy, this sector offers average salaries in the region of €1,500 per month, especially during the peak season.
  3. Financial Services: The average salary in this industry is around €2,200 per month, reflecting Cyprus’ growing role as a financial centre.
  4. Education and health care: Average salaries in these areas range from around 1,800-2,000 euros per month.
  5. Construction and real estate: The average salary in this sector is around €1,700 per month.

Conclusions

Cyprus continues to present an attractive economic environment, offering a variety of career opportunities in different sectors. With improving economic conditions and increasing foreign investment, the country promises to become even more attractive to international professionals and local talent. Average salaries in Cyprus reflect the steady growth of the economy and the improvement in the quality of life of the population.
Average salary in Poland

Average salary in Poland

In 2023, Poland continued to demonstrate its economic potential in Eastern Europe, showing stable economic growth and attracting international investment. With developing infrastructure and improving quality of life, Poland represents an important economic player in the region. In this article, we take a look at average salaries in various sectors of Poland’s economy in 2023.

Overview

The average salary in Poland in 2023 was about 1,200 euros per month. This figure is an average and can vary significantly depending on the industry, region and level of qualification of the employee.

Salaries by sector

  1. IT industry: With the growing demand for digital technologies, the IT sector in Poland offers average salaries of around €1,800 per month.
  2. Manufacturing: Important for the Polish economy, the manufacturing sector offers average salaries of around €1,100 per month.
  3. Tourism and hospitality: In this sector, the average salary is around €900 per month, especially during periods of peak demand.
  4. Education and health care: Average salaries in these important sectors for society are around 1,000-1,200 euros per month.
  5. Construction: In the construction industry, the average salary is in the region of 1,100 euros per month.

Conclusions

Poland continues to develop as an important economic centre in Eastern Europe, offering a variety of employment opportunities. With an improving business climate and investment in key sectors of the economy, the country is attracting both local and foreign professionals. Average salaries in Poland reflect general trends in economic development and improving living standards.
Average salary in Czech Republic

Average salary in the Czech Republic

In 2023, the Czech Republic continued to show strong economic growth supported by the development of industry, technology and tourism. As a country rich in history and culture, the Czech Republic is an important economic hub in Central Europe. In this article, we look at average salary levels in various sectors of the Czech Republic’s economy in 2023.

Overview

The average salary in the Czech Republic in 2023 was around 1,500 euros per month. This figure reflects the general economic situation and can vary significantly depending on the industry and region.

Salaries by sector

  1. IT industry: In IT, the average salary is around €2,000 per month, reflecting the rapid growth and innovative nature of the industry.
  2. Manufacturing: The manufacturing sector, one of the key sectors in the Czech economy, offers average salaries of around €1,400 per month.
  3. Tourism and hospitality: In this sector, the average salary is around 1,200 euros per month, especially during peak tourist seasons.
  4. Education and health care: Average salaries in these areas are in the region of 1,300-1,500 euros per month.
  5. Construction: In the construction industry, the average salary is around 1,400 euros per month.

Conclusions

The Czech Republic continues to develop as an economically stable and progressive country with diverse career opportunities. With an improving business climate and increased foreign investment, the country is becoming increasingly attractive to local and foreign professionals. Average salaries in the Czech Republic reflect the overall growth of the economy and improving living standards.
Average salary in Portugal

Average salary in Portugal

In 2023, Portugal continued its economic development, remaining stable and attractive for investment. This southern European country, known for its rich history, culture and picturesque landscapes, is an important economic centre on the Iberian Peninsula. In this article we look at the average salary levels in different sectors of the Portuguese economy in 2023.

Overview

The average salary in Portugal in 2023 was around €1,100 per month. This figure varies depending on the industry, region and the level of qualification of the employee.

Salaries by sector

  1. IT industry: With the growing demand for digital technology, the IT sector offers average salaries of around €1,500 per month.
  2. Tourism and Hospitality: Important to the Portuguese economy, this sector offers average salaries in the region of 900 euros per month, especially during the tourist season.
  3. Manufacturing: The manufacturing sector offers average salaries of around €1,000 per month.
  4. Education and Health: The fields of education and health care offer average salaries of around €1,100-1,200 per month.
  5. Construction: In the construction industry, the average salary is in the region of €1,000 per month.

Conclusions

Portugal continues to offer diverse employment opportunities, supporting stable economic growth. With an improving economic climate and increased foreign investment, the country is attracting both local and foreign professionals. Average salaries in Portugal reflect the gradual improvement in economic conditions and living standards.
Average salary in Denmark

Average salary in Denmark

In 2023, Denmark continued to confirm its status as one of the most prosperous countries in the world, with a high standard of living and a developed economy. Known for its advanced social policies and stability, this Scandinavian country offers great opportunities for professional growth and development. In this article we will look at the average salaries in different sectors of the Danish economy in 2023.

Overview

The average salary in Denmark in 2023 is around 4,000 euros per month. This figure is one of the highest in Europe, reflecting the high level of economic development and living standards.

Salaries by sector

  1. IT industry: The IT industry in Denmark continues to grow, offering average salaries of around €5,000 per month.
  2. Health: In the health sector, the average salary is around €4,500 per month, emphasising its importance to Danish society.
  3. Education: The education sector offers average salaries in the region of 4,000 euros per month.
  4. Manufacturing and engineering: In these sectors, the average salary is around 3,800 euros per month.
  5. Tourism and hospitality: In this sector, the average salary is around €3,500, reflecting its popularity and importance to the country’s economy.

Conclusions

Denmark continues to be one of the most attractive places to work and live in Europe, thanks to its stable economy, high standards of living and progressive social policies. Average salaries in Denmark reflect a high level of prosperity and offer excellent opportunities for local and international professionals in a variety of sectors.
Average salary in Romania

Average salary in Romania

The average salary in Romania in 2023 is a significant economic indicator reflecting the state of the country’s economy. This indicator is expressed in euros, which allows comparison with other European countries.

General Overview

In 2023, the average salary in Romania continued its growth, which is a consequence of the country’s economic development and its integration into European economic processes. The average salary in Romania is estimated at around 1,000 euros per month. This reflects an increase compared to previous years, due to inflation and an increase in the standard of living in the country.

Salaries by Sector

  1. IT sector: The IT industry is one of the fastest growing in Romania. The average salary in this sector is around 1,500-2,000 euros. This is due to the high demand for qualified personnel and the significant contribution of this sector to the country’s economy.
  2. Agriculture: The agricultural sector traditionally has lower salaries. The average salary in this sector is around 500-700 euros. This reflects the lower degree of industrialisation and automation in agriculture.
  3. Health care: Health care in Romania is underfunded, which affects the salaries of workers. Doctors and nurses earn on average between 800 and 1,200 euros.
  4. Education: The education sector is also facing financial difficulties. Teachers and lecturers on average receive salaries of 700-900 euros.
  5. Industry: In the industrial sector, salaries vary depending on the sector, but on average are around 800-1,000 euros.

Regional Differences

It is worth noting that there are significant regional differences in salaries. In large cities, such as Bucharest, Cluj-Napoca and Timisoara, salaries are higher than in rural areas.

Conclusion

The average salary in Romania in 2023 reflects the gradual economic development of the country. Despite the growth, wages in Romania remain lower than in Western European countries, which emphasises the need for further economic reforms and investment.
Average salary in Estonia

Average salary in Estonia

The average salary in Estonia in 2023 is a key indicator reflecting the economic condition of the country and the living standards of its population. Estonia, being a part of the European Union, demonstrates dynamic economic development, which is reflected in the growth of salaries. In this article we will look at the average salaries in different sectors of the Estonian economy expressed in euros.

The big picture

In 2023, the average salary in Estonia continues to follow an upward trend, reflecting the general improvement of the economic situation in the country. The average monthly salary is estimated to be around 1,400 euros, which is a significant increase compared to previous years.

Salaries by Sector

  1. IT sector: Estonia is known for its achievements in the field of information technology. The average salary in the IT sector is around 2,200-2,500 euros, making it one of the highest paid sectors in the country.
  2. Construction: The construction sector is also performing well, with an average salary of around €1,200-1,500.
  3. Education: In education, the average salary ranges from 1,000 to 1,300 euros. This reflects the government’s investment in the education sector and the professional development of teachers.
  4. Health care: Health care workers, including doctors and nurses, earn on average between €1,200 and €1,800, indicating significant investment in health care.
  5. Tourism and hospitality: The tourism and hospitality sector, especially during the summer months, shows salaries in the region of 900-1,200 euros.
  6. Manufacturing: In the manufacturing sector, the average salary is around 1,100-1,400 euros, reflecting the stable development of industry in Estonia.

Regional Specifics

There is a difference in the level of salaries between the regions of Estonia. In the capital region Tallinn and other large cities, salaries tend to be higher than in rural areas.

Conclusions

The average salary in Estonia in 2023 reflects the positive trends in the Estonian economy. The growth of salaries in various sectors indicates that the economic situation is improving and the living standards of the population are rising. Estonia continues to strengthen its position as one of the advanced economies in the Baltic region.
Average salary in Finland

Average salary in Finland

The average salary in Finland in 2023 is an important economic indicator that reflects the living standards of the population and the general state of the economy. Finland, as a country with a highly developed economy, shows stable indicators in the field of salaries. All amounts in this article are in euros.

The big picture

In 2023, the average salary in Finland continues to follow a trend of moderate growth. The average monthly salary in the country is estimated to be around EUR 3,200, reflecting Finland’s high standard of living and economic stability.

Salaries by Sector

  1. IT sector: The IT industry in Finland is one of the most advanced in Europe. The average salary in this sector is around 3,800-4,500 euros, making it one of the leaders in terms of remuneration.
  2. Health care: In the health care sector, including doctors and nurses, the average salary is around 3,000-3,500 euros. This reflects the high level of development of medical services and investment in health care.
  3. Education: Teachers and lecturers in Finland, a country with one of the best education systems in the world, earn on average between 2,500 and 3,000 euros.
  4. Manufacturing and industry: In this sector, the average salary is around 2,800-3,200 euros, indicating the development of the country’s industrial sector.
  5. Trade and retail: The trade sector offers salaries in the region of €2,400-2,800, reflecting the role of retail in the country’s economy.
  6. Construction: In the construction industry, the average salary varies around EUR 2,500-3,000, emphasising the importance of this sector for the Finnish economy.

Regional Specifics

There are regional differences in salary levels across Finland. In large cities such as Helsinki, Tampere and Turku, salaries tend to be higher than in smaller cities and rural areas.

Conclusion

The average salary in Finland in 2023 reflects the country’s high level of economic development and prosperity. The growth of salaries in various sectors emphasises the sustainability of the Finnish economy and the quality of life of the population. Finland continues to be one of the economically stable and socially developed countries in Europe.
Average salary in Macedonia

Average salary in Macedonia

The average salary in North Macedonia in 2023 is an important economic indicator that reflects the economic condition and standard of living of the country’s population. In this article we will look at the average salaries in different sectors of the economy of North Macedonia, expressed in euros.

General Overview

North Macedonia, as a country in transition, is showing gradual economic growth. In 2023, the average monthly salary in the country is estimated to be around 500 euros. This reflects an improving economic situation, but also emphasises the gap between Macedonia and more developed European economies.

Salaries by Sector

  1. IT sector: Information technology is one of the fastest growing sectors in Macedonia. The average salary here is around 800-1,000 euros, which is well above the national average.
  2. Agriculture: The agricultural sector, traditionally important for the country’s economy, has an average salary in the region of 300-400 euros.
  3. Manufacturing and industry: In the manufacturing sector, the average salary ranges from 400 to 500 euros, reflecting the importance of this sector for the Macedonian economy.
  4. education and health care: In these sectors the average salary is around 450-550 euros. These sectors are facing financial difficulties, which affects the level of salaries.
  5. Tourism: The tourism sector, especially in summer, shows average salaries in the region of 400-500 euros.

Regional Differences

Salaries in Northern Macedonia can vary significantly from region to region. In the capital Skopje and other large cities, salaries tend to be higher than in rural areas.

Conclusion

The average salary in North Macedonia in 2023 reflects the gradual improvement of the economic situation in the country. Despite the growth, salaries in Macedonia remain relatively low compared to other European countries, emphasising the need to continue economic reforms and attract investment.
Average salary in Serbia

Average salary in Serbia

The average salary in Serbia in 2023 is an important economic indicator reflecting the level of economic development and living standards of the population. This article presents an overview of average salaries in different sectors of the Serbian economy, expressed in euros.

General Overview

In 2023, the Serbian economy continues its gradual growth, which affects the increase of the average salary in the country. The average monthly salary in Serbia is estimated to be around 500-600 euros. This improvement reflects the country’s economic efforts, but also indicates a significant gap with more developed European countries.

Salaries by Sector

  1. IT sector: The IT sector in Serbia is showing significant growth. The average salary here is around 1,000-1,200 euros, which is significantly higher than the national average.
  2. Manufacturing: In the manufacturing sector, average salaries range from 400 to 500 euros, reflecting the importance of this sector to the country’s economy.
  3. Agriculture: The agricultural sector in Serbia has average salaries in the region of 300-400 euros, reflecting the traditional structure of the economy.
  4. education and health care: The average salary in these areas is around 450-550 euros, which indicates that social sectors are underfunded.
  5. Construction: In construction, the average salary is around 500-600 euros, reflecting the current economic development in the construction industry.

Regional Specifics

There are significant regional differences in wages in Serbia. In the capital Belgrade and other large cities, salaries tend to be higher than in rural areas and smaller towns.

Conclusion

The average salary in Serbia in 2023 reflects the gradual economic improvement and development of the country. The growth of salaries in various sectors underlines the drive towards modernisation and integration into the European economy. However, the persistent gap with more developed countries highlights the need for further economic reforms and improvement of labour conditions.
Average salary in France

Average salary in France

The average salary in France in 2023 is a key indicator of the country’s economic health and standard of living. France, one of Europe’s largest economies, is experiencing steady economic growth, which is reflected in salaries. In this article, we look at average salaries for different sectors of the economy, expressed in euros.

The big picture

In 2023, the average monthly salary in France is estimated to be around €2,500-3,000. This reflects the high level of economic development and social standards in the country.

Salaries by Sector

  1. Financial sector and insurance: In these industries, the average salary is around 3,500-4,000 euros, making them among the highest paid sectors.
  2. IT sector: Average salaries in the IT sector range from €3,000 to €3,500, reflecting the importance of this sector to the French economy.
  3. Industry and manufacturing: In these sectors, the average salary is around €2,500-3,000, reflecting the development of France’s industrial base.
  4. education and health: The average salary in these sectors is around 2,200-2,800 euros, reflecting the contribution of these sectors to public welfare.
  5. Tourism and Hospitality: In these areas, the average salary is around €1,800-2,200, reflecting the importance of tourism to the French economy.
  6. Agriculture: The average salary in the agricultural sector is around €1,500-2,000, reflecting its traditional importance in the French economy.

Regional Specifics

There is considerable regional diversity in salary levels in France. Large cities such as Paris, Lyon and Marseille tend to have higher salaries than smaller towns and rural areas.

Conclusion

The average salary in France in 2023 reflects the country’s high level of economic and social development. The diversity of salaries in different sectors emphasises the diversity of France’s economic structure and its ability to provide a high standard of living for its population.
Average salary in Slovakia

Average salary in Slovakia

The average salary in Slovakia in 2023 is a significant economic indicator reflecting the current state of the economy and the living standards of the population. As a member of the European Union, Slovakia continues to develop its economy, which affects the level of salaries in various sectors. In this article we will look at average salaries in Slovakia expressed in euros.

The big picture

In 2023, the average monthly salary in Slovakia is estimated to be in the region of EUR 1,000-1,200. This reflects moderate economic growth and improved labour conditions in the country.

Salaries by Sector

  1. IT sector: The IT sector in Slovakia is showing dynamic growth. The average salary in this sector is around 1,500-1,800 euros, which makes it one of the highest paid sectors.
  2. Manufacturing and industry: The average salary in the manufacturing sector is approximately €1,000-1,200, reflecting the importance of this sector to the country’s economy.
  3. Trade and retail: In the trade sector, the average salary is around 900-1,100 euros.
  4. education and health care: In these areas, the average salary is around 800-1,000 euros, which indicates that the social sectors are underfunded.
  5. Construction: In the construction sector, the average salary is in the range of EUR 1,000-1,200, reflecting the current state of the construction sector in the country.
  6. Agriculture: In the agricultural sector, the average salary is around 700-900 euros.

Regional Differences

There are differences in salary levels between different regions of Slovakia. In large cities such as Bratislava, salaries are generally higher than in less developed regions of the country.

Conclusion

The average salary in Slovakia in 2023 reflects the gradual economic growth and development of the country. The diversity of salaries in different sectors emphasises Slovakia’s economic structure and its potential for further development. At the same time, the existing wage disparities between sectors and regions underline the need for continued economic and social reforms.
Average salary in Slovenia

Average salary in Slovenia

The average salary in Slovenia in 2023 is an important indicator that reflects the economic condition and standard of living in the country. Slovenia, as a member of the European Union, shows stable economic development, which affects the salaries in different sectors. In this article we will look at the average salaries in different sectors of the Slovenian economy, expressed in euros.

General Overview

In 2023, the average monthly salary in Slovenia is estimated to be around EUR 1,200-1,400. This figure reflects moderate economic growth and improved labour conditions in the country.

Salaries by Sector

  1. IT sector: The IT sector in Slovenia continues to grow. The average salary in this sector is around EUR 1,800-2,200, making it one of the highest paid.
  2. Industry and manufacturing: In the manufacturing sector, average salaries are in the range of EUR 1,000-1,200, reflecting the key role of this sector in the country’s economy.
  3. Health care: In the health care sector, the average salary for health care workers is around 1,200-1,500 euros.
  4. Education: The average salary of teachers and lecturers ranges from 1,000 to 1,300 euros, reflecting investment in the education system.
  5. Tourism and hospitality: In this sector, the average salary is around 900-1,100 euros, due to the seasonal nature of the work and the growing tourist flow.
  6. Agriculture: The average salary in the agricultural sector is around 800-1,000 euros.

Regional Differences

There are regional differences in wages in Slovenia. In large urban centres such as Ljubljana, salaries tend to be higher than in rural areas.

Conclusion

The average salary in Slovenia in 2023 reflects sustained economic growth and rising living standards. The differences in wages between sectors and regions emphasise the dynamism and diversity of the Slovenian economy. Despite progress, the country continues to face challenges, including the need for further economic development and improved labour conditions.
Average salary in Germany

Average salary in Germany

The average salary in Germany in 2023 is a key indicator reflecting the economic health of one of Europe’s largest economies. Germany, known for its economic stability and high standard of living, provides interesting data on salaries in various sectors. In this article, we explore average salaries in Germany expressed in euros.

General Overview

In 2023, the average monthly salary in Germany is estimated to be around 3,500-4,000 euros. This reflects the high level of economic development and prosperity of the population.

Salaries by Sector

  1. Automotive: The automotive sector has traditionally been one of the key sectors in Germany. The average salary here is around 3,800-4,500 euros.
  2. IT sector: The average salary in the IT sector ranges from 3,500 to 4,200 euros, reflecting the importance of this sector for the country’s economy.
  3. Financial sector: Employees in the financial sector, including banks and insurance companies, earn on average between €4,000 and €4,500.
  4. Health care: Health care workers, including doctors and nurses, earn on average between 3,000 and 3,800 euros.
  5. Education: In education, the average salary for teachers and lecturers is around 2,800-3,500 euros.
  6. Tourism and hospitality: The average salary in these sectors is around 2,200-2,800 euros.
  7. Construction: In construction, the average salary is in the region of 2,800-3,400 euros.
  8. Agriculture: The average salary in the agricultural sector is around 2,000-2,500 euros.

Regional Differences

There are regional differences in wages in Germany. Large urban centres such as Munich, Frankfurt and Hamburg tend to have higher salaries than other regions.

Conclusion

The average salary in Germany in 2023 reflects the country’s high level of economic development. The diversity of salaries across sectors emphasises the diversity of Germany’s economic structure and its ability to provide a high standard of living for its population. However, existing regional and sectoral differences emphasise the need to balance economic opportunities across the country.
Average salary in Spain

Average salary in Spain

The average salary in Spain in 2023 is an important economic indicator that reflects the current state of the country’s economy and the standard of living of its people. Spain, a country with a diverse economy and rich cultural history, offers a unique perspective on salaries in different sectors. In this article, we look at average salaries in different sectors of the Spanish economy, expressed in euros.

General Overview

In 2023, the average monthly salary in Spain is estimated to be around €1,700-2,200. This figure reflects the improvement in the country’s economic situation after several years of economic difficulties.

Salaries by Sector

  1. IT sector: The IT sector in Spain continues to grow. The average salary in this sector is around 2,200-2,800 euros.
  2. Tourism and hospitality: Important to the Spanish economy, the tourism sector offers average salaries in the region of 1,500-1,800 euros.
  3. Construction: In the construction industry, the average salary is around 1,700-2,100 euros.
  4. education and health: The average salary in these areas is around 1,800-2,200 euros, reflecting significant social investment.
  5. Industry: In the industrial sector, the average salary is around 1,900-2,300 euros.
  6. Agriculture: The average salary in the agricultural sector is around 1,200-1,500 euros.

Regional Differences

There are regional differences in salary levels in Spain. Large cities such as Madrid and Barcelona tend to have higher salaries than other regions of the country.

Conclusion

The average salary in Spain in 2023 reflects the gradual recovery of the economy after a period of recession. The differences in salaries between sectors and regions show the diversity of the Spanish economy. Despite progress, the country continues to face challenges such as high youth unemployment and the need for further economic development.
Average salary in Greece

Average salary in Greece

Greece is a country rich in history and culture, but what about its economy and wages? In 2023, despite a number of challenges, Greece continues to show signs of economic recovery after years of financial difficulties.

Average salary in Greece in 2023

In 2023, the average salary in Greece was around €1,100 per month. This figure has become slightly higher compared to previous years, indicating a gradual improvement in the economic situation in the country. However, it should be noted that salaries can vary significantly from one region of Greece to another and depend on the field of work and level of experience.

Average salaries in different sectors

  1. Public sector

The average salary in the Greek public sector remains stable at around €1,200 per month. This sector includes workers in education, health care and public servants. Salaries in the public sector can be higher for highly qualified professionals and experienced workers.

  1. Private sector

The private sector offers a wider range of salaries and these can vary considerably depending on the industry. In IT and finance, average salaries can reach €1,500-2,000 per month for professionals with experience. However, in sectors with low qualification requirements, such as retail or hospitality, average salaries can be much lower at around €800-1,000 per month.

  1. Production

The manufacturing sector remains an important component of the Greek economy, and average salaries in this sector can vary greatly depending on the type of production. For example, employees in the automotive industry may earn closer to €1,500 per month, while employees in the food industry may have average salaries in the region of €1,000.

Conclusion

Average salaries in Greece in 2023 continue to show signs of stable growth after several years of economic difficulties. However, salary levels can vary significantly by region and economic sector. It is important to remember that these average figures represent a general picture and may vary for individual workers depending on their qualifications and experience.

Thus, Greece continues to move forward and average salaries are gradually increasing, which generally contributes to the improvement of the quality of life of the country’s citizens.
Average salary in Sweden

Average salary in Sweden

Sweden, with its well-developed social system and high standard of living, remains one of the most attractive countries to work and live in. In 2023, the average income in the country continues to rise, reflecting the overall growth of the economy and prosperity.

Average income in Sweden in 2023

In 2023, the average income in Sweden is approximately €3,600 per month. This is significantly higher than the average income in most other countries, making Sweden one of the best countries for employment and career development.

Average income in different sectors

  1. information technology

The IT sector continues to grow and the average income here can be quite high. Programmers and developers on average earn around €4,500-5,000 per month. This is due to the high demand for IT specialists and their key role in the modern economy.

  1. Health care

The average income in the health care sector in Sweden is around €3,800 per month. Doctors and nurses are in continuous demand and their salaries reflect the importance and responsibility of their profession.

  1. Production

The industrial sector also remains a significant part of the Swedish economy. The average income depends on the specific industry, but, for example, workers in manufacturing companies can earn between 3,000 and 4,000 euros per month, depending on experience and specialisation.

  1. education

Teachers and lecturers earn on average about 3,500 euros per month. Education in Sweden is a priority and teachers play an important role in shaping the future generation.

  1. Tourism and hospitality

The tourism and hospitality sector is also significant for the country. Employees in hotels, restaurants and tourism companies can earn between 2,500 and 3,500 euros per month, depending on the position and level of service.

Conclusion

Average income in Sweden in 2023 remains at a high level, making the country one of the best places for employment and career development. With diverse sectors and high standards of living, Sweden continues to attract workers from all over the world who seek a successful and stable career.
Average salary in Hungary

Average salary in Hungary

Hungary, located in the centre of Europe, continues to grow and attract attention as a place to work and live. In 2023, the country’s average income remains at a level that makes its economy attractive to many.

Average income in Hungary in 2023

In 2023, the average income in Hungary was approximately 800 euros per month. This income level is one of the lowest in Europe, but it is worth noting that the cost of living in Hungary is also lower compared to some other countries. The average salary can vary depending on the region and sector of activity.

Average income in different sectors

  1. Public sector

The average salary in the public sector in Hungary is usually slightly higher at around €900 per month. This sector includes public servants and employees in education and health care.

  1. Private sector

The private sector offers more varied opportunities and salaries can vary considerably. For example, IT employees can earn between €1,000 and €1,500 per month depending on experience and qualifications. Average salaries in retail and hospitality can be lower at around €700-800 per month.

  1. Production

The manufacturing sector remains a significant part of the Hungarian economy. Salaries in this sector can fluctuate, but, on average, workers in manufacturing enterprises earn around €800-1,000 per month.

  1. education

Teachers and lecturers on average receive salaries of between €900 and €1,100 per month. Education remains a priority in the country and teachers in internal schools and universities play an important role in the development of education.

  1. Tourism and hospitality

The tourism and hospitality sector in Hungary is also significant. Employees in hotels, restaurants and tourism companies can earn between 700 and 1,200 euros per month, depending on the position and season.

Conclusion

The average income in Hungary in 2023 remains relatively low, but the cost of living is also more affordable compared to some other countries. The country’s economy continues to grow and opportunities for career advancement and improved living standards are present in Hungary.
Average salary in Iceland

Average salary in Iceland

The average salary in Iceland in 2023 is about 770 thousand kroner per month before taxes, equivalent to about 5,050 euros. After taxes, this figure drops to about 393 thousand kroner, or approximately 2,575 euros per month.

Looking at the different sectors of the economy, there are significant differences in wage levels:

  1. In finance and insurance activities, the average salary is around 7.2 thousand euros per month.
  2. In the electricity and gas supply sector, it equates to approximately 6.9 thousand euros.
  3. In public administration and security, the average salary is around 5.8 thousand euros.
  4. In health care, it’s about 5,600 euros.
  5. In the field of information and communication – about 5.5 thousand euros.
  6. In transport and storage – approximately 5.1 thousand euros.
  7. In the manufacturing sector, about 4.9 thousand euros.
  8. In education, the average salary is around 4.3 thousand euros.
  9. In accommodation and catering it is at around 3,600 euros.

It is also worth noting that Iceland does not have an official minimum wage set by the government. It is determined as a result of negotiations between the employer and the employee and is fixed in the employment contract. According to the Icelandic trade union organisation VR, the minimum wage in Iceland in 2023 is 368 thousand kroner per month, which equals approximately 2,455 euros.

Different professions in Iceland have significantly different salaries. For example, surgeons and oncologists earn about 11-12 thousand euros per month before taxes, while teachers and physician assistants earn about 3-4 thousand euros before taxes.

Interestingly, Iceland has a gender pay gap of approximately 10.2% in favour of men.
Average salary in Switzerland

Average salary in Switzerland

In 2023, the average salary in Switzerland is around CHF 6,502 per month before taxes, which is roughly equivalent to 7,180 American dollars. It is important to note that women in Switzerland earn 12 per cent less than men.

The average salary by profession in Switzerland varies according to specialisation. For example, financial directors earn around 15,833 francs per month, doctors earn around 9,375 francs, computer programmers around 9,344 francs, engineers around 9,042 francs and teachers around 7,292 francs per month. On the other hand, labourers, drivers, gardeners, hairdressers and paramedics earn between 3,600 and 5,000 francs per month.

There are also differences in salaries by economic sector in Switzerland. For example, the average salary in the finance and insurance sector is around 9,286 francs per month, in the information and communication sector around 8,724 francs, in education around 8,570 francs and in public administration and defence around 8,258 francs per month. The accommodation and catering sector recorded the lowest average salary of about 4,412 francs per month.

The Swiss taxation system is quite complex, as taxes are levied at the federal, cantonal and municipal levels and the overall tax rate varies from region to region. For example, the maximum income tax rate in Zurich is 13% for annual income of 254.9 thousand francs or more, and in Geneva it is 19% for income over 616.2 thousand francs per year.

Lawyers from Regulated United Europe will help you with company formation in Switzerland.
Average salary in Ireland

Average salary in Ireland

In Ireland in 2023, the average salary is around €900.26 per week, equivalent to around €3,900 per month before tax. After tax, the average salary is around €2,965 per month.

Salaries in Ireland vary considerably depending on the profession. For example, the average net salary for an account manager is around €3,076, an accountant around €3,266 and an assistant accountant around €2,304. Professionals in higher-paying fields, such as an actuary or architectural technologist, can earn between €7,917 and €8,083 net.

The average salary in Ireland is highly dependent on length of service and level of education. College and university graduates start with minimum salaries of €1,400 to €2,500. With increasing work experience, their salaries can increase. Workers with secondary education usually earn less than university graduates.

Sectors of the Irish economy also offer varying levels of salaries. For example, the information and communications sector offers average salaries of around €1,512.16 per week, finance and insurance around €1,256.31, while the accommodation and food and arts, entertainment, recreation sectors offer the lowest average salaries, around €408.63 and €582.36 respectively.

In general, the economic situation in Ireland is favourable, and high wages are largely due to the influx of skilled labour migrants.
Average salary in Turkey

Average salary in Turkey

In 2023, the average salary in Turkey is around 23,000 Turkish Liras per month before taxes, which is approximately equal to 1,160 US dollars. This is equivalent to about €1,073 per month at the current exchange rate. After taxes, workers earn on average about 13,764 liras or about 695 US dollars, which equates to about 643 euros. Average salaries vary by sector, for example, the highest earnings are in the information and communication and finance sectors. The minimum wage in Turkey is 10,008 liras per month (about 928 euros) before taxes and 8,506 liras (about 788 euros) after taxes.
Average salary in Italy

Average salary in Italy

In Italy in 2023, the average salary varies by region, profession, skill level, gender and age of the employee. In general, the average salary in the country is around €2,415 per month, and after taxes and other deductions, it drops to around €1,800.

The average annual salary for different occupations in Italy is as follows:

  • Nurse: from €22,428 to €44,850 per year
  • Teacher: €27,700
  • Architect: €33,000
  • Cook: €35,500
  • Programmer: €26,400
  • Research Associate: €33,000
  • Engineer: €34,650
  • Waiter: €22,500
  • Dentist: 36,000 euros
  • Policeman: 22,000 euros

The salary also depends on the region. For example, in Lombardy the average annual salary is 32,191 euros, in Trentino Alto Adige it is 31,501 euros and in Lazio it is 31,016 euros. In contrast, salaries are lower in the south of the country.

Interestingly, there is a gender pay gap in Italy. In 2022, the average annual gross salary for men was €31,286, while for women it was €28,656.

These figures reflect averages and may vary depending on the specifics of a particular job and region.
Average salary in UK

Average salary in the UK

In 2023, the average salary in the UK, including bonuses, is around £588 per week, £2,548 per month and £30,576 per year. Translated into euros, this equates to about €670 per week, €2,905 per month and €34,880 per year. These figures reflect income before tax and other compulsory deductions.

There are significant differences in pay by industry sector. For example, in financial services the average annual salary is around £35,800, in IT around £35,176, in construction around £30,998, in manufacturing around £29,797, and in retail and education around £26,587 and £25,101 respectively.

Salaries also vary by profession. For example, brokers earn an average of £133,677 a year, executives and senior managers earn around £107,703, pilots earn around £90,146, and lawyers and doctors earn £73,425 and £69,463 respectively.

Men in the UK earn on average 17% more than women. The country has a progressive income tax scale ranging from 0 to 45%, depending on the level of income.

This data gives a general idea of salary conditions in the UK in 2023, but specific amounts can vary depending on a variety of factors including experience, qualifications and location.

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CONTACT US

At the moment, the main services of our company are legal and compliance solutions for FinTech projects. Our offices are located in Vilnius, Prague, and Warsaw. The legal team can assist with legal analysis, project structuring, and legal regulation.

Company in Lithuania UAB

Registration number: 304377400
Anno: 30.08.2016
Phone: +370 661 75988
Email: [email protected]
Address: Lvovo g. 25 – 702, 7th floor, Vilnius,
09320, Lithuania

Company in Poland Sp. z o.o

Registration number: 38421992700000
Anno: 28.08.2019
Phone: +48 50 633 5087
Email: [email protected]
Address: Twarda 18, 15th floor, Warsaw, 00-824, Poland

Company in Czech Republic s.r.o.

Registration number: 08620563
Anno: 21.10.2019
Phone: +420 775 524 175
Email:  [email protected]
Address: Na Perštýně 342/1, Staré Město, 110 00 Prague

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