Denmark Pays The Highest Wage In The EU – Followed By Sweden As 3rd
Within the 27 states of the European Union (EU), compensation of employees can show significant differences. The median gross hourly wage “varies in a ratio of 1 to 11”, says INSEE, in a study published Friday, September 10. Taking into account the differences in the prices of goods and services from one State to another, however, this ratio falls from 1 to 4. In France, the median salary is 15.2 euros in the private sector, according to figures dating back to 2018. A level far from Denmark, which has a median salary of 27.1 euros.
But this particularly high amount is also explained by the fact that social protection is financed by income tax in this Nordic country, and not by the levying of social contributions from employers. At the bottom of the pack, the median hourly wage of Bulgarians is only 2.4 euros. Eastern European countries generally offer lower salaries than Western and Northern Europe.
Sweden’s median wage was EUR 18.2 per hour, which is significantly higher than the combined median wage in the unon, which is EUR 13 per hour.
Listed below are the countries with the highest median wage in the EU: