Press Release: National minimum wages in the EU. Monthly minimum wages in euro varied by 1 to 10 across the EU in January 2015

Author (Corporate)
Series Title
Series Details No.35/2015
Publication Date 26/02/2015
Content Type ,

As of 1st January 2015, 22 out of the 28 Member States of the European Union (EU) had national minimum wages. They ranged from €184 per month in Bulgaria to €1 923 in Luxembourg. However, when adjusted for differences in purchasing power, the disparities between Member States are reduced from a ratio of 1 to 10 in euro to a ratio of 1 to 4 in purchasing power standards (PPS).

For those countries where the national minimum wage is not fixed at a monthly rate (i.e. Germany, Ireland, France, Malta, the United Kingdom and the United States) the level of the min imum wage is converted into a monthly rate according to a standard number of hours worked per month that may differ across countries.

Source Link http://ec.europa.eu/eurostat/documents/2995521/6652357/3-26022015-AP-EN.pdf/42097ff5-231b-4116-b0cf-8a28ca316f84
Related Links
ESO: Background information: Minimum wages in the EU http://www.europeansources.info/record/minimum-wages-in-the-eu/
EurActiv, 27.02.15: Survey: Minimum wages uneven in EU http://www.euractiv.com/sections/social-europe-jobs/minimum-wage-lives-its-name-many-eu-member-states-survey-312455

Subject Categories
Countries / Regions