By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Minimum wages: Which European countries have seen the highest increases?
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Business > Minimum wages: Which European countries have seen the highest increases?
Business

Minimum wages: Which European countries have seen the highest increases?

By admin 6 Min Read
Share
SHARE

In nominal terms, Eastern and Southeastern Europe experienced the most significant increases in minimum wages between 2015 and 2025. Euronews Business examines how minimum wages have changed across Europe over the past decade.

Contents
Eastern and Southeastern Europe saw the fastest growthHas minimum wage disparity increased or decreased in the EU?Minimum wage rankings in PPSEU Minimum Wage Directive

An adequate minimum wage is crucial for ensuring a decent standard of living for workers. But how have minimum wages changed in Europe from 2015 to 2025? And, over the last decade, have wage disparities been widening or narrowing?

As of January 2025, gross monthly minimum wages in the EU ranged from €551 in Bulgaria to €2,638 in Luxembourg, according to Eurostat. When including EU candidate countries with available data, the lowest minimum wage drops to €182 in Ukraine, followed by €285 in Moldova.

In January 2015, this total had varied from €184 in Bulgaria to €1,923 in Luxembourg. Among candidate countries, the lowest figure was €53 in Moldova.

In nominal euro terms (excluding local currency fluctuations), Romania recorded the highest increase in gross minimum wages among EU countries. It saw the total rising 273% from €218 in January 2015 to €814 in January 2025. When including candidate countries, Moldova saw the most significant growth, with an increase of 438%.

In Bulgaria, where wages have historically been among the lowest in the EU, the minimum wage increased from €184 to €551, marking a 199% rise between 2015 and 2025.

France saw the smallest increase, with minimum wages rising by just 24%, from €1,458 to €1,802 over the same period.

In Germany, the minimum wage rose by €717, translating to a 50% increase. In the Netherlands, it increased from €1,502 to €2,193, reflecting a 46% rise.

Eastern and Southeastern Europe saw the fastest growth

Eastern and Southeastern Europe experienced the fastest wage growth, helping narrow the gap with Western Europe. Since these countries started with lower wages, even moderate increases led to large percentage gains.

The Baltic states also saw strong growth, while Western Europe had smaller increases, reflecting more stable economies and already high wage levels.

Looking at the average annual growth rate of minimum wages between January 2015 and January 2025, we see similar trends.

Romania recorded the highest growth among EU countries at 14.1%, while among EU candidate countries, Moldova saw the highest increase at 18.4%.

France had the lowest growth at just 2.1%. Growth rates also remained below 5% in Ireland, Germany, the Netherlands, Belgium, and Greece.

Has minimum wage disparity increased or decreased in the EU?

In 2015, among the 21 EU countries, the spread or standard deviation (SD) was 527, rising to 608 in 2025. An increasing SD reflects larger disparities, but the change is moderate, not significant. 

However, the max/min ratio saw a remarkable decline during this period. In 2015, the highest minimum wage in the EU was 10.4 times the lowest, but by 2025, this gap had narrowed to 4.8. The rapid wage increases in Eastern Europe contributed to balancing disparities.

Minimum wage rankings in PPS

As of January 2025, minimum wages adjusted for Purchasing Power Standards (PPS) ranged from 878 in Estonia to 1,992 in Germany among EU countries. Albania recorded the lowest figure at 564 among candidate countries with available data. 

Minimum wage disparities in PPS narrowed between 2015 and 2025. Among the 21 EU countries, the standard deviation saw a very slight decline from 359 to 356, meaning a minor reduction in wage inequality.

The decrease was stronger in the max/min ratio. In 2015, the highest minimum wage in PPS terms was 4.1 times greater than the lowest. By 2025, this difference had fallen to 2.1, indicating a more even wage distribution. 

Among the 26 countries, including both EU members and candidates, Romania saw the most significant improvement in PPS terms, climbing from 24th to 10th place. Similarly, Lithuania made notable progress, moving up from 21st to 12th place.

Malta experienced the biggest decline, dropping nine places from 8th to 17th, marking the worst ranking change. Greece and Estonia also saw declines, each falling five places in the rankings.

EU Minimum Wage Directive

Austria, Denmark, Finland, Italy, and Sweden do not have a national minimum wage. To improve living standards, the EU Minimum Wage Directive, adopted in October 2022, aims to establish a framework for ensuring adequate minimum wage levels across member states.

However, as of October 2024, the majority of EU member states have yet to begin the process of incorporating the Minimum Wage Directive into national law, according to the European Trade Union Confederation (ETUC). Only six member states have introduced legislation to implement the directive.

You Might Also Like

Starbucks union says 30 more US stores are joining week-old strike

Nvidia relief won't be enough to dispel tech-bubble angst

What’s causing the crypto sell-off, who is losing, and will it last?

How on earth has this FTSE 250 stock fallen 49% in a year?

VERIFACTU: The new invoicing reality every expat in Spain needs to understand

TAGGED: Business News
Share This Article
Facebook Twitter Copy Link
Previous Article Artificial Intelligence ‘Reshaping’ Organised Crime, Warns Europol
Next Article Rwanda cuts ties with Belgium over Congo conflict clash
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Starbucks union says 30 more US stores are joining week-old strike
Business
Kevin Spacey Then & Now: Pictures of the Actor Over the Years
Celebrity
Kirby Air Riders Just Dropped, And It Might Be 2025’s Sleeper Giant
Gaming News
Nillion (NIL) price crashes 50% after unauthorized market-maker sell-off
Crypto
Bitcoin Long-Term Holders Keep Offloading Bags As Market Weakness Persists
Crypto
Nvidia relief won't be enough to dispel tech-bubble angst
Business
Samsung Galaxy A36 Black Friday Deal Saves You £150
Tech News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Starbucks union says 30 more US stores are joining week-old strike

Investing £5 a day could help me build a second income of £329 a month!

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Starbucks union says 30 more US stores are joining week-old strike
November 20, 2025
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?