Minimum wages in Greece stood at 758.33 EUR/Month in 2020. Eurostat provides national minimum wages at monthly rates, meaning that, when the minimum wage is paid for more than 12 months per year, data is adjusted to take these payments into account. For instance, for Greece, where it is paid for 14 months a year, the minimum wage is calculated as follows: (EUR 650 x 14) / 12 = EUR 758.33.

Minimum Wages in Greece averaged 695.19 EUR/Month from 1999 until 2020, reaching an all time high of 876.62 EUR/Month in the fourth quarter of 2011 and a record low of 522 EUR/Month in the second quarter of 1999. This page provides the latest reported value for - Greece Minimum Monthly Wage - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Gross Minimum Monthly Wage - values, historical data and charts - was last updated on September of 2020.

Minimum Wages in Greece is expected to be 758.33 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Greece to stand at 758.33 in 12 months time. In the long-term, the Greece Gross Minimum Monthly Wage is projected to trend around 758.33 EUR/Month in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Greece Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
758.33 758.33 876.62 522.00 1999 - 2020 EUR/Month Quarterly

Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 18.30 17.30 27.90 7.40 percent [+]
Employed Persons 3815.24 3733.92 4658.20 3438.10 Thousand [+]
Unemployed Persons 805.45 761.47 1384.90 335.60 Thousand [+]
Part Time Employment 355.20 365.90 385.20 158.68 Thousand [+]
Full Time Employment 3488.80 3486.70 4383.59 3153.50 Thousand [+]
Employment Rate 82.57 83.06 93.28 71.29 percent [+]
Long Term Unemployment Rate 11.40 12.10 19.90 3.60 percent [+]
Youth Unemployment Rate 39.30 37.50 61.60 20.10 percent [+]
Labour Costs 100.80 95.00 107.50 48.50 points [+]
Job Vacancies 9617.00 10767.00 51613.00 2825.00 [+]
Minimum Wages 758.33 758.33 876.62 522.00 EUR/Month [+]
Population 10.72 10.74 11.12 8.30 Million [+]
Retirement Age Women 67.00 67.00 67.00 57.00 [+]
Retirement Age Men 67.00 67.00 67.00 57.00 [+]
Labor Force Participation Rate 50.80 50.60 53.70 50.60 percent [+]
Productivity 114.80 102.80 114.80 79.30 points [+]
Employment Change -3.20 0.00 3.50 -3.20 percent [+]


Greece Gross Minimum Monthly Wage
Eurostat provides national minimum wages at monthly rates, meaning that, when the minimum wage is paid for more than 12 months per year, data is adjusted to take these payments into account. For instance, for Greece, where it is paid for 14 months a year, the minimum wage is calculated as follows: (€650 x 14) / 12 = €758.33.