Wages in Greece decreased to 1060.45 EUR/Month in February from 1073.07 EUR/Month in January of 2018.

Wages in Greece averaged 1204.85 EUR/Month from 2002 until 2018, reaching an all time high of 1462.20 EUR/Month in August of 2011 and a record low of 939.14 EUR/Month in February of 2002. This page provides - Greece Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Greece Average Monthly Salary - values, historical data and charts - was last updated on October of 2020.

Wages in Greece is expected to be 1150.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Greece to stand at 1200.00 in 12 months time. In the long-term, the Greece Average Monthly Salary is projected to trend around 1200.00 EUR/Month in 2021, according to our econometric models.

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Greece Average Monthly Salary

Actual Previous Highest Lowest Dates Unit Frequency
1060.45 1073.07 1462.20 939.14 2002 - 2018 EUR/Month Monthly
NSA

Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 16.80 18.00 27.90 7.40 percent [+]
Employed Persons 3921.05 3815.24 4658.20 3438.10 Thousand [+]
Unemployed Persons 746.09 805.45 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 84.01 82.57 93.28 71.29 percent [+]
Long Term Unemployment Rate 11.00 11.40 19.90 3.60 percent [+]
Youth Unemployment Rate 37.80 39.30 59.80 20.20 percent [+]
Labour Costs 100.80 95.60 107.50 48.50 points [+]
Job Vacancies 5594.00 9617.00 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 114.80 108.10 114.80 79.30 points [+]
Employment Change -3.20 0.00 3.50 -3.20 percent [+]


Greece Average Monthly Salary
In Greece, the average monthly salary is benchmarked using wages in enterprises with 10 or more employees, including all salaried employees with full or part time employment.