
In 2026, average monthly salaries in Europe vary a lot by region. Western and Northern European countries pay the most, while salaries in Eastern and Southeastern Europe are much lower.
Luxembourg leads with the highest average gross monthly salary, about 7000 euros, thanks to its strong financial sector. Switzerland, Denmark, and Norway also offer high salaries.
In contrast, Eastern European countries and non-EU nations such as Ukraine and Moldova have much lower salaries, often below 1000 euros.
These differences come from factors like economic development, productivity, industry focus, and how connected countries are to global markets. The table shows how geography and history shape income levels across Europe.
A Closer Look at the Table and Key Factors
| Rank | Region name | EUR, gross monthly |
|---|---|---|
| 1 | Luxembourg | 7000 |
| 2 | Switzerland | 6800 |
| 3 | Denmark | 6000 |
| 4 | Norway | 5500 |
| 5 | Iceland | 5200 |
| 6 | Ireland | 5100 |
| 7 | Belgium | 4800 |
| 8 | Austria | 4700 |
| 9 | Netherlands | 4600 |
| 10 | Germany | 4500 |
| 11 | Sweden | 4400 |
| 12 | Finland | 4300 |
| 13 | France | 4000 |
| 14 | United Kingdom | 3800 |
| 15 | Italy | 3200 |
| 16 | Spain | 3000 |
| 17 | Cyprus | 2800 |
| 18 | Malta | 2600 |
| 19 | Slovenia | 2400 |
| 20 | Czech Republic | 2200 |
| 21 | Portugal | 2100 |
| 22 | Estonia | 2000 |
| 23 | Lithuania | 1900 |
| 24 | Latvia | 1800 |
| 25 | Poland | 1700 |
| 26 | Slovakia | 1600 |
| 27 | Hungary | 1500 |
| 28 | Croatia | 1400 |
| 29 | Greece | 1300 |
| 30 | Romania | 1200 |
| 31 | Bulgaria | 1100 |
| 32 | Serbia | 900 |
| 33 | Montenegro | 850 |
| 34 | North Macedonia | 800 |
| 35 | Bosnia and Herzegovina | 750 |
| 36 | Russia | 1200 |
| 37 | Belarus | 700 |
| 38 | Albania | 650 |
| 39 | Moldova | 600 |
| 40 | Ukraine | 550 |
| 41 | Kosovo | 500 |
Western European countries lead the list because their economies are advanced, with high productivity and strong finance, technology, and manufacturing sectors.
Luxembourg stands out with the highest average salary, about 7000 euros gross per month. Its banking and investment sectors attract skilled workers and generate significant economic value. The small population and presence of many multinational companies also help raise wages.
Switzerland comes next, with strong pharmaceutical, precision engineering, and financial industries. Its neutral politics and focus on innovation help keep salaries high, at about 6800 euros.
Nordic countries such as Denmark, Norway, and Iceland also have high salaries. They benefit from natural resources and social policies that support workers.
Norway uses its oil revenue and wealth funds to support strong welfare programs, which help keep wages high. Denmark and Iceland invest in education, promote equality, and have strong labor unions that secure good contracts for workers.
These countries invest heavily in education and training, so their workers are highly skilled and can earn higher wages.
Ireland attracts major tech companies with low corporate tax rates, creating jobs and raising average salaries to over 5000 euros.
Belgium, Austria, and the Netherlands benefit from their central location, strong trade networks, and diverse economies that include logistics, chemicals, and services. Their engineering skills and export strength help maintain high income levels, even with larger populations.
In Southern Europe, average earnings are moderate. Italy and Spain have salaries between 3000 and 3200 euros, mainly because tourism, agriculture, and manufacturing are their main industries, which have lower productivity than in the North. Regional differences slow growth, and Greece is still recovering from past crises, which keeps its numbers lower.
Eastern EU countries are developing quickly, but progress is uneven. The Czech Republic, Estonia, and Poland are rising in the rankings thanks to foreign investment in manufacturing and IT.
Being in the EU helps these countries get funding for infrastructure and join supply chains, which helps wages grow. But the legacy of central planning and starting from a lower economic base keep them from catching up to the West.
Bulgaria and Romania are still at the low end in the Bulgaria and Romania remain at the lower end in the EU. Their economies rely heavily on low-value agriculture and assembly work, which limits earnings.ce the biggest challenges. Serbia, Montenegro, and Albania struggle with political instability, corruption, and little foreign investment, so average earnings stay below 1000 euros.
Moldova and Ukraine face ongoing conflicts, unstable economies, and a loss of skilled workers. As a result, salaries are only 500 to 600 euros.
Russia has a higherRussia has a higher average salary due to energy exports, but sanctions and isolation limit growth. Belarus still has low earnings because its economy is state-controlled and lacks market reforms.ain reasons for these trends. Productivity is the biggest factor. High-value industries create more wealth per worker.
Cost of living affects what peoCost of living affects what people can actually buy with their wages, even if salaries seem high. Western countries invest in education and research, making their economies more innovative. from communism are growing fast, but problems like weak infrastructure and skilled workers leaving slow them down. EU members benefit from trade and financial support, but some countries are held back by conflicts.
In summary, the table gives an overview of Europe’s economy. Northern and Western regions succeed thanks to innovation and stability. Eastern and Southeastern regions are trying to catch up but face major challenges. Future growth will depend on steady investment, needed reforms, and maintaining peace.
Based on:
- Eurostat. (2025). Wages and labour costs – Statistics Explained. https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Wages_and_labour_costs




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