Minimum relative to average wages of full-time workers in Greece
Greece: Minimum relative to average wages of full-time workers was 40.18 Percentage of average wage of full-time employees in 2025. ▼ Falling
Latest (2025)
40.18 Percentage of average wage of full-time employees
Change on year
up 2.8%
World rank
17th
of 23 countries
All-time high
61 Percentage of average wage of full-time employees
in 1970
All-time low
31.93 Percentage of average wage of full-time employees
in 2006
Years of data
64
1962–2025
Minimum relative to average wages of full-time workers in Greece, 1962–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of average wage of full-time employees.
Analysis
In 2025, minimum relative to average wages of full-time workers in Greece stood at 40.18 Percentage of average wage of full-time employees.
Compared with earlier readings it is up 2.8% on the previous year and up 11.7% over ten years.
Over the whole period, minimum relative to average wages of full-time workers in Greece peaked at 61 Percentage of average wage of full-time employees in 1970 and was at its lowest, 31.93 Percentage of average wage of full-time employees, in 2006.
That places Greece 17th out of 23 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Minimum relative to average wages of full-time workers in Greece, year by year
| Year | Percentage of average wage of full-time employees | Change |
|---|---|---|
| 1962 | 54.33 Percentage of average wage of full-time employees | — |
| 1963 | 56.33 Percentage of average wage of full-time employees | +3.7% |
| 1964 | 53.86 Percentage of average wage of full-time employees | -4.4% |
| 1965 | 47.12 Percentage of average wage of full-time employees | -12.5% |
| 1966 | 49.44 Percentage of average wage of full-time employees | +4.9% |
| 1967 | 49.6 Percentage of average wage of full-time employees | +0.3% |
| 1968 | 59.9 Percentage of average wage of full-time employees | +20.8% |
| 1969 | 51.67 Percentage of average wage of full-time employees | -13.7% |
| 1970 | 61 Percentage of average wage of full-time employees | +18.1% |
| 1971 | 58.62 Percentage of average wage of full-time employees | -3.9% |
| 1972 | 53.67 Percentage of average wage of full-time employees | -8.4% |
| 1973 | 53.65 Percentage of average wage of full-time employees | -0.0% |
| 1974 | 57.62 Percentage of average wage of full-time employees | +7.4% |
| 1975 | 54.44 Percentage of average wage of full-time employees | -5.5% |
| 1976 | 51.44 Percentage of average wage of full-time employees | -5.5% |
| 1977 | 49.46 Percentage of average wage of full-time employees | -3.8% |
| 1978 | 49.02 Percentage of average wage of full-time employees | -0.9% |
| 1979 | 46.85 Percentage of average wage of full-time employees | -4.4% |
| 1980 | 44.95 Percentage of average wage of full-time employees | -4.1% |
| 1981 | 43.64 Percentage of average wage of full-time employees | -2.9% |
| 1982 | 50.5 Percentage of average wage of full-time employees | +15.7% |
| 1983 | 48.62 Percentage of average wage of full-time employees | -3.7% |
| 1984 | 48.49 Percentage of average wage of full-time employees | -0.3% |
| 1985 | 47.7 Percentage of average wage of full-time employees | -1.6% |
| 1986 | 46.9 Percentage of average wage of full-time employees | -1.7% |
| 1987 | 47.24 Percentage of average wage of full-time employees | +0.7% |
| 1988 | 46.62 Percentage of average wage of full-time employees | -1.3% |
| 1989 | 45.84 Percentage of average wage of full-time employees | -1.7% |
| 1990 | 45.53 Percentage of average wage of full-time employees | -0.7% |
| 1991 | 44.14 Percentage of average wage of full-time employees | -3.0% |
| 1992 | 43.15 Percentage of average wage of full-time employees | -2.2% |
| 1993 | 43.67 Percentage of average wage of full-time employees | +1.2% |
| 1994 | 43.51 Percentage of average wage of full-time employees | -0.4% |
| 1995 | 42.05 Percentage of average wage of full-time employees | -3.3% |
| 1996 | 42.42 Percentage of average wage of full-time employees | +0.9% |
| 1997 | 42.61 Percentage of average wage of full-time employees | +0.5% |
| 1998 | 39.91 Percentage of average wage of full-time employees | -6.3% |
| 1999 | 39.58 Percentage of average wage of full-time employees | -0.8% |
| 2000 | 37.64 Percentage of average wage of full-time employees | -4.9% |
| 2001 | 36.48 Percentage of average wage of full-time employees | -3.1% |
| 2002 | 36.49 Percentage of average wage of full-time employees | +0.0% |
| 2003 | 32.61 Percentage of average wage of full-time employees | -10.6% |
| 2004 | 32.69 Percentage of average wage of full-time employees | +0.3% |
| 2005 | 34.08 Percentage of average wage of full-time employees | +4.2% |
| 2006 | 31.93 Percentage of average wage of full-time employees | -6.3% |
| 2007 | 32.54 Percentage of average wage of full-time employees | +1.9% |
| 2008 | 33.76 Percentage of average wage of full-time employees | +3.7% |
| 2009 | 33.89 Percentage of average wage of full-time employees | +0.4% |
| 2010 | 39.65 Percentage of average wage of full-time employees | +17.0% |
| 2011 | 41.4 Percentage of average wage of full-time employees | +4.4% |
| 2012 | 35 Percentage of average wage of full-time employees | -15.4% |
| 2013 | 36.92 Percentage of average wage of full-time employees | +5.5% |
| 2014 | 35.73 Percentage of average wage of full-time employees | -3.2% |
| 2015 | 35.97 Percentage of average wage of full-time employees | +0.6% |
| 2016 | 37.33 Percentage of average wage of full-time employees | +3.8% |
| 2017 | 36.96 Percentage of average wage of full-time employees | -1.0% |
| 2018 | 36.38 Percentage of average wage of full-time employees | -1.6% |
| 2019 | 40.1 Percentage of average wage of full-time employees | +10.2% |
| 2020 | 40.62 Percentage of average wage of full-time employees | +1.3% |
| 2021 | 39.97 Percentage of average wage of full-time employees | -1.6% |
| 2022 | 36.32 Percentage of average wage of full-time employees | -9.1% |
| 2023 | 37.79 Percentage of average wage of full-time employees | +4.1% |
| 2024 | 39.09 Percentage of average wage of full-time employees | +3.4% |
| 2025 | 40.18 Percentage of average wage of full-time employees | +2.8% |
Greece compared with similar countries
- Greece's 40.18 Percentage of average wage of full-time employees is below the median for high income countries, which is 42.96 Percentage of average wage of full-time employees, 94% of the median. (21 countries reporting)
- Greece's 40.18 Percentage of average wage of full-time employees is below the median for Europe & Central Asia, which is 42.94 Percentage of average wage of full-time employees, 94% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 52.78 Percentage of average wage of full-time employees | 47.12 Percentage of average wage of full-time employees | 59.9 Percentage of average wage of full-time employees | 8 |
| 1970s | 53.58 Percentage of average wage of full-time employees | 46.85 Percentage of average wage of full-time employees | 61 Percentage of average wage of full-time employees | 10 |
| 1980s | 47.05 Percentage of average wage of full-time employees | 43.64 Percentage of average wage of full-time employees | 50.5 Percentage of average wage of full-time employees | 10 |
| 1990s | 42.66 Percentage of average wage of full-time employees | 39.58 Percentage of average wage of full-time employees | 45.53 Percentage of average wage of full-time employees | 10 |
| 2000s | 34.21 Percentage of average wage of full-time employees | 31.93 Percentage of average wage of full-time employees | 37.64 Percentage of average wage of full-time employees | 10 |
| 2010s | 37.54 Percentage of average wage of full-time employees | 35 Percentage of average wage of full-time employees | 41.4 Percentage of average wage of full-time employees | 10 |
| 2020s | 38.99 Percentage of average wage of full-time employees | 36.32 Percentage of average wage of full-time employees | 40.62 Percentage of average wage of full-time employees | 6 |
Countries ranked near Greece
- 14 Belgium 42.94 Percentage of average wage of full-time employees compare
- 15 Portugal 42.64 Percentage of average wage of full-time employees compare
- 16 Japan 40.38 Percentage of average wage of full-time employees compare
- 18 Czechia 39.85 Percentage of average wage of full-time employees compare
- 19 Israel 39.68 Percentage of average wage of full-time employees compare
- 20 Bulgaria 38.92 Percentage of average wage of full-time employees compare
More work & labour data for Greece
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.6524 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6597 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6447 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.26 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.3231 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 8,753 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,228 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 3,061 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 3,215 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 6,276 1000 No (2100)
Frequently asked questions
- What is minimum relative to average wages of full-time workers in Greece?
- Minimum relative to average wages of full-time workers in Greece was 40.18 Percentage of average wage of full-time employees in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest minimum relative to average wages of full-time workers recorded in Greece?
- The highest recorded value was 61 Percentage of average wage of full-time employees in 1970.
- What is the lowest minimum relative to average wages of full-time workers recorded in Greece?
- The lowest recorded value was 31.93 Percentage of average wage of full-time employees in 2006.
- How does Greece rank for minimum relative to average wages of full-time workers?
- Greece ranks 17th out of 23 countries with data for 2025.
- Is minimum relative to average wages of full-time workers rising or falling in Greece?
- Over the last ten years it is up 11.7%. The long-run trend across the full record is falling.
- Where does this Greece data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Minimum relative to average wages of full-time workers. Statizoid updates them automatically from the source API.
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About this data
For cross-country comparisons, data on minimum wage levels are further supplemented with another measure of minimum wages relative to average wages, that is, the ratio of minimum wages to median earnings of full-time employees. Median rather than mean earnings provide a better basis for international comparisons as it accounts for differences in earnings dispersion across countries. However, while median of basic earnings of full-time workers - i.e. excluding overtime and bonus payments - are ideally, the preferred measure of average wages for international comparisons of minimum-to-median earnings, they are not available for a large number of countries. Minimum relative to mean earnings of full-time workers are also provided.