Minimum wages in Greece stood at 831.83 EUR/Month in 2023. 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 713 x 14) / 12 = EUR 831.83. source: EUROSTAT
Minimum Wages in Greece averaged 703.37 EUR/Month from 1999 until 2023, reaching an all time high of 876.62 EUR/Month in the third quarter of 2011 and a record low of 505.06 EUR/Month in the first 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 February of 2023.