Page 60 - CEE Tax Guide 2025
P. 60

Wage levels in the CEE region











           The following graph provides insight into trends    The last chart demonstrates the net average wages
           concerning gross minimum wages and gross average    in the private sector adjusted by the Purchase Power
           wages in the private sector across the CEE region.   Parity (PPP) index .
                                                                               1
           Gross minimum wage and gross average wages in private sector (EUR)

            5K


            4K

            3K


            2K

            1K


            0K
             Uzbekistan Kazakhstan  Ukraine Kyrgyzstan  Moldova  Kosovo North Macedonia Montenegro  Bulgaria  Serbia BiH (RS)  Hungary  Latvia BiH (FBiH) Romania  Slovakia  Greece  Estonia  Croatia Lithuania  Poland  Slovenia Germany  Austria
                                    Albania
                                                                        Czech Republic


                  Minimum wage       Avarage wage (EUR)


           Net average wages in private sector adjusted by purchase power parity (PPP) index of 2023 (EUR)

            4K



            3K


            2K



            1K


            0K
                             Ukraine
                                                               Czech Republic
              Albania Uzbekistan Kyrgyzstan  Moldova North Macedonia  Greece Kazakhstan  Serbia BiH (FBiH)  BiH (RS) Slovakia  Latvia  Estonia  Montenegro  Bulgaria Romania Lithuania  Hungary  Croatia  Poland  Slovenia Germany  Austria



                  Net avarage wage  Net avarage wage adjust by PPP index


           1     The source of the PPP index was the website of World Bank where the latest data was from 2023: https://data.worldbank.org/indicator/
              PA.NUS.PRVT.PP?year=2023
              The net average wage in the private sector of the given country was divided by the PPP index; we considered this to be the average wage
              adjusted by the PPP index (in USD). As a final step, results were converted to EUR. The exchange rate of EUR/USD on January 2, 2025
              (1.12 EUR/USD) was used.

           Central and Eastern European tax guide 2025                                     Forvis Mazars    60
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