How does Greece rank for real minimum wages at constant prices — statutory minimum wages?

Greece ranks 15th out of 26 countries with data for 2025.

Is real minimum wages at constant prices — statutory minimum wages rising or falling in Greece?

Over the last ten years it is up 22.5%. The long-run trend across the full record is rising.

Where does this Greece data come from?

The figures come from Organisation for Economic Co-operation and Development, published as part of Real minimum wages at constant prices — Statutory minimum wages. Statizoid updates them automatically from the source API.

Real minimum wages at constant prices — Statutory minimum wages in Greece

Name: Real minimum wages at constant prices — Statutory minimum wages in Greece
Creator: Organisation for Economic Co-operation and Development
License: OECD Terms and Conditions (attribution required)

Greece: Real minimum wages at constant prices — Statutory minimum wages was 13,724 US dollars, exchange rate converted in 2025. ▲ Rising

Latest (2025)

13,724 US dollars, exchange rate converted

Change on year

up 3.5%

World rank

15th

of 26 countries

All-time high

14,224 US dollars, exchange rate converted

in 2009

All-time low

5,363 US dollars, exchange rate converted

in 1960

Years of data

1960–2025

Real minimum wages at constant prices — Statutory minimum wages in Greece, 1960–2025

Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.

Analysis

Greece recorded 13,724 US dollars, exchange rate converted for real minimum wages at constant prices — statutory minimum wages in 2025.

The figure is up 3.5% on the previous year and up 22.5% over ten years.

Over the whole period, real minimum wages at constant prices — statutory minimum wages in Greece peaked at 14,224 US dollars, exchange rate converted in 2009 and was at its lowest, 5,363 US dollars, exchange rate converted, in 1960.

Greece ranks 15th of 26 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 66 years of available data.

Real minimum wages at constant prices — Statutory minimum wages in Greece, year by year

Annual values for Real minimum wages at constant prices — Statutory minimum wages in Greece, 1960 to 2025.
Year	US dollars, exchange rate converted	Change
1960	5,363 US dollars, exchange rate converted	—
1961	5,579 US dollars, exchange rate converted	+4.0%
1962	5,918 US dollars, exchange rate converted	+6.1%
1963	5,952 US dollars, exchange rate converted	+0.6%
1964	6,641 US dollars, exchange rate converted	+11.6%
1965	6,434 US dollars, exchange rate converted	-3.1%
1966	7,190 US dollars, exchange rate converted	+11.7%
1967	8,152 US dollars, exchange rate converted	+13.4%
1968	8,601 US dollars, exchange rate converted	+5.5%
1969	9,257 US dollars, exchange rate converted	+7.6%
1970	9,216 US dollars, exchange rate converted	-0.4%
1971	9,062 US dollars, exchange rate converted	-1.7%
1972	9,291 US dollars, exchange rate converted	+2.5%
1973	9,187 US dollars, exchange rate converted	-1.1%
1974	9,682 US dollars, exchange rate converted	+5.4%
1975	10,289 US dollars, exchange rate converted	+6.3%
1976	10,826 US dollars, exchange rate converted	+5.2%
1977	11,168 US dollars, exchange rate converted	+3.2%
1978	12,058 US dollars, exchange rate converted	+8.0%
1979	11,910 US dollars, exchange rate converted	-1.2%
1980	11,168 US dollars, exchange rate converted	-6.2%
1981	11,052 US dollars, exchange rate converted	-1.0%
1982	13,573 US dollars, exchange rate converted	+22.8%
1983	13,012 US dollars, exchange rate converted	-4.1%
1984	13,857 US dollars, exchange rate converted	+6.5%
1985	13,707 US dollars, exchange rate converted	-1.1%
1986	12,352 US dollars, exchange rate converted	-9.9%
1987	11,690 US dollars, exchange rate converted	-5.4%
1988	12,073 US dollars, exchange rate converted	+3.3%
1989	12,619 US dollars, exchange rate converted	+4.5%
1990	12,419 US dollars, exchange rate converted	-1.6%
1991	11,753 US dollars, exchange rate converted	-5.4%
1992	11,296 US dollars, exchange rate converted	-3.9%
1993	11,045 US dollars, exchange rate converted	-2.2%
1994	11,222 US dollars, exchange rate converted	+1.6%
1995	11,273 US dollars, exchange rate converted	+0.5%
1996	11,231 US dollars, exchange rate converted	-0.4%
1997	11,501 US dollars, exchange rate converted	+2.4%
1998	11,573 US dollars, exchange rate converted	+0.6%
1999	11,676 US dollars, exchange rate converted	+0.9%
2000	11,796 US dollars, exchange rate converted	+1.0%
2001	11,791 US dollars, exchange rate converted	-0.0%
2002	11,984 US dollars, exchange rate converted	+1.6%
2003	12,168 US dollars, exchange rate converted	+1.5%
2004	12,432 US dollars, exchange rate converted	+2.2%
2005	12,673 US dollars, exchange rate converted	+1.9%
2006	13,039 US dollars, exchange rate converted	+2.9%
2007	13,352 US dollars, exchange rate converted	+2.4%
2008	13,615 US dollars, exchange rate converted	+2.0%
2009	14,224 US dollars, exchange rate converted	+4.5%
2010	13,823 US dollars, exchange rate converted	-2.8%
2011	13,485 US dollars, exchange rate converted	-2.4%
2012	11,127 US dollars, exchange rate converted	-17.5%
2013	10,861 US dollars, exchange rate converted	-2.4%
2014	11,005 US dollars, exchange rate converted	+1.3%
2015	11,200 US dollars, exchange rate converted	+1.8%
2016	11,293 US dollars, exchange rate converted	+0.8%
2017	11,168 US dollars, exchange rate converted	-1.1%
2018	11,098 US dollars, exchange rate converted	-0.6%
2019	12,176 US dollars, exchange rate converted	+9.7%
2020	12,433 US dollars, exchange rate converted	+2.1%
2021	12,282 US dollars, exchange rate converted	-1.2%
2022	12,000 US dollars, exchange rate converted	-2.3%
2023	12,713 US dollars, exchange rate converted	+5.9%
2024	13,254 US dollars, exchange rate converted	+4.2%
2025	13,724 US dollars, exchange rate converted	+3.5%

Greece compared with similar countries

Greece's 13,724 US dollars, exchange rate converted is below the median for high income countries, which is 16,905 US dollars, exchange rate converted, 81% of the median. (22 countries reporting)
Greece's 13,724 US dollars, exchange rate converted is below the median for Europe & Central Asia, which is 18,731 US dollars, exchange rate converted, 73% of the median. (13 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	6,909 US dollars, exchange rate converted	5,363 US dollars, exchange rate converted	9,257 US dollars, exchange rate converted	10
1970s	10,269 US dollars, exchange rate converted	9,062 US dollars, exchange rate converted	12,058 US dollars, exchange rate converted	10
1980s	12,510 US dollars, exchange rate converted	11,052 US dollars, exchange rate converted	13,857 US dollars, exchange rate converted	10
1990s	11,499 US dollars, exchange rate converted	11,045 US dollars, exchange rate converted	12,419 US dollars, exchange rate converted	10
2000s	12,707 US dollars, exchange rate converted	11,791 US dollars, exchange rate converted	14,224 US dollars, exchange rate converted	10
2010s	11,724 US dollars, exchange rate converted	10,861 US dollars, exchange rate converted	13,823 US dollars, exchange rate converted	10
2020s	12,734 US dollars, exchange rate converted	12,000 US dollars, exchange rate converted	13,724 US dollars, exchange rate converted	6

Countries ranked near Greece

12 United States 15,080 US dollars, exchange rate converted compare
13 Japan 14,892 US dollars, exchange rate converted compare
14 Portugal 13,763 US dollars, exchange rate converted compare
16 Malta 13,032 US dollars, exchange rate converted compare
17 Czechia 11,407 US dollars, exchange rate converted compare
18 Romania 10,871 US dollars, exchange rate converted compare

See the full ranking of 36 places →

More economy & growth data for Greece

Real gdp growth, annual growth rate -0.6708 % change on previous year (2025)
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
SDRs holdings, US dollar, annual growth rate 181.25 % change on previous year (2025)
SDRs holdings, US dollar, per unit of GDP 0.0108 units per US$ of GDP (2025)
SDRs holdings, US dollar, per capita 289.76 units per person (2025)
SDRs holdings, SDR, annual growth rate 167.82 % change on previous year (2025)
SDRs holdings, SDR, per unit of GDP 0.0079 units per US$ of GDP (2025)
SDRs holdings, SDR, per capita 211.58 units per person (2025)
IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)

All data for Greece →

Frequently asked questions

What is real minimum wages at constant prices — statutory minimum wages in Greece?: Real minimum wages at constant prices — statutory minimum wages in Greece was 13,724 US dollars, exchange rate converted in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest real minimum wages at constant prices — statutory minimum wages recorded in Greece?: The highest recorded value was 14,224 US dollars, exchange rate converted in 2009.
What is the lowest real minimum wages at constant prices — statutory minimum wages recorded in Greece?: The lowest recorded value was 5,363 US dollars, exchange rate converted in 1960.
How does Greece rank for real minimum wages at constant prices — statutory minimum wages?: Greece ranks 15th out of 26 countries with data for 2025.
Is real minimum wages at constant prices — statutory minimum wages rising or falling in Greece?: Over the last ten years it is up 22.5%. The long-run trend across the full record is rising.
Where does this Greece data come from?: The figures come from Organisation for Economic Co-operation and Development, published as part of Real minimum wages at constant prices — Statutory minimum wages. Statizoid updates them automatically from the source API.

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Real minimum wages at constant prices — Statutory minimum wages in Greece. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/real-minimum-wages-at-constant-prices-statutory-minimum-wages/greece/

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About this data

Indicator: Real minimum wages at constant prices — Statutory minimum wages
Unit: US dollars, exchange rate converted
Source: Organisation for Economic Co-operation and Development
Licence: OECD Terms and Conditions (attribution required)
Coverage: 36 places, 1,478 data points, 1960–2025
Last refreshed: 19 August 2026

Real minimum wages are statutory minimum wages converted into a common hourly and annual pay period for the 30 OECD countries and two other non-member countries for which they are available. Real hourly and annual minimum wages are calculated first by deflating the series using the consumer price index taking 2024 as the base year then converted into common currency units 1) US dollars (USD) and 2) USD using Purchasing Power Parities (PPPs) for private consumption expenditures in 2024.