Salaries in Ukraine are 7 times lower than European: Eurostat data.

According to inkorr.com: In Ukraine, salaries continue to be recorded at 7 times lower than in the countries of the European Union. According to Eurostat data, in 2024 the average annual income in the EU was about 40 thousand euros, which is 5.2% more compared to the previous year (37.8 thousand euros).

Leaders in earnings

The highest salaries are recorded in Luxembourg - 83 thousand euros per year. It is followed by Denmark with 71.6 thousand euros and Ireland with 61.1 thousand euros.

Outsiders in salary race

The lowest incomes are in Bulgaria - 15.4 thousand euros per year. It is followed by Greece with 18 thousand euros and Hungary with 18.5 thousand euros. The average salary in Poland is approximately 21.25 thousand euros.

Ukrainian reality

As of the end of 2024, the average salary in Ukraine increased by 23.1% and reached 21,473 hryvnias per month. Converted to euros, this is about 494 euros per month or 5.9 thousand euros per year, which is almost seven times less than in the EU.

An expert previously spoke about the disaster in the labor market of Ukraine.

Ukrainians continue to earn significantly less than Europeans, which reflects the level of economic development and the difference in living standards between Ukraine and EU countries. To bridge this gap, measures need to be taken to improve the efficiency and competitiveness of the Ukrainian economy.