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Minimum Wage

Before counting gyros, we count earnings. Explore the wage used by the Index and the reconstruction from historical payroll worksheets.

Compare all years

Reconstruction under review

1986 · The wage calculation

Currently in the Index · monthly equivalent

115.74 €

Published calculation

Reconstruction · before tax, without subsidy

110.10 €

Difference from the published series: -5.64 €

Both amounts are annual equivalents divided by the months of the year, before personal income tax. This difference concerns payment timing, contribution rates and other deductions. The reconstruction has not replaced the Index.

From gross earnings to a monthly equivalent

We subtract contributions and other deductions from total annual gross earnings. We do not simply multiply the December wage. Missing values remain missing.

Annual payroll calculation
ComponentAnnual amount in eurosAmount provenance
Annual gross earnings1,533.65 €early-years-results.json/years/2/qualifiedScenario/grossGRD
Employee contributions before subsidy203.24 €early-years-results.json/years/2/qualifiedScenario/employeeContributionsGRD
Other payroll deductions9.21 €early-years-results.json/years/2/qualifiedScenario/employeeStampScenarioGRD
Annual before tax, without subsidy1,321.21 €Gross − contributions − other deductions

The subsidy is a separate scenario

Conditional contribution subsidy: 0.00 € annually · 0.00 € as a monthly equivalent.

It is excluded from the comparison above. Eligibility, calculation basis and receipt timing need verification. A receipt may relate to a previous year, as recorded in the detailed worksheet.

Ordinary earnings and bonuses

Calculated worksheet records, not observed payslips. Each original calculation retains its rounding convention. Currency conversion follows summation.

Annual amounts exist, but individual payments have not been transferred to the unified ledger. We do not create artificial monthly records.

Sources and calculation limits

Full-time private-sector employee, full year, without seniority increments. Insurance membership, historical bonus rules and leave follow the individual worksheets and still require consistent verification. Completeness indicators above measure recorded data and arithmetic agreement, not legal approval.

Reconstruction worksheet

early-years-results.json/years/2

Pinned code revision, with worksheet SHA-256 hashes in the JSON. A worksheet documents the calculation; it is not primary legislation.

Wage source used by the published series

Derivation with wage indexation (ATA) / ELSTAT CPI

Estimate obtained by deflating the 1989 wage backwards using the official annual indexation increases.

TEAM: Law 997/1979

PDF 1, 2, 3, 4

Documents phased supplementary-insurance admission. A consistent worker insurance-history assumption is required before adopting this reconstruction in the Index.

TEAM: Decree 995/1980

PDF 1, 2

Documents phased supplementary-insurance admission. A consistent worker insurance-history assumption is required before adopting this reconstruction in the Index.

TEAM: Decree 633/1982

PDF 1, 6

Documents phased supplementary-insurance admission. A consistent worker insurance-history assumption is required before adopting this reconstruction in the Index.

These are selected documents relevant to the year, not a claim of complete coverage of every rule. Exact assumptions and further evidence remain in the linked worksheet and research register.

Research coverage

51 years, 631 payments. Calculation without subsidy for 46 years.

Missing deduction breakdown for: 1976, 1977, 1978, 1979, 1981. No year is labelled ready to replace the published series here.

All-year comparison table
Before-tax monthly-equivalent comparison
YearPublishedReconstruction without subsidyDifferencePayment records
197613.71 €Not calculatedNot calculated0 · Incomplete dating
197715.77 €Not calculatedNot calculated0 · Incomplete dating
197819.32 €Not calculatedNot calculated0 · Incomplete dating
197922.22 €Not calculatedNot calculated0 · Incomplete dating
198026.38 €31.40 €5.02 €15 · All months
198136.38 €Not calculatedNot calculated0 · Incomplete dating
198255.84 €60.23 €4.39 €15 · Incomplete dating
198374.55 €67.26 €-7.29 €15 · Incomplete dating
198481.18 €84.45 €3.27 €0 · Incomplete dating
198595.97 €99.61 €3.64 €0 · Incomplete dating
1986115.74 €110.10 €-5.64 €0 · Incomplete dating
1987127.28 €121.55 €-5.73 €0 · Incomplete dating
1988144.41 €142.26 €-2.15 €15 · All months
1989164.64 €168.99 €4.35 €15 · All months
1990195.67 €197.46 €1.79 €15 · Incomplete dating
1991222.77 €224.16 €1.39 €15 · All months
1992240.73 €248.75 €8.02 €15 · Incomplete dating
1993272.93 €273.58 €0.65 €15 · All months
1994297.92 €307.57 €9.65 €15 · All months
1995329.28 €336.25 €6.97 €15 · All months
1996355.74 €362.31 €6.57 €15 · All months
1997385.14 €391.40 €6.26 €15 · All months
1998408.66 €412.32 €3.66 €15 · All months
1999424.34 €426.79 €2.45 €15 · All months
2000441.98 €444.76 €2.78 €15 · All months
2001456.68 €459.55 €2.87 €16 · All months
2002480.20 €487.41 €7.21 €15 · All months
2003509.60 €511.75 €2.15 €15 · All months
2004529.20 €539.03 €9.83 €15 · All months
2005560.56 €570.02 €9.46 €15 · All months
2006595.84 €605.04 €9.20 €15 · All months
2007613.48 €637.51 €24.03 €15 · All months
2008667.38 €677.16 €9.78 €15 · All months
2009686.98 €715.80 €28.82 €15 · All months
2010724.77 €728.01 €3.24 €15 · All months
2011724.77 €732.20 €7.43 €15 · All months
2012574.36 €590.06 €15.69 €15 · All months
2013574.36 €573.49 €-0.87 €15 · All months
2014574.36 €577.17 €2.81 €15 · All months
2015574.36 €580.36 €6.00 €15 · All months
2016574.36 €578.27 €3.91 €15 · All months
2017574.36 €576.93 €2.57 €15 · All months
2018574.36 €576.93 €2.57 €15 · All months
2019637.76 €636.52 €-1.24 €15 · All months
2020651.26 €643.69 €-7.57 €15 · All months
2021653.15 €654.16 €1.01 €15 · All months
2022716.46 €702.66 €-13.80 €15 · All months
2023783.78 €772.85 €-10.93 €15 · All months
2024834.03 €826.98 €-7.05 €15 · All months
2025884.27 €882.54 €-1.73 €15 · All months
2026*924.46 €923.81 €-0.65 €15 · All months

* Current-year projection

Take the calculation with you

payroll-before-tax-v2 · Baseline: 2026.09.12-payroll-review. Research exports are separate from the published Index series.