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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

2013 · The wage calculation

Currently in the Index · monthly equivalent

574.36 €

Published calculation

Reconstruction · before tax, without subsidy

573.49 €

Difference from the published series: -0.87 €

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 earnings8,241.75 €payroll-2013-2016-results.json/years/0/grossNative
Employee contributions before subsidy1,359.85 €payroll-2013-2016-results.json/years/0/contributionsNative
Other payroll deductions0.00 €payroll-2013-2016-results.json/years/0/otherDeductionsNative
Annual before tax, without subsidy6,881.90 €Gross − contributions − other deductions

The subsidy is a separate scenario

Conditional contribution subsidy: 549.71 € annually · 45.81 € 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.

Ordinary earnings
7,032.96 € gross
Easter bonus
305.25 € gross
Leave allowance
293.04 € gross
Christmas bonus
610.50 € gross

Payment totals reconciled to the annual worksheet: Yes, across all recorded components.

The worksheet records all months. An accounting month or wage reference date does not establish the actual payment date or legal start of a wage period.

All payments and original units (15)

Amounts in EUR. Reference dates are preserved as recorded.

Individual payment records
Record / referenceGrossContributionsOther deductionsSubsidyWorksheet
Ordinary earningsJanuary586.0896.700.0039.09Record 1/years/0/payments/0
Ordinary earningsFebruary586.0896.700.0039.09Record 2/years/0/payments/1
Ordinary earningsMarch586.0896.700.0039.09Record 3/years/0/payments/2
Ordinary earningsApril586.0896.700.0039.09Record 4/years/0/payments/3
Ordinary earningsMay586.0896.700.0039.09Record 5/years/0/payments/4
Ordinary earningsJune586.0896.700.0039.09Record 6/years/0/payments/5
Ordinary earningsJuly586.0896.700.0039.09Record 7/years/0/payments/6
Ordinary earningsAugust586.0896.700.0039.09Record 8/years/0/payments/7
Ordinary earningsSeptember586.0896.700.0039.09Record 9/years/0/payments/8
Ordinary earningsOctober586.0896.700.0039.09Record 10/years/0/payments/9
Ordinary earningsNovember586.0896.700.0039.09Record 11/years/0/payments/10
Ordinary earningsDecember586.0896.700.0039.09Record 12/years/0/payments/11
Easter bonusMay305.2550.370.0020.36Record 13/years/0/payments/12
Leave allowanceAugust293.0448.350.0019.55Record 14/years/0/payments/13
Christmas bonusDecember610.50100.730.0040.72Record 15/years/0/payments/14

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

payroll-2013-2016-results.json/years/0

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

WSI Minimum Wage Database - Greece

Official series of the statutory monthly minimum wage (source: Ministry of Labour), 1994-2025.

Ministry of Labour: contribution history

PDF 3

Dated rates. Whether the reference worker belongs to the insurance package requires a separate check.

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.