The European Central Bank (ECB) reports that real wages in the eurozone have mostly recovered from their precipitous drop during the high-inflation period of 2022. Europeans can stretch their paychecks longer since nominal earnings have been increasing more quickly than prices. Because of this, real wages in the eurozone in early 2025 are comparable to those observed prior to the late 2021 inflation spike.
The cross-country salary reports for 2025, which are anticipated in early 2026, have not yet been provided by international organizations like the OECD. However, surveys can reveal trends in compensation.
Real earnings increased throughout Europe in 2025 in almost every country studied, according to the Employment Conditions Abroad (ECA) 2025–26 Salary Trends study. This trend is anticipated to continue into 2026.
According to the analysis, real salaries would increase in 23 of the 25 European nations surveyed by the end of 2025, but they will decrease in Romania (–0.9%) and Ukraine (–3.2%). The remaining countries have growth rates ranging from 5.1% in Turkey to 0.2% in Austria.
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