Purchasing power of statutory minimum wages in the CEE region 2023

Published by
Adriana Sas,
Mar 14, 2024
The highest purchasing power (PPS) of statutory minimum wages among Central and Eastern European countries in 2023 was recorded in Poland and Slovenia, exceeding seven PPS considering living costs. On the other hand, the lowest PPS was noted in Russia and Moldova.

Purchasing power standards (PPS) of statutory minimum wages in Central and Eastern European countries as of January 2023 (in PPS per hour)

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Release date

March 2023

Region

CEE

Survey time period

January 1, 2023

Supplementary notes

*Estimated, as the minimum wage is determined as net wage.
Converted to PPS on a euro basis using 2021 World Bank purchasing power parities for private consumption.

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