Greece
Data verified August 2026 · Sources
Greece's $32,412 PPP-adjusted wage in 2025 sits 26.6% beneath its 2009 peak, the OECD set's widest gap, with consumer prices at 54.7 on the US=100 scale.
Greece at a Glance
1Y Change
−0.3%
5Y Change
−0.3%
10Y Change
−6.0%
Historical Peak
$44,174 2009
Change From Peak
−26.6%
Overall Price Level
54.7
Greece’s Wage Story
Follow how PPP-adjusted average annual wages have changed in Greece using constant-price OECD data.
USD PPP, constant prices · missing years shown as gaps, never interpolated
Ten Years Ago
$34,495 (2015)
Historical Peak
$44,174 2009
Latest Wage
$32,412 2025
Data Coverage
Wage history: 1995–2025
Reported observations: 31
Missing wage years: None
Latest price data: 2024 · 8 of 8 categories available
The Deepest Peak Gap in the OECD
Greek wages show −6.0% over ten years, −0.3% across five, and −0.3% in the latest year. At $32,412 in 2025 the level is 26.6% below the 2009 peak of $44,174 — by far the widest peak gap in the OECD, reflecting the depth and duration of the adjustment that followed the financial crisis. The 2015 reading of $34,495 shows the decade began partway down that slope rather than at its top. A stabilization at this altitude is still far below where the series once stood, and the chart keeps that whole arc in view.
A Slide That Has Stopped but Not Reversed
Greece's wage history is defined by a severe adjustment period followed by gradual recovery, and the figures bear that out: the −6.0% decade change shows the tail of the crisis, while the near-flat −0.3% five-year figure suggests the slide has essentially stopped. The latest year's −0.3% is not growth, but it is close to stillness — a tentative stabilization after a 26.6% fall from the high. No other series in this set carries a gap of this size.
Prices Far Under the U.S. Line
Greece's overall price level for 2024 registers 54.7, some 45.3 index points below the US benchmark. As an index standing it carries no euro amount; it locates the country on the shared scale next to the deep wage adjustment, never inside it. Greece's wage series starts in 1995 with 31 observations.
Greece’s Everyday Price Profile
Compare eight consumer price categories in Greece with the United States reference value of 100.
Overall
Food
Clothing
Housing
Health
Transport
Recreation
Restaurants & Accommodation
What Stands Out
Highest: Transport
Transport has the highest relative price level of the 8 reported categories in 2024, at 93.4 against the United States reference of 100. That is −6.6 index points from the benchmark and 2.3 points ahead of the next category, Food at 91.1.
Lowest: Health
Health is the lowest of the reported categories in 2024 at 38.1, −61.9 index points against the United States benchmark of 100. The spread between the highest and lowest reported categories is 55.3 index points, which shows how uneven the 2024 price profile is across categories.
Overall vs United States
The overall price level for 2024 is 54.7, below the United States benchmark (−45.3 index points). Looking across the profile, all 8 reported categories read below 100, so the overall figure summarizes a spread of category positions rather than a uniform level.
Compare Greece
Choose another OECD economy to compare wages, historical changes and all eight consumer price categories.
Frequently Asked Questions About Greece
What is the average annual wage in Greece?
Greece's 2025 average wage is $32,412. The level remains far below its 2009 peak.
How has the average wage changed in Greece?
The decade change is -6.0%, the five-year figure -0.3%, and the latest-year change -0.3%. The near-flat recent figures suggest stabilization after a long decline. Every horizon uses precise target years.
What are consumer price levels like in Greece?
Greece's overall consumer price index is 54.7 for 2024, below the US at 100. That is a relative index standing, not a dollar amount or inflation rate.
How far is Greece's wage from its peak?
Greece's 2025 wage of $32,412 is 26.6% beneath the 2009 high of $44,174 — the widest peak gap in the OECD set. The near-flat -0.3% latest-year change suggests the long slide may finally be ending.