Calculate net take-home pay on the Greek minimum wage of 830 EUR per month gross (2024 rate). After EFKA 13.87% and income tax with 777 EUR tax credit.
Enter a monthly gross salary at or near the Greek minimum wage to see the full net pay calculation, including the resident tax credit that protects low earners.
Monthly net take-home
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Annual net
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EFKA deducted
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Income tax (after credit)
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Tax credit applied
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Your breakdown
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Greek minimum wage and net pay
The minimum wage (katotato misthos) in Greece is set by ministerial decision after consultation with the Supreme Labour Council. Full-time employees receive 830 EUR per month gross as the floor. The 14-month convention means the annual gross is 830 times 14 = 11,620 EUR. Net pay after EFKA (13.87%) and minimal income tax with the full 777 EUR credit is approximately 706 EUR per month under the 14-month convention.
How the tax credit protects minimum wage earners
The resident tax credit of up to 777 EUR is specifically designed to ensure that very low earners pay minimal income tax. On an 11,620 EUR annual gross with a taxable income just above 10,000 EUR, the raw income tax would be approximately 902 EUR. The 777 EUR credit reduces this to about 125 EUR for the year. This means the effective income tax rate is less than 1.1% of gross for a minimum wage worker, with the main deduction being EFKA social insurance.
Supplementary wages and the minimum wage
The Christmas bonus (1 month), Easter bonus (0.5 months), and summer allowance (0.5 months) are all mandatory and calculated on the monthly minimum wage. These totalling 2 additional months bring the annual gross to 14 times the monthly minimum. Both bonuses and the allowance are subject to EFKA and income tax like regular salary. The net annual figure (approximately 9,883 EUR) covers all 14 instalments.
Frequently asked questions
What is the minimum wage in Greece in 2026?
The Greek national minimum wage was set at 830 EUR per month gross for full-time employees in 2024 under a ministerial decision. It applies universally across all sectors for workers aged 25 and above. Workers under 25 may receive a lower rate (typically around 80% of the adult minimum wage, approximately 663 EUR per month). The minimum wage in Greece is reviewed periodically and has increased significantly since 2022 after being frozen during the debt crisis years. Confirmation of the 2026 rate should be checked via the Greek Ministry of Labour (ergassia.gov.gr), as annual adjustments are possible.
What is the net take-home on the minimum wage in Greece?
On 830 EUR per month gross, the annual gross (across 14 months) is approximately 11,620 EUR. EFKA at 13.87% amounts to about 1,612 EUR per year. Taxable income is approximately 10,008 EUR. Income tax at 9% on the first 10,000 EUR is 900 EUR, and the approximately 8 EUR above 10,000 EUR adds about 2 EUR at 22%. Raw tax: 902 EUR. Tax credit: 777 EUR (full credit as taxable income is just above 12,000 EUR threshold). Net income tax: about 125 EUR. Total deductions: about 1,737 EUR. Annual net: approximately 9,883 EUR. Monthly net (divided by 14): approximately 706 EUR.
Does a minimum wage worker in Greece pay income tax?
Yes, but very little. The resident tax credit of 777 EUR significantly reduces the income tax for minimum wage earners. On a gross salary of 11,620 EUR per year, the income tax after applying the tax credit is approximately 125 EUR per year, which is less than 1.1% of gross. The main deduction at the minimum wage level is EFKA (about 1,612 EUR per year, or 13.87% of gross). So the effective total deduction rate is around 15% of gross, leaving a net of about 85% of the minimum wage gross.
How does the Greek minimum wage compare to other EU countries?
The Greek minimum wage of 830 EUR per month (gross) is among the lower rates in the EU. Germany has a minimum wage above 2,000 EUR per month, France and the Netherlands are above 1,800 EUR, Spain is above 1,100 EUR, and Portugal is above 1,000 EUR. However, when adjusted for cost of living (purchasing power parity), the gap narrows somewhat. Eastern European EU members such as Bulgaria and Romania have lower minimum wages than Greece in nominal terms. The Greek minimum wage has been rising since 2022 as part of government efforts to address in-work poverty.