Wage earners in Greece, along with those in Cyprus, have the lowest share of gross earnings allocated to taxes and other deductions among European Union member-states, according to Eurostat data.
In Greece, the proportion of gross earnings going to taxes and insurance deductions is 17% for a single person without children, compared with the EU average of 29.1%.
Leading countries in tax and insurance deductions include Romania (41.5% of earnings), Lithuania (39.1%), and Belgium (37.6%), all significantly higher than Greece’s rate.
When comparing net earnings rather than nominal ones, the average wage earner in Greece retains most of their gross earnings compared to their counterparts in most European countries.
In Greece, the share of gross earnings allocated to taxes and other deductions for two-income couples with two children is the same as for a single person without children, at 17%.
