Germany's 2024 Income Data Highlights Stark Wage Inequality
New figures reveal a €10,000 gap between median and average annual earnings, driven by high-income outliers.
- The median gross annual earnings for full-time employees in Germany in 2024 were €52,159, meaning half earned more and half earned less.
- Average annual earnings, including bonus payments, were notably higher at €62,235, inflated by the top 1% of earners.
- The top 1% of full-time employees earned €213,286 or more in 2024, significantly skewing income averages upward.
- At the lower end, the bottom 10% earned €32,526 or less, underscoring the income disparity across the workforce.
- The data, based on full-time employees working at least seven months and including bonuses, provides a detailed breakdown of income distribution and percentile thresholds.