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OECD says average salaries in Italy among lowest in Europe

Behind Spain, above Portugal, Greece

OECD says average salaries in Italy among lowest in Europe

Paris, March 26 - Italy has fallen behind Spain, Ireland and most of the largest European countries when it comes to average salaries, according to the latest ranking released Tuesday by the OECD. The Organization for Economic Cooperation and Development says the average salary in 2012 for a single Italian with no dependents was about $25,303US - the 23rd on its preliminary list contained in the report Taxing Wages. The full version of the report will be published May 10. That was lower than the OECD average of $28,090US, although higher than the Greek average of $21,529US and the average in Portugal of $19,838US. However, the Italian average was lower than that in Spain, at $27,526US; Ireland, $32,019US; France, $30,459US; Germany, $33,683US; and the UK $39,572 US. The average gross salary in Italy last year was $36,563US, slightly below the OECD average $38,131US.

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