63.1 %
1,355 USD
General government debt (GDP, 2021)
Long-term interest rates
(10Y government bonds)
Average inflation rate (2021)
Labour productivity (index, 2021)
Unemployment rate (avg. 2021)
Average nominal gross wage (12/2021)
1.87 %
0.88
A+
2.83 %
117.75
6.4 %
7.80%
GDP growth (constant prices, 2020)
-4.8 %
1,331 EUR
Average nominal monthly gross wage
(2021)
Average nominal monthly gross wage
(2021)
Exchange rate - EUR/USD (31/12/2021)
Credit rating (S&P, 2021)
40 hours / week
25 %
Maximum Working Hours
Maximum Overtime Hours
Compensation for Overtime / Holiday Work
Minimum Number of Paid Holidays
Sick Days
Maternity Leave
Municipal tax
Parental Leave
Social Security (Companies)
Notice Period
Social Security (Employees)
Probation Period
Labour Union
(Proportion of Employee/Collective Bargaining Coverage)
8 hours / week,
100 hours / year
20%
At least 25% plus
22 days, 25 days (above age of 33)
Until 3 years old
35.2 %
At least 1 month
13.4 %
3 months
17 % / 35 %
Sickness insurance
34 weeks, 37 weeks, 47 weeks
Minimum Wage (2022)
646 EUR / month
21 %
Corporate Tax
Income Tax
Value Added Tax (VAT)
OtherTax:
Tax license
Motor vehicle tax
Source: World Atlas, Trading Economics, Eurostat, World Bank, Inflation EU, Exchange Rate ORG