🇮🇹 Italy vs Greece 🇬🇷
Compare income tax, social contributions, VAT and take-home pay between Italy and Greece.
| Metric | 🇮🇹 Italy | 🇬🇷 Greece |
|---|---|---|
| Top income tax rate | 43% | 44% |
| Social contributions | 9.2% | 13.9% |
| Standard VAT | 22% | 24% |
| Take-home pay (typical salary) | 72.5% | 72.8% |
| Public holidays | 11 | 8 |
| Average monthly salary | €2,700 | €1,342 |
| Minimum wage (monthly) | — | €968 |
| Standard work week | 40 h/week | 40 h/week |
In a typical comparison, Italy has a top income tax rate of 43% and keeps about 72.5% of salary as take-home pay, while Greece has 44% and keeps 72.8%. The average monthly salary is about €2,700 in Italy and €1,342 in Greece.
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