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Home » Europe » What is the average salary in Belgium 2020?

What is the average salary in Belgium 2020?

December 14, 2021 by Bridget Gibson

What is the average salary in Belgium? The average wage in Belgium is €50,003 per year, €4,167 per month, or €24 per hour. Some of the cities with the highest salaries include Antwerp (€57,892), Gent (€56,809), and Charleroi (€54,949).

Contents

What is considered a good salary in Belgium?

A general salary in belgium per year is 25k / 30k in this range… there are earning lesser or more of course.. but if your income is 25k euroa year then your quiet in stable position if your focus in your own life with your bills, life cost and such and not just giving your money away to support other family members.

What is an average salary in Belgium?

Average salary in Belgium
According to data from the Average Salary Survey website, the average gross salary in Belgium is €61,357 a year. This is €37,923 after taxes. High paying jobs include the following: Company director: €129,150.

What is the average monthly salary in Belgium?

Belgium Average Monthly Salary data was reported at 3,758.000 EUR in 2019. This records an increase from the previous number of 3,627.000 EUR for 2018. Belgium Average Monthly Salary data is updated yearly, averaging 3,027.000 EUR from Sep 1999 to 2019, with 21 observations.

How much money do you need to live comfortably in Belgium?

Living costs in Belgium. Living costs in Belgium usually vary between 700 – 950 EUR/month. In big cities, you might need a larger budget, but this largely depends on accommodation type and your spending habits.

Why are salaries in Belgium so low?

Belgian workers receive a lower net salary than some others in Europe because of a high marginal taxation rate – 53.3% – which is applied to salaries as low as €38,830 (US$45,810), Deloitte says. But the recent income tax change was designed to enable low earners to keep a larger proportion of their gross salary.

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What is Belgium gross salary?

Generally your salary in Belgium is your monthly salary paid out 13.92 times per year. Therefore to get your gross annual salary, multiply your monthly salary by 13.92. Your personal allowance will be higher with children.

What is the salary increase in Belgium?

In the absence of an agreement between employer and employee representative organisations, the wage increase margin was set at 0.4% by Royal Decree of 30 July 2021. As a result, in the period 2021-2022, the average salary cost for each employer may be increased by a maximum of 0.4%.

What is a standard salary?

What Is the Average Average Salary by State

State Annual Salary Weekly Pay
South Carolina $63,020 $1,212
Mississippi $62,497 $1,202
Delaware $62,391 $1,200
California $62,356 $1,199

What is the hourly rate in Belgium?

What is the average salary in Belgium? The average wage in Belgium is €50,003 per year, €4,167 per month, or €24 per hour. Some of the cities with the highest salaries include Antwerp (€57,892), Gent (€56,809), and Charleroi (€54,949).

Is Belgium expensive to live?

Though the cost of living in Belgium is definitely high, it is nowhere near as expensive as some other western European countries. This guide will help you navigate living costs from healthcare and food to housing and transportation.

How much does a house cost in Belgium?

In 2021, a house in Belgium would cost approximately 281,700 euros.
Average price of a house in Belgium from 2013 to 2021 (in euros)

Characteristic Average price in euros
2019 262,196
2018 251,584
2017 240,451
2016 234,541
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How much does a car cost in Belgium?

As of 2017, a used car of three to five years old costs approximately 17,000 euros, whereas a car of five to ten years old costs roughly 6,000 euros less.
Average purchase price of used cars in Belgium in 2017, by age (in euros)*

Characteristic Average purchase price in euros
– –

Is Belgium cheaper than Germany?

Germany is 9.7% cheaper than Belgium.

Is Belgium a good country to live?

Belgium is a very family-friendly country to live in. It has good educational, healthcare, and cultural facilities in all the main cities. Belgium is generally quite a safe place to live. Brussels has many municipalities popular with young families and the city has some of the best international schools.

How much does it cost to employ someone in Belgium?

Since 2011, Belgium has consistently ranked first with the highest labor costs in the European Union with an employer cost of €2,52 per euro in an employee’s pocket (€2,34 if the VAT is excluded).

What is the salary tax in Belgium?

Income tax in Belgium

Belgian income tax bands Belgian tax rate
Up to €13,340 25%
€13,341–€23,720 40%
€23,721–€41,060 45%
€41,061+ 50%

What is good salary in Brussels?

The average salary in Brussels is 3642€ per month, as of April 2019. This is significantly more than Flanders (3257€) and Wallonia (3102€), the two other regions of Belgium. The dutch speaking part of Belgium (Flanders) is slightly wealthier than the French speaking part (Wallonia). More information here(in French).

How much tax is deducted from salary in Belgium?

For residents of Belgium, communal taxes are levied at rates varying from 0% to 9% of the income tax due. The average rate being 7%. For non-residents, a flat surcharge of 7% is due. In some cases, communal taxes may also be levied on exempted foreign-source income.

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What is the highest paying job in Belgium?

The highest paid Belgium are Executive Management & Change professionals at $126,000 annually. The lowest paid Belgium are Services, Tourism & Hospitality professionals at $36,000.

How much do Belgium make a year?

BELGIUM – SALARY

AVERAGE SALARY / YEAR €62,069 EUR $75,369 USD
MOST TYPICAL SALARY / YEAR €42,823 EUR $52,000 USD
Gross income Net (after tax)
Change Currency Change Country

Filed Under: Europe

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About Bridget Gibson

Bridget Gibson loves to explore the world. A wanderlust spirit, Bridget has journeyed to far-off places and experienced different cultures. She is always on the lookout for her next adventure, and she loves nothing more than discovering something new about life.

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