Central Banks

Lagarde Was Paid Almost €600,000 as ECB President Last Year

Christine Lagarde

Photographer: Alex Kraus/Bloomberg

Christine Lagarde received compensation of €595,000 ($701,830) in 2025 as European Central Bank president — in addition to a residence provided by the institution.

Her basic salary amounted to €492,204 — 5.6% higher than the previous year, according to the ECB’s annual accounts, which were published Thursday. On top of that, she received 21% — or €103,362 — as representation allowance.