Wages in Germany decreased 2 percent in March of 2021 over the same month in the previous year. source: Federal Statistical Office

Wage Growth in Germany averaged 0.37 percent from 1992 until 2021, reaching an all time high of 6 percent in the third quarter of 1992 and a record low of -4.70 percent in the second quarter of 2020. This page provides the latest reported value for - Germany Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Real Wage Growth YoY - values, historical data and charts - was last updated on August of 2021.

Wage Growth in Germany is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Germany to stand at 1.60 in 12 months time. In the long-term, the Germany Real Wage Growth YoY is projected to trend around 2.30 percent in 2022 and 1.80 percent in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Germany Real Wage Growth YoY

Actual Previous Highest Lowest Dates Unit Frequency
-2.00 0.40 6.00 -4.70 1992 - 2021 percent Quarterly
NSA, 2010=100