German real wages rose 0.5 percent year-on-year in the second quarter of 2018, easing from a 1.1 percent advance in the previous period. Nominal wages increased 2.5 percent from April to June (vs 2.7 percent in Q1) and inflation went up to 2 percent (vs 1.6 percent in Q1). Wage Growth in Germany averaged 0.81 percent from 2006 until 2018, reaching an all time high of 2.70 percent in the second quarter of 2015 and a record low of -1.40 percent in the fourth quarter of 2007.

Wage Growth in Germany is expected to be 1.20 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 1.50 in 12 months time. In the long-term, the Germany Real Wage Growth YoY is projected to trend around 1.80 percent in 2020, according to our econometric models.

Germany Real Wage Growth YoY
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Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.40 11.50 0.40 percent [+]
Employed Persons 44852.00 44814.00 44852.00 37643.00 Thousand [+]
Unemployed Persons 2186.11 2203.85 5288.25 84.97 Thousand [+]
Unemployment Change -16.00 -12.00 264.00 -97.00 Thousand [+]
Long Term Unemployment Rate 1.40 1.50 6.30 1.40 percent [+]
Youth Unemployment Rate 6.20 6.30 15.90 5.70 percent [+]
Productivity 101.20 101.30 105.60 17.00 Index Points [+]
Labour Costs 115.29 113.18 115.29 78.63 Index Points [+]
Job Vacancies 807.03 653.62 891.70 57.80 Thousand [+]
Wages 3875.00 3808.00 3875.00 1832.00 EUR/Month [+]
Wages in Manufacturing 114.20 114.20 177.00 7.70 Index Points [+]
Wage Growth 0.50 1.10 2.70 -1.40 percent [+]
Minimum Wages 8.84 8.84 8.84 8.50 EUR/Hour [+]
Population 82.85 82.52 82.85 72.54 Million [+]
Retirement Age Women 65.58 65.50 65.58 65.00 [+]
Retirement Age Men 65.58 65.50 65.58 65.00 [+]
Labor Force Participation Rate 60.90 61.00 61.70 56.90 percent [+]
Living Wage Family 1990.00 1960.00 1990.00 1770.00 EUR/Month [+]
Living Wage Individual 1240.00 1210.00 1240.00 1060.00 EUR/Month [+]
Wages Low Skilled 2050.00 2100.00 2100.00 1950.00 EUR/Month [+]
Wages High Skilled 3550.00 3550.00 3550.00 3400.00 EUR/Month [+]
Part Time Employment 10897.10 10845.70 10992.70 6330.60 Thousand [+]
Employment Change 0.20 0.50 1.00 -0.80 percent [+]
Employment Rate 75.40 75.40 76.00 63.60 percent [+]
Full Time Employment 29382.30 29620.60 30031.60 26748.40 Thousand [+]


Germany Real Wage Growth YoY

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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 1.10 2.70 -1.40 2006 - 2018 percent Quarterly
NSA, 2010=100




Country Last Previous
Argentina 2.34 Sep/18
Australia 2.30 Sep/18
Euro Area 2.40 Sep/18
France 0.40 Jun/18
Germany 0.50 Jun/18
Italy 1.80 Oct/18
Japan 1.50 Oct/18
Netherlands 2.27 Nov/18
Russia 4.40 Oct/18
Switzerland 0.80 Jun/18
United Kingdom 3.30 Oct/18
United States 4.60 Sep/18


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