Wages in Germany increased 1.30 percent in June of 2019 over the same month in the previous year. Wage Growth in Germany averaged 0.44 percent from 1992 until 2019, reaching an all time high of 6 percent in the third quarter of 1992 and a record low of -2.70 percent in the third quarter of 1997. source: Federal Statistical Office

Wage Growth in Germany is expected to be 1.40 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 1.70 in 12 months time. In the long-term, the Germany Real Wage Growth YoY is projected to trend around 1.90 percent in 2020, according to our econometric models.

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Germany Real Wage Growth YoY
Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.10 3.10 11.50 0.40 percent [+]
Employed Persons 45153.00 45122.00 45153.00 37643.00 Thousand [+]
Unemployed Persons 2180.00 2204.09 5288.25 84.97 Thousand [+]
Unemployment Change -16.00 5.00 264.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.20 1.30 6.30 1.20 percent [+]
Youth Unemployment Rate 5.80 5.80 15.90 5.70 percent [+]
Productivity 98.10 97.20 105.70 17.00 points [+]
Labour Costs 108.96 108.22 116.69 78.67 points [+]
Job Vacancies 736.32 764.00 891.70 57.80 Thousand [+]
Wages 3997.00 3932.00 3997.00 1832.00 EUR/Month [+]
Wage Growth 1.30 1.20 6.00 -2.70 percent [+]
Wages in Manufacturing 100.90 101.60 165.00 7.70 points [+]
Minimum Wages 9.19 8.84 9.19 8.50 EUR/Hour [+]
Population 82.85 82.52 82.85 72.54 Million [+]
Retirement Age Women 65.67 65.58 65.67 65.00 [+]
Retirement Age Men 65.67 65.58 65.67 65.00 [+]
Labor Force Participation Rate 61.60 61.50 61.80 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 [+]
Part Time Employment 11227.10 11035.40 11227.10 6330.60 Thousand [+]
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 [+]
Employment Change 0.10 0.10 0.90 -0.90 percent [+]
Employment Rate 76.50 76.30 76.50 63.60 percent [+]
Full Time Employment 29449.20 29781.60 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 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.20 6.00 -2.70 1992 - 2019 percent Quarterly
NSA, 2010=100




Country Last Previous
Argentina 2.63 Sep/19 2.78
Australia 2.20 Sep/19 2.3
Canada 4.00 Sep/19 2.6
Euro Area 2.70 Jun/19 2.7
France 0.50 Jun/19 0.8
Germany 1.30 Jun/19 1.2
Italy 0.60 Oct/19 0.8
Japan 0.50 Oct/19 0.5
Netherlands 2.67 Nov/19 2.58
Russia 3.10 Sep/19 2.4
Spain 4.02 Sep/19 6.72
Switzerland 0.50 Jun/19 0.5
United Kingdom 3.60 Sep/19 3.7
United States 4.89 Oct/19 4.65


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