Germany Real Wage Growth YoY  2006-2018 | Data | Chart | Calendar

Real wages in Germany increased by 0.7 percent year-on-year in the third quarter of 2017, following a 1.2 percent gain in the previous period. Nominal wages rose by 2.5 percent (2.9 percent in Q2) while consumer prices went up by 1.8 percent (1.7 percent in Q2). Wage Growth in Germany averaged 0.81 percent from 2006 until 2017, 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.

Germany Real Wage Growth YoY
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Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.70 11.50 0.40 percent [+]
Employed Persons 44480.00 44380.00 44480.00 37643.00 Thousand [+]
Unemployed Persons 2570.31 2384.96 5288.25 84.97 Thousand [+]
Unemployment Change -25.00 -30.00 264.00 -97.00 Thousand [+]
Long Term Unemployment Rate 1.50 1.60 6.30 1.50 percent [+]
Youth Unemployment Rate 6.60 6.60 15.90 5.70 percent [+]
Productivity 107.50 108.90 108.90 17.00 Index Points [+]
Labour Costs 112.39 111.97 112.39 78.63 Index Points [+]
Job Vacancies 823.08 706.86 891.70 57.80 Thousand [+]
Wages 3779.00 3776.00 3779.00 1832.00 EUR/Month [+]
Wages in Manufacturing 177.00 110.60 177.00 7.70 Index Points [+]
Wage Growth 0.70 1.20 2.70 -1.40 percent [+]
Minimum Wages 8.84 8.84 8.84 8.50 EUR/Hour [+]
Population 82.80 82.18 82.80 72.54 Million [+]
Retirement Age Women 65.42 65.37 65.42 65.00 [+]
Retirement Age Men 65.42 65.37 65.42 65.00 [+]
Labor Force Participation Rate 61.50 60.90 61.50 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 10830.50 10824.70 10849.50 6330.60 Thousand [+]
Employment Change 0.30 0.30 1.00 -0.80 percent [+]
Employment Rate 75.60 74.80 75.60 63.60 percent [+]
Full Time Employment 30031.60 29343.50 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 1.20 2.70 -1.40 2006 - 2017 percent Quarterly
NSA, 2010=100




wage growth by Country
Country Last
Australia 2.00 Sep/17
Euro Area 1.60 Sep/17
France 0.30 Sep/17
Germany 0.70 Sep/17
Italy 0.70 Dec/17
Japan 0.70 Dec/17
Netherlands 1.74 Jan/18
Russia 4.60 Dec/17
Switzerland 0.50 Sep/17
United Kingdom 2.50 Nov/17
United States 4.47 Nov/17


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