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.

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.

Germany Real Wage Growth YoY
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Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.00 3.10 11.50 0.40 percent [+]
Employed Persons 45089.00 45077.00 45131.00 37643.00 Thousand [+]
Unemployed Persons 2319.41 2275.46 5288.25 84.97 Thousand [+]
Unemployment Change 4.00 1.00 264.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.30 1.30 6.30 1.30 percent [+]
Youth Unemployment Rate 5.60 5.60 15.90 5.60 percent [+]
Productivity 99.10 98.80 105.70 17.00 Index Points [+]
Labour Costs 108.22 116.69 116.69 78.67 Index Points [+]
Job Vacancies 794.92 799.08 891.70 57.80 Thousand [+]
Wages 3932.00 3938.00 3938.00 1832.00 EUR/Month [+]
Wages in Manufacturing 102.70 117.70 186.60 7.70 Index Points [+]
Wage Growth 1.30 1.20 6.00 -2.70 percent [+]
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 61.50 61.80 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 [+]
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 11035.40 10915.80 11035.40 6330.60 Thousand [+]
Employment Change 0.10 0.30 0.90 -0.90 percent [+]
Employment Rate 76.30 76.50 76.50 63.60 percent [+]
Full Time Employment 29781.60 29985.00 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 September 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 2.60 Jun/19
Australia 2.30 Jun/19
Canada 2.50 Jun/19
Euro Area 2.70 Jun/19
France 0.80 Mar/19
Germany 1.30 Jun/19
Italy 0.70 Jul/19
Japan -0.30 Jul/19
Netherlands 2.68 Aug/19
Russia 3.00 Aug/19
Spain 4.92 Jul/19
Switzerland 0.50 Jun/19
United Kingdom 4.00 Jul/19
United States 5.20 Jul/19


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