Wages in Germany increased to 4033 EUR/Month in the fourth quarter of 2020 from 3978 EUR/Month in the third quarter of 2020. source: Federal Statistical Office

Wages in Germany averaged 3276.08 EUR/Month from 1991 until 2020, reaching an all time high of 4035 EUR/Month in the fourth quarter of 2019 and a record low of 1832 EUR/Month in the fourth quarter of 1991. This page provides the latest reported value for - Germany Average Gross Monthly Earnings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Average Gross Monthly Earnings - values, historical data and charts - was last updated on June of 2021.

Wages in Germany is expected to be 4065.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Germany to stand at 4093.00 in 12 months time. In the long-term, the Germany Average Gross Monthly Earnings is projected to trend around 4208.00 EUR/Month in 2022 and 4284.00 EUR/Month in 2023, according to our econometric models.

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Germany Average Gross Monthly Earnings

Actual Previous Highest Lowest Dates Unit Frequency
4033.00 3978.00 4035.00 1832.00 1991 - 2020 EUR/Month Quarterly

Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 4.50 11.50 0.40 percent [+]
Employed Persons 44495.00 44481.00 45228.00 37716.00 Thousand [+]
Unemployed Persons 2687.19 2771.23 5288.25 84.97 Thousand [+]
Unemployment Change -15.00 8.00 363.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.10 1.20 6.30 1.10 percent [+]
Youth Unemployment Rate 6.00 6.00 15.90 5.60 percent [+]
Labour Costs 113.82 111.92 117.29 71.06 points [+]
Productivity 98.60 97.30 105.90 17.00 points [+]
Job Vacancies 653.58 628.56 891.70 57.80 Thousand [+]
Wages 4033.00 3978.00 4035.00 1832.00 EUR/Month [+]
Wages in Manufacturing 102.20 102.20 167.80 7.70 points [+]
Wage Growth 0.40 -1.30 6.00 -4.70 percent [+]
Minimum Wages 9.50 9.35 9.50 8.50 EUR/Hour [+]
Population 83.17 83.02 83.17 72.54 Million [+]
Retirement Age Women 65.83 65.75 65.83 65.00 [+]
Retirement Age Men 65.83 65.75 65.83 65.00 [+]
Labor Force Participation Rate 62.60 62.00 62.60 56.90 percent [+]
Part Time Employment 11138.90 11230.10 11230.90 6330.60 Thousand [+]
Employment Change 0.00 -0.20 0.90 -1.50 percent [+]
Employment Rate 76.70 76.10 77.00 63.60 percent [+]
Full Time Employment 30459.60 29922.00 30459.60 26748.40 Thousand [+]