Wages in Italy decreased to 2333 EUR/Month in 2020 from 2502 EUR/Month in 2019. source: OECD

Wages in Italy averaged 1977.52 EUR/Month from 1990 until 2020, reaching an all time high of 2502 EUR/Month in 2019 and a record low of 1176 EUR/Month in 1990. This page provides the latest reported value for - Italy Average Nominal Monthly Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Average Nominal Monthly Wages - values, historical data and charts - was last updated on July of 2021.

Wages in Italy is expected to reach 2359.00 EUR/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Average Nominal Monthly Wages is projected to trend around 2392.00 EUR/Month in 2022 and 2430.00 EUR/Month in 2023, according to our econometric models.

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Italy Average Nominal Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
2333.00 2502.00 2502.00 1176.00 1990 - 2020 EUR/Month Yearly
Current Prices, NSA

Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.50 10.70 13.30 5.90 percent [+]
Employed Persons 22427.04 22344.23 23461.96 21915.07 Thousand [+]
Unemployed Persons 2620.30 2669.92 3374.68 1418.03 Thousand [+]
Part Time Employment 35061.53 34901.68 37249.12 19609.13 Hundreds Person [+]
Full Time Employment 143060.67 142891.60 148487.11 132977.43 Hundreds Person [+]
Employment Rate 57.20 57.00 59.30 54.80 percent [+]
Labor Force Participation Rate 63.80 63.50 66.00 61.20 percent [+]
Long Term Unemployment Rate 5.50 5.10 8.00 2.60 percent [+]
Youth Unemployment Rate 31.70 32.80 43.40 19.50 percent [+]
Labour Costs 113.10 108.70 119.40 44.50 points [+]
Productivity 104.90 104.60 108.50 24.50 points [+]
Wages 2333.00 2502.00 2502.00 1176.00 EUR/Month [+]
Wages in Manufacturing 103.90 103.80 103.90 2.00 points [+]
Wage Growth 0.50 0.60 15.80 0.30 percent [+]
Population 59.64 59.82 60.80 50.03 Million [+]
Retirement Age Women 67.00 67.00 67.00 59.00 [+]
Retirement Age Men 67.00 67.00 67.00 59.00 [+]
Employment Change -0.90 0.30 1.30 -2.50 percent [+]