Wages in Switzerland increased to 6260 CHF/Month in 2017 from 6235 CHF/Month in 2016. Wages in Switzerland averaged 5737.80 CHF/Month from 1998 until 2017, reaching an all time high of 6260 CHF/Month in 2017 and a record low of 5082 CHF/Month in 1998.

Wages in Switzerland is expected to be 6270.00 CHF/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Gross Monthly Wage in the Private Sector is projected to trend around 6370.00 CHF/Month in 2020, according to our econometric models.

Switzerland Gross Monthly Wage in the Private Sector
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Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.40 2.40 5.70 1.50 percent [+]
Employed Persons 5046.00 5025.00 5063.00 3242.00 Thousand [+]
Unemployed Persons 107315.00 106586.00 206291.00 26.00 [+]
Productivity 104.72 102.90 104.72 77.83 Index Points [+]
Job Vacancies 31446.00 33132.00 33132.00 6062.00 [+]
Wages 6260.00 6235.00 6260.00 5082.00 CHF/Month [+]
Wages in Manufacturing 113.10 113.20 113.20 100.00 Index Points [+]
Population 8.48 8.42 8.48 5.30 Million [+]
Retirement Age Women 64.00 64.00 64.00 63.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wage Growth 0.80 0.80 7.80 0.10 percent [+]
Youth Unemployment Rate 2.40 2.50 5.70 1.40 percent [+]
Job Offers 73674.00 70628.00 78215.00 29043.00 [+]
Labor Force Participation Rate 68.40 68.40 68.80 66.80 percent [+]
Long Term Unemployment Rate 1.80 1.90 2.00 1.40 percent [+]
Non Farm Payrolls 5048.00 4961.00 5048.00 3841.00 Thousand [+]
Part Time Employment 1699.40 1649.50 1699.40 1064.50 Thousand [+]
Employment Change 0.30 0.30 1.20 -0.60 percent [+]
Employment Rate 79.90 79.40 81.30 76.90 percent [+]
Full Time Employment 2776.40 2798.30 2839.10 2628.90 Thousand [+]


Switzerland Gross Monthly Wage in the Private Sector

In Switzerland, wages refer to the gross monthly salary in private sector, including employee social security contributions, benefits in kind, regularly paid bonuses, share of turnover or commissions plus hardship allowances for shift, night and Sunday work, 1/12 of 13th month salary and 1/12 of special annual payments. Family and child benefits are not included in the calculation. This page provides - Switzerland Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Gross Monthly Wage in the Private Sector - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6260.00 6235.00 6260.00 5082.00 1998 - 2017 CHF/Month Yearly




Country Last
Argentina 31437.00 Aug/18
Australia 1207.40 Jun/18
Brazil 2222.00 Sep/18
Canada 24.87 Aug/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3875.00 Jun/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 302743.00 Sep/18
Mexico 351.80 Sep/18
Russia 42000.00 Oct/18
Singapore 5119.00 Jun/18
South Africa 20176.00 Jun/18
South Korea 3457189.00 Jun/18
Spain 1951.81 Jun/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 524.00 Sep/18
United States 22.89 Oct/18


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