Nominal wages in Switzerland decreased 0.8 percent year-on-year in the second quarter of 2021. Data for Q1 and Q2 2020 are not available due to labor market disruptions caused by the COVID-19 pandemic. source: Swiss Federal Statistical Office
Wage Growth in Switzerland averaged 1.47 percent from 1991 until 2021, reaching an all time high of 7.80 percent in the second quarter of 1991 and a record low of -0.80 percent in the second quarter of 2021. This page provides - Switzerland Nominal Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Nominal Wage Growth - values, historical data and charts - was last updated on October of 2021.
Wage Growth in Switzerland is expected to be -0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Nominal Wage Growth is projected to trend around 1.60 percent in 2022 and 1.80 percent in 2023, according to our econometric models.