Wages In the Euro Area increased to 1887 EUR/Month in the third quarter of 2019 from 1869 EUR/Month in the second quarter of 2019.

Wages in the Euro Area averaged 1528.05 EUR/Month from 1999 until 2019, reaching an all time high of 1887 EUR/Month in the third quarter of 2019 and a record low of 1176 EUR/Month in the first quarter of 1999. This page provides the latest reported value for - Euro Area Average Monthly wage per person - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Average Monthly Wage Per Worker - values, historical data and charts - was last updated on June of 2020. source: Eurostat

Wages in Euro Area is expected to be 1916.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Euro Area to stand at 1932.00 in 12 months time. In the long-term, the Euro Area Average Monthly Wage Per Worker is projected to trend around 1983.00 EUR/Month in 2021 and 2034.00 EUR/Month in 2022, according to our econometric models.

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Euro Area Average Monthly Wage Per Worker

Actual Previous Highest Lowest Dates Unit Frequency
1887.00 1869.00 1887.00 1176.00 1999 - 2019 EUR/Month Quarterly
Current Prices, SA

Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.30 7.10 12.10 7.10 percent [+]
Employed Persons 160.58 160.15 160.58 117.36 Million [+]
Unemployed Persons 11919.00 11708.00 19392.00 11454.00 Thousand [+]
Long Term Unemployment Rate 3.20 3.20 6.30 2.70 percent [+]
Youth Unemployment Rate 15.80 15.10 24.80 14.80 percent [+]
Labour Costs 113.20 103.50 113.20 83.40 points [+]
Productivity 102.30 102.40 102.50 81.80 points [+]
Wages 1887.00 1869.00 1887.00 1176.00 EUR/Month [+]
Wage Growth 2.30 2.60 3.40 0.80 percent [+]
Population 341.90 341.15 341.90 260.38 Million [+]
Employment Change -0.20 0.30 0.70 -0.80 percent [+]
Full Time Employment 117277.70 116318.80 118849.00 107485.60 Thousand [+]
Labor Force Participation Rate 57.60 57.40 57.60 55.00 percent [+]
Part Time Employment 31533.60 31875.10 31875.10 19769.20 Thousand [+]
Retirement Age Men 64.36 64.27 64.36 62.24 [+]
Retirement Age Women 63.96 63.86 63.96 61.66 [+]