Wages In the Euro Area increased to 1868 EUR/Month in the second quarter of 2019 from 1859 EUR/Month in the first quarter of 2019. Wages in the Euro Area averaged 1524.15 EUR/Month from 1999 until 2019, reaching an all time high of 1868 EUR/Month in the second quarter of 2019 and a record low of 1177 EUR/Month in the first quarter of 1999. source: Eurostat

Wages in Euro Area is expected to be 1905.00 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 1913.00 in 12 months time. In the long-term, the Euro Area Average Monthly Wage Per Worker is projected to trend around 2014.00 EUR/Month in 2020, according to our econometric models.

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Euro Area Average Monthly Wage Per Worker

Actual Previous Highest Lowest Dates Unit Frequency
1868.00 1859.00 1868.00 1177.00 1999 - 2019 EUR/Month Quarterly
Current Prices, SA

Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.50 7.50 12.10 7.30 percent [+]
Employed Persons 160.13 160.01 160.13 117.36 Million [+]
Unemployed Persons 12219.00 12230.00 19203.00 11393.00 Thousand [+]
Long Term Unemployment Rate 3.30 3.50 6.30 2.70 percent [+]
Youth Unemployment Rate 15.60 15.60 24.80 14.80 percent [+]
Labour Costs 103.50 110.90 110.90 83.40 points [+]
Productivity 102.10 105.20 105.30 82.60 points [+]
Wages 1868.00 1859.00 1868.00 1177.00 EUR/Month [+]
Wage Growth 2.60 2.80 3.40 0.80 percent [+]
Population 341.15 340.54 341.15 260.38 Million [+]
Employment Change 0.10 0.20 0.70 -0.80 percent [+]
Full Time Employment 116318.80 115278.50 118849.00 107485.60 Thousand [+]
Labor Force Participation Rate 57.30 57.10 57.40 55.00 percent [+]
Part Time Employment 31875.10 31595.00 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 [+]