Germany Real Wage Growth YoY

Wages in Germany increased 1.40 percent in December of 2018 over the same month in the previous year. Wage Growth in Germany averaged 0.83 percent from 2006 until 2018, reaching an all time high of 2.70 percent in the second quarter of 2015 and a record low of -1.40 percent in the fourth quarter of 2007.

Wage Growth in Germany is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Germany to stand at 1.70 in 12 months time. In the long-term, the Germany Real Wage Growth YoY is projected to trend around 2.00 percent in 2020, according to our econometric models.

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Germany Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	3.20	3.20	11.50	0.40	percent	[+]
Employed Persons	45108.00	45074.00	45108.00	37643.00	Thousand	[+]
Unemployed Persons	2235.97	2228.88	5288.25	84.97	Thousand	[+]
Unemployment Change	60.00	-12.00	264.00	-97.00	Thousand	[+]
Long Term Unemployment Rate	1.30	1.40	6.30	1.30	percent	[+]
Youth Unemployment Rate	5.30	5.30	15.90	5.30	percent	[+]
Productivity	99.00	99.70	105.90	17.00	Index Points	[+]
Labour Costs	116.69	115.73	116.69	78.67	Index Points	[+]
Job Vacancies	791.69	795.55	891.70	57.80	Thousand	[+]
Wages	3938.00	3899.00	3938.00	1832.00	EUR/Month	[+]
Wages in Manufacturing	115.20	115.10	186.40	7.70	Index Points	[+]
Wage Growth	1.40	1.50	2.70	-1.40	percent	[+]
Minimum Wages	9.19	8.84	9.19	8.50	EUR/Hour	[+]
Population	82.85	82.52	82.85	72.54	Million	[+]
Retirement Age Women	65.58	65.50	65.58	65.00		[+]
Retirement Age Men	65.58	65.50	65.58	65.00		[+]
Labor Force Participation Rate	61.80	61.50	61.80	56.90	percent	[+]
Living Wage Family	1990.00	1960.00	1990.00	1770.00	EUR/Month	[+]
Living Wage Individual	1240.00	1210.00	1240.00	1060.00	EUR/Month	[+]
Wages Low Skilled	2050.00	2100.00	2100.00	1950.00	EUR/Month	[+]
Wages High Skilled	3550.00	3550.00	3550.00	3400.00	EUR/Month	[+]
Part Time Employment	10915.80	10920.00	10992.70	6330.60	Thousand	[+]
Employment Change	0.30	0.30	1.00	-0.80	percent	[+]
Employment Rate	76.50	76.30	76.50	63.60	percent	[+]
Full Time Employment	29985.00	29971.90	30031.60	26748.40	Thousand	[+]

This page provides the latest reported value for - Germany Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Real Wage Growth YoY - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.40	1.50	2.70	-1.40	2006 - 2018	percent	Quarterly	NSA, 2010=100

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Country	Last		Previous	Range
Argentina	3.58	Mar/19	2.74	6.33 : 0.74	%
Australia	2.30	Mar/19	2.3	4.3 : 1.9	%
Canada	1.90	Mar/19	1.2	5.5 : -0.4	%
Euro Area	2.50	Mar/19	2.3	3.4 : 0.8	%
France	0.20	Dec/18	0.3	1 : 0.1	%
Germany	1.40	Dec/18	1.5	2.7 : -1.4	%
Italy	1.50	Apr/19	1.5	15.8 : 0.3	%
Japan	-0.10	Apr/19	-1.3	35.02 : -7.1	%
Netherlands	2.16	May/19	2.34	4.71 : 0.44	%
Russia	2.80	May/19	3.1	27.2 : -41.4	%
Switzerland	0.50	Mar/19	0.5	7.8 : 0.1	%
United Kingdom	3.10	Apr/19	3.3	6.6 : -2.6	%
United States	4.19	Mar/19	4.22	13.78 : -5.88	%