Wages in Germany increased 1.90 percent in September of 2019 over the same month in the previous year.

Wage Growth in Germany averaged 0.45 percent from 1992 until 2019, reaching an all time high of 6 percent in the third quarter of 1992 and a record low of -2.70 percent in the third quarter of 1997. 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. source: Federal Statistical Office

Wage Growth in Germany is expected to be 1.60 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 1.50 in 12 months time. In the long-term, the Germany Real Wage Growth YoY is projected to trend around 1.90 percent in 2020, according to our econometric models.

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Germany Real Wage Growth YoY

Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.30 6.00 -2.70 1992 - 2019 percent Quarterly
NSA, 2010=100
Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.10 3.10 11.50 0.40 percent [+]
Employed Persons 45191.00 45153.00 45191.00 37643.00 Thousand [+]
Unemployed Persons 2227.16 2180.00 5288.25 84.97 Thousand [+]
Unemployment Change 8.00 -14.00 264.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.20 1.20 6.30 1.20 percent [+]
Youth Unemployment Rate 5.90 5.90 15.90 5.70 percent [+]
Labour Costs 108.96 108.22 116.69 78.67 points [+]
Productivity 97.30 97.10 105.70 17.00 points [+]
Job Vacancies 772.66 736.32 891.70 57.80 Thousand [+]
Wages 3997.00 3932.00 3997.00 1832.00 EUR/Month [+]
Wage Growth 1.90 1.30 6.00 -2.70 percent [+]
Wages in Manufacturing 101.00 100.90 165.00 7.70 points [+]
Minimum Wages 9.19 8.84 9.19 8.50 EUR/Hour [+]
Population 83.20 82.85 83.20 72.54 Million [+]
Retirement Age Women 65.67 65.58 65.67 65.00 [+]
Retirement Age Men 65.67 65.58 65.67 65.00 [+]
Labor Force Participation Rate 61.60 61.50 61.80 56.90 percent [+]
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 [+]
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 [+]
Part Time Employment 11230.10 11227.10 11230.10 6330.60 Thousand [+]
Employment Change 0.10 0.10 0.90 -0.90 percent [+]
Employment Rate 77.00 76.50 77.00 63.60 percent [+]
Full Time Employment 29916.60 29449.20 30031.60 26748.40 Thousand [+]