Wages in Luxembourg decreased to 5465.70 EUR/Month in 2020 from 5490.60 EUR/Month in 2019. source: OECD

Wages in Luxembourg averaged 3945.15 EUR/Month from 1990 until 2020, reaching an all time high of 5490.60 EUR/Month in 2019 and a record low of 2199.50 EUR/Month in 1990. This page provides - Luxembourg Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Average Nominal Monthly Wages - values, historical data and charts - was last updated on September of 2021.

Wages in Luxembourg is expected to reach 5200.00 EUR/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Average Nominal Monthly Wages is projected to trend around 5200.00 EUR/Month in 2022, according to our econometric models.

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Luxembourg Average Nominal Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
5465.70 5490.60 5490.60 2199.50 1990 - 2020 EUR/Month Yearly
Current Prices, NSA

Luxembourg Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.60 5.70 7.20 1.40 percent [+]
Employed Persons 484567.00 488478.00 488478.00 211007.00 [+]
Unemployed Persons 16807.00 16402.00 20253.00 821.00 [+]
Long Term Unemployment Rate 1.90 1.90 2.60 0.40 percent [+]
Youth Unemployment Rate 17.80 18.10 27.20 2.70 percent [+]
Labour Costs 109.39 113.85 189.00 85.90 points [+]
Wages 5465.70 5490.60 5490.60 2199.50 EUR/Month [+]
Minimum Wages 2201.93 2201.93 2201.93 1162.08 EUR/Month [+]
Population 0.63 0.61 0.63 0.31 Million [+]
Retirement Age Women 65.00 65.00 65.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Labor Force Participation Rate 61.30 61.80 61.80 51.40 percent [+]
Part Time Employment 57.40 51.90 57.40 16.00 Thousand [+]
Productivity 108.40 101.90 108.40 87.00 points [+]
Wages In Manufacturing 107.00 108.20 141.20 83.40 points [+]
Full Time Employment 239.20 242.20 242.20 153.50 Thousand [+]
Employment Change 0.50 0.60 1.90 -0.50 percent [+]
Employment Rate 68.30 68.50 68.50 58.50 percent [+]