Minimum Wages in Netherlands increased to 1635.60 EUR/Month in the fourth quarter of 2019 from 1615.80 EUR/Month in the second quarter of 2019. Minimum Wages in Netherlands averaged 1368.20 EUR/Month from 1999 until 2019, reaching an all time high of 1635.60 EUR/Month in the fourth quarter of 2019 and a record low of 1064.20 EUR/Month in the second quarter of 1999.

Minimum Wages in Netherlands is expected to be 1636.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Netherlands to stand at 1650.00 in 12 months time. In the long-term, the Netherlands Gross Minimum Monthly Wage is projected to trend around 1700.00 EUR/Month in 2020, according to our econometric models.

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Netherlands Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
1635.60 1615.80 1635.60 1064.20 1999 - 2019 EUR/Month Quarterly

Netherlands Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 3.50 7.90 3.20 percent [+]
Employed Persons 9028.00 8995.00 9028.00 6851.00 Thousand [+]
Unemployed Persons 302.00 324.00 699.00 300.00 Thousand [+]
Long Term Unemployment Rate 1.00 1.00 3.20 0.70 percent [+]
Youth Unemployment Rate 6.70 7.30 17.70 6.20 percent [+]
Labour Costs 99.80 114.70 114.70 66.60 points [+]
Productivity 104.97 104.80 106.45 85.92 points [+]
Job Vacancies 283.80 293.80 293.80 81.80 Thousand [+]
Minimum Wages 1635.60 1615.80 1635.60 1064.20 EUR/Month [+]
Wage Growth 2.94 2.67 4.71 0.44 percent [+]
Wages in Manufacturing 118.60 117.70 118.60 59.10 points [+]
Population 17.12 17.08 17.12 11.42 Million [+]
Retirement Age Women 66.00 66.00 66.00 65.00 [+]
Retirement Age Men 66.00 66.00 66.00 65.00 [+]
Labor Force Participation Rate 71.40 71.40 71.40 67.40 percent [+]
Living Wage Family 1560.00 1490.00 1560.00 1420.00 EUR/Month [+]
Living Wage Individual 1120.00 1040.00 1120.00 965.00 EUR/Month [+]
Part Time Employment 4382.20 4356.30 4382.20 2816.80 Thousand [+]
Wages Low Skilled 1760.00 1690.00 1760.00 1630.00 EUR/Month [+]
Wages High Skilled 2920.00 2940.00 2940.00 2820.00 EUR/Month [+]
Employment Change 0.20 0.30 1.20 -0.90 percent [+]
Employment Rate 78.40 78.10 78.40 63.50 percent [+]
Full Time Employment 4344.80 4323.10 4705.40 4016.00 Thousand [+]