Wages in Netherlands increased 3.04 percent in September of 2020 over the same month in the previous year. source: Statistics Netherlands

Wage Growth in Netherlands averaged 2.23 percent from 1991 until 2020, reaching an all time high of 4.71 percent in June of 2001 and a record low of 0.44 percent in May of 2005. This page provides - Netherlands Hourly Wage Growth YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Hourly Wage Growth YoY - values, historical data and charts - was last updated on October of 2020.

Wage Growth in Netherlands 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 Netherlands to stand at 1.40 in 12 months time. In the long-term, the Netherlands Hourly Wage Growth YoY is projected to trend around 1.60 percent in 2021 and 1.80 percent in 2022, according to our econometric models.

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Netherlands Hourly Wage Growth YoY

Actual Previous Highest Lowest Dates Unit Frequency
3.04 3.13 4.71 0.44 1991 - 2020 percent Monthly
NSA

Netherlands Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 4.60 7.90 2.90 percent [+]
Employed Persons 8680.00 8909.00 9059.00 6851.00 Thousand [+]
Unemployed Persons 413.00 426.00 699.00 273.00 Thousand [+]
Long Term Unemployment Rate 0.70 0.90 3.20 0.70 percent [+]
Youth Unemployment Rate 10.70 11.30 17.70 6.20 percent [+]
Labour Costs 131.00 107.30 131.00 66.60 points [+]
Productivity 96.65 103.74 106.45 85.92 points [+]
Job Vacancies 200.40 221.70 293.80 81.80 Thousand [+]
Minimum Wages 1680.00 1653.60 1680.00 1064.20 EUR/Month [+]
Wage Growth 3.04 3.13 4.71 0.44 percent [+]
Wages in Manufacturing 122.30 122.30 122.30 59.10 points [+]
Population 17.28 17.18 17.28 11.42 Million [+]
Retirement Age Women 66.67 66.33 66.67 65.00 [+]
Retirement Age Men 66.67 66.33 66.67 65.00 [+]
Part Time Employment 4372.50 4428.60 4428.60 2816.80 Thousand [+]
Labor Force Participation Rate 71.30 71.20 71.50 67.40 percent [+]
Employment Change -3.10 0.10 1.20 -3.10 percent [+]
Employment Rate 77.30 78.40 78.40 63.50 percent [+]
Full Time Employment 4250.10 4312.50 4705.40 4016.00 Thousand [+]