Wages in Netherlands increased 2.94 percent in December of 2019 over the same month in the previous year. Wage Growth in Netherlands averaged 2.20 percent from 1991 until 2019, 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. source: Statistics Netherlands

Wage Growth in Netherlands is expected to be 2.80 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 2.60 in 12 months time. In the long-term, the Netherlands Hourly Wage Growth YoY is projected to trend around 2.50 percent in 2020, according to our econometric models.

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Netherlands Hourly Wage Growth YoY

Actual Previous Highest Lowest Dates Unit Frequency
2.94 2.67 4.71 0.44 1991 - 2019 percent Monthly
NSA

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 [+]