Wages in Switzerland increased to 6260 CHF/Month in 2017 from 6235 CHF/Month in 2016. Wages in Switzerland averaged 5737.80 CHF/Month from 1998 until 2017, reaching an all time high of 6260 CHF/Month in 2017 and a record low of 5082 CHF/Month in 1998.

Wages in Switzerland is expected to be 6270.00 CHF/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Gross Monthly Wage in the Private Sector is projected to trend around 6370.00 CHF/Month in 2020, according to our econometric models.

Switzerland Gross Monthly Wage in the Private Sector
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Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.40 2.50 5.70 1.50 percent [+]
Employed Persons 5065.00 5080.00 5080.00 3242.00 Thousand [+]
Unemployed Persons 107298.00 112341.00 206291.00 26.00 [+]
Productivity 101.99 103.70 104.72 77.83 Index Points [+]
Job Vacancies 36681.00 36325.00 36850.00 6062.00 [+]
Wages 6260.00 6235.00 6260.00 5082.00 CHF/Month [+]
Wages in Manufacturing 113.10 113.20 113.20 100.00 Index Points [+]
Population 8.48 8.42 8.48 5.30 Million [+]
Retirement Age Women 64.00 64.00 64.00 63.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wage Growth 0.50 0.80 7.80 0.10 percent [+]
Youth Unemployment Rate 1.90 2.10 5.70 1.40 percent [+]
Job Offers 72133.00 73674.00 78215.00 29043.00 [+]
Labor Force Participation Rate 68.50 68.40 68.80 66.80 percent [+]
Long Term Unemployment Rate 1.50 1.80 2.00 1.40 percent [+]
Non Farm Payrolls 5068.00 5070.00 5070.00 3841.00 Thousand [+]
Part Time Employment 1668.80 1699.40 1699.40 1064.50 Thousand [+]
Employment Change 0.50 0.30 1.20 -0.60 percent [+]
Employment Rate 80.60 80.50 81.30 76.90 percent [+]
Full Time Employment 2841.10 2776.40 2841.10 2628.90 Thousand [+]


Switzerland Gross Monthly Wage in the Private Sector

In Switzerland, wages refer to the gross monthly salary in private sector, including employee social security contributions, benefits in kind, regularly paid bonuses, share of turnover or commissions plus hardship allowances for shift, night and Sunday work, 1/12 of 13th month salary and 1/12 of special annual payments. Family and child benefits are not included in the calculation. This page provides - Switzerland Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Gross Monthly Wage in the Private Sector - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6260.00 6235.00 6260.00 5082.00 1998 - 2017 CHF/Month Yearly




Country Last Previous
Argentina 38242.00 Feb/19
Australia 1225.30 Dec/18
Brazil 2291.00 Mar/19
Canada 25.72 Feb/19
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3899.00 Sep/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 316506.00 Mar/19
Mexico 372.83 Mar/19
Russia 45000.00 Mar/19
Singapore 5752.00 Dec/18
South Africa 21190.00 Dec/18
South Korea 3359019.00 Dec/18
Spain 2039.01 Dec/18
Switzerland 6260.00 Dec/17
United Kingdom 528.00 Mar/19
United States 23.31 Apr/19


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