Wages in Switzerland increased to 6291 CHF/Month in 2018 from 6260 CHF/Month in 2017. Wages in Switzerland averaged 5764.14 CHF/Month from 1998 until 2018, reaching an all time high of 6291 CHF/Month in 2018 and a record low of 5082 CHF/Month in 1998.

Wages in Switzerland is expected to be 6322.60 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 6526.59 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 2.10 2.30 5.70 1.50 percent [+]
Employed Persons 5076.00 5065.00 5080.00 3242.00 Thousand [+]
Unemployed Persons 97222.00 101370.00 206291.00 26.00 [+]
Productivity 102.54 101.99 104.72 77.83 Index Points [+]
Job Vacancies 35771.00 36183.00 36974.00 6014.00 [+]
Wages 6291.00 6260.00 6291.00 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 0.50 7.80 0.10 percent [+]
Youth Unemployment Rate 1.90 1.90 5.70 1.40 percent [+]
Job Offers 77273.00 74296.00 78215.00 29043.00 [+]
Labor Force Participation Rate 68.30 68.70 68.80 66.80 percent [+]
Long Term Unemployment Rate 1.70 1.80 2.00 1.40 percent [+]
Non Farm Payrolls 5071.00 5068.00 5071.00 3841.00 Thousand [+]
Part Time Employment 1698.70 1691.90 1699.40 1064.50 Thousand [+]
Employment Change 0.20 -0.10 1.20 -0.60 percent [+]
Employment Rate 79.90 80.60 81.30 76.90 percent [+]
Full Time Employment 2794.30 2832.20 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6291.00 6260.00 6291.00 5082.00 1998 - 2018 CHF/Month Yearly




Country Last Previous
Argentina 40911.00 Apr/19
Australia 1225.30 Dec/18
Brazil 2289.00 May/19
Canada 25.75 Apr/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 313061.00 May/19
Mexico 377.49 May/19
Russia 48510.00 May/19
Singapore 6005.00 Mar/19
South Africa 20855.00 Mar/19
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 536.00 May/19
United States 23.43 Jun/19


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