Wages in the United Kingdom increased to 574 GBP/Week in May from 571 GBP/Week in April of 2021. source: Office for National Statistics

Wages in the United Kingdom averaged 438.55 GBP/Week from 2000 until 2021, reaching an all time high of 574 GBP/Week in May of 2021 and a record low of 300 GBP/Week in February of 2000. This page provides - United Kingdom Average Weekly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Average Weekly Wages - values, historical data and charts - was last updated on July of 2021.

Wages in the United Kingdom is expected to be 585.20 GBP/Week by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in the United Kingdom to stand at 593.52 in 12 months time. In the long-term, the United Kingdom Average Weekly Wages is projected to trend around 605.99 GBP/Week in 2022 and 619.32 GBP/Week in 2023, according to our econometric models.

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United Kingdom Average Weekly Wages

Actual Previous Highest Lowest Dates Unit Frequency
574.00 571.00 574.00 300.00 2000 - 2021 GBP/Week Monthly
Current Prices, SA

United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.80 4.70 11.90 3.40 percent [+]
Employed Persons 32180.00 32487.00 33073.00 23630.00 Thousand [+]
Unemployed Persons 2322.20 2495.70 3090.00 422.60 Thousand [+]
Part Time Employment 7718.00 7772.00 8704.00 5995.00 Thousand [+]
Full Time Employment 24462.00 24715.00 24715.00 19136.00 Thousand [+]
Employment Rate 74.80 75.20 76.60 65.60 percent [+]
Claimant Count Change -114.80 -92.60 844.10 -114.80 Thousand [+]
Labor Force Participation Rate 78.70 79.00 79.80 74.10 percent [+]
Youth Unemployment Rate 13.50 13.20 22.50 10.80 percent [+]
Labour Costs 112.80 112.00 115.10 19.60 points [+]
Productivity 100.70 100.00 104.50 42.60 points [+]
Job Vacancies 862.00 758.00 864.00 341.00 Thousand [+]
Wages 574.00 571.00 574.00 300.00 GBP/Week [+]
Wages in Manufacturing 633.00 632.00 636.00 356.00 GBP/Week [+]
Wage Growth 7.30 5.60 7.30 -2.70 percent [+]
Minimum Wages 8.91 8.72 8.91 5.05 GBP/Hour [+]
Population 67.20 66.80 67.20 50.29 Million [+]
Retirement Age Women 66.00 66.00 66.00 60.00 [+]
Retirement Age Men 66.00 66.00 66.00 65.00 [+]
Non Farm Payrolls 28858.00 28502.00 29064.00 26763.00 Thousand [+]
Average Weekly Hours 30.50 30.00 33.50 25.80 Hours [+]
Employment Change 25.00 113.00 311.00 -334.00 Thousand [+]


United Kingdom Average Weekly Wages
In the United Kingdom, wages are benchmarked using the average weekly earnings.