Minimum Wages in Belgium increased to 1625.72 EUR/Month in the third quarter of 2020 from 1593.81 EUR/Month in the second quarter of 2020.

Minimum Wages in Belgium averaged 1357.21 EUR/Month from 1999 until 2020, reaching an all time high of 1625.72 EUR/Month in the third quarter of 2020 and a record low of 1074.44 EUR/Month in the second quarter of 1999. This page provides - Belgium Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Gross Minimum Monthly Wage - values, historical data and charts - was last updated on October of 2020.

Minimum Wages in Belgium is expected to be 1595.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Belgium to stand at 1595.00 in 12 months time. In the long-term, the Belgium Gross Minimum Monthly Wage is projected to trend around 1615.00 EUR/Month in 2021, according to our econometric models.

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Belgium Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
1625.72 1593.81 1625.72 1074.44 1999 - 2020 EUR/Month Quarterly

Belgium Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 5.50 11.00 5.00 percent [+]
Employed Persons 4122.40 4172.20 4177.90 3010.70 Thousand [+]
Unemployed Persons 333852.00 301449.00 533460.00 281099.00 [+]
Labor Force Participation Rate 68.60 68.90 69.60 63.60 percent [+]
Long Term Unemployment Rate 2.00 2.30 5.70 2.00 percent [+]
Youth Unemployment Rate 15.70 15.70 26.10 11.90 percent [+]
Labour Costs 111.70 107.80 111.70 75.60 points [+]
Job Vacancies 124404.00 129170.00 149180.00 70256.00 [+]
Minimum Wages 1625.72 1593.81 1625.72 1074.44 EUR/Month [+]
Wage Growth 0.40 3.40 6.80 -6.50 percent [+]
Population 11.46 11.40 11.46 9.13 Million [+]
Retirement Age Women 65.00 65.00 65.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Full Time Employment 3576.30 3562.40 3606.20 2643.50 Thousand [+]
Part Time Employment 1126.80 1203.30 1203.30 602.20 Thousand [+]
Wages 3558.00 3489.00 3558.00 2238.00 EUR/Month [+]
Wages In Manufacturing 102.90 129.20 129.20 72.50 points [+]
Employment Change -0.93 -0.24 1.80 -0.93 percent [+]
Employment Rate 64.20 65.10 65.80 55.70 percent [+]