Wages In the Euro Area decreased to 1869 EUR/Month in the first quarter of 2020 from 1893 EUR/Month in the fourth quarter of 2019.

Wages in the Euro Area averaged 1536.44 EUR/Month from 1999 until 2020, reaching an all time high of 1893 EUR/Month in the fourth quarter of 2019 and a record low of 1176 EUR/Month in the first quarter of 1999. This page provides the latest reported value for - Euro Area Average Monthly wage per person - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Average Monthly Wage Per Worker - values, historical data and charts - was last updated on September of 2020. source: Eurostat

Wages in Euro Area is expected to be 1835.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Euro Area to stand at 1890.00 in 12 months time. In the long-term, the Euro Area Average Monthly Wage Per Worker is projected to trend around 1883.00 EUR/Month in 2021 and 1915.00 EUR/Month in 2022, according to our econometric models.

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Euro Area Average Monthly Wage Per Worker

Actual Previous Highest Lowest Dates Unit Frequency
1869.00 1893.00 1893.00 1176.00 1999 - 2020 EUR/Month Quarterly
Current Prices, SA

Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.90 7.70 12.10 7.20 percent [+]
Employed Persons 155.60 160.37 160.69 117.36 Million [+]
Unemployed Persons 12793.00 12449.00 19397.00 11455.00 Thousand [+]
Long Term Unemployment Rate 3.10 3.20 6.30 2.70 percent [+]
Youth Unemployment Rate 17.30 17.20 24.80 14.80 percent [+]
Labour Costs 115.70 103.30 115.70 83.40 points [+]
Productivity 104.10 102.90 104.10 81.80 points [+]
Wages 1869.00 1893.00 1893.00 1176.00 EUR/Month [+]
Wage Growth 5.20 3.90 5.20 0.80 percent [+]
Population 341.90 341.15 341.90 260.38 Million [+]
Employment Change -2.90 -0.30 0.70 -2.90 percent [+]
Full Time Employment 117342.40 117284.20 118849.00 107485.60 Thousand [+]
Labor Force Participation Rate 57.60 57.40 57.60 55.00 percent [+]
Part Time Employment 31920.30 31533.10 31920.30 19769.20 Thousand [+]
Retirement Age Men 64.36 64.27 64.36 62.24 [+]
Retirement Age Women 63.96 63.86 63.96 61.66 [+]