Wages In the Euro Area increased to 1876 EUR/Month in the third quarter of 2020 from 1741 EUR/Month in the second quarter of 2020. source: EUROSTAT

Wages in the Euro Area averaged 1541.87 EUR/Month from 1999 until 2020, reaching an all time high of 1884 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 April of 2021.

Wages in Euro Area is expected to be 1925.00 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 1904.00 in 12 months time. In the long-term, the Euro Area Average Monthly Wage Per Worker is projected to trend around 1937.00 EUR/Month in 2022 and 1975.00 EUR/Month in 2023, according to our econometric models.

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Euro Area Average Monthly Wage Per Worker

Actual Previous Highest Lowest Dates Unit Frequency
1876.00 1741.00 1884.00 1176.00 1999 - 2020 EUR/Month Quarterly
Current Prices, SA

Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.30 8.30 12.10 7.10 percent [+]
Employed Persons 157.95 157.39 161.00 117.36 Million [+]
Unemployed Persons 13571.00 13282.00 19395.00 11457.00 Thousand [+]
Long Term Unemployment Rate 2.80 2.30 6.30 2.30 percent [+]
Youth Unemployment Rate 17.30 17.40 24.80 14.80 percent [+]
Labour Costs 116.50 104.90 116.50 83.40 points [+]
Productivity 104.30 103.20 105.10 81.70 points [+]
Wages 1876.00 1741.00 1884.00 1176.00 EUR/Month [+]
Wage Growth 3.50 2.20 4.90 0.80 percent [+]
Population 342.41 341.52 342.41 260.38 Million [+]
Employment Change 0.30 1.00 1.00 -3.00 percent [+]
Full Time Employment 115241.90 113879.20 118849.00 107485.60 Thousand [+]
Labor Force Participation Rate 56.80 55.50 57.60 55.00 percent [+]
Part Time Employment 30818.80 30540.50 31962.00 19769.20 Thousand [+]
Retirement Age Men 64.61 64.52 64.61 62.24 [+]
Retirement Age Women 64.29 64.20 64.29 61.66 [+]