Labour Costs in Germany increased to 116.69 Index Points in the first quarter of 2019 from 115.73 Index Points in the fourth quarter of 2018. Labour Costs in Germany averaged 97.98 Index Points from 1991 until 2019, reaching an all time high of 116.69 Index Points in the first quarter of 2019 and a record low of 78.67 Index Points in the first quarter of 1991.

Labour Costs in Germany is expected to be 114.82 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Germany to stand at 117.59 in 12 months time. In the long-term, the Germany Labour Costs is projected to trend around 121.98 Index Points in 2020, according to our econometric models.

Germany Labour Costs
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Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.10 3.10 11.50 0.40 percent [+]
Employed Persons 45077.00 45131.00 45131.00 37643.00 Thousand [+]
Unemployed Persons 2275.46 2216.24 5288.25 84.97 Thousand [+]
Unemployment Change 1.00 0.00 264.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.30 1.30 6.30 1.30 percent [+]
Youth Unemployment Rate 5.50 5.50 15.90 5.50 percent [+]
Productivity 98.20 98.70 105.90 17.00 Index Points [+]
Labour Costs 116.69 115.73 116.69 78.67 Index Points [+]
Job Vacancies 799.08 797.62 891.70 57.80 Thousand [+]
Wages 3932.00 3938.00 3938.00 1832.00 EUR/Month [+]
Wages in Manufacturing 117.70 115.20 186.60 7.70 Index Points [+]
Wage Growth 1.20 1.40 6.00 -2.70 percent [+]
Minimum Wages 9.19 8.84 9.19 8.50 EUR/Hour [+]
Population 82.85 82.52 82.85 72.54 Million [+]
Retirement Age Women 65.67 65.58 65.67 65.00 [+]
Retirement Age Men 65.67 65.58 65.67 65.00 [+]
Labor Force Participation Rate 61.50 61.80 61.80 56.90 percent [+]
Living Wage Family 1990.00 1960.00 1990.00 1770.00 EUR/Month [+]
Living Wage Individual 1240.00 1210.00 1240.00 1060.00 EUR/Month [+]
Wages Low Skilled 2050.00 2100.00 2100.00 1950.00 EUR/Month [+]
Wages High Skilled 3550.00 3550.00 3550.00 3400.00 EUR/Month [+]
Part Time Employment 11035.40 10915.80 11035.40 6330.60 Thousand [+]
Employment Change 0.30 0.30 1.00 -0.80 percent [+]
Employment Rate 76.30 76.50 76.50 63.60 percent [+]
Full Time Employment 29781.60 29985.00 30031.60 26748.40 Thousand [+]


Germany Labour Costs

This page provides the latest reported value for - Germany Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Labour Costs - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
116.69 115.73 116.69 78.67 1991 - 2019 Index Points Quarterly
SA, 2005=100




Country Last Previous
Australia 103.80 Mar/19
Brazil 101.89 Jun/19
Canada 108.49 Mar/19
China 104.30 Jun/19
Euro Area 99.60 Mar/19
France 107.50 Mar/19
Germany 116.69 Mar/19
Italy 111.20 Mar/19
Mexico 94.90 Jun/19
Netherlands 105.20 Mar/19
Singapore 99.50 Jun/19
South Africa 156.20 Dec/18
South Korea 129.90 Mar/19
Spain 100.40 Mar/19
Turkey 188.85 Mar/19
United Kingdom 105.50 Mar/19
United States 111.89 Jun/19


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