Living Wage Individual in Germany increased to 1240 EUR/Month in 2017 from 1210 EUR/Month in 2016.

Living Wage Individual in Germany averaged 1172.50 EUR/Month from 2014 until 2017, reaching an all time high of 1240 EUR/Month in 2017 and a record low of 1060 EUR/Month in 2014. Germany Living Wage Individual - values, historical data and charts - was last updated on August of 2020.

Living Wage Individual in Germany is expected to reach 1235.00 EUR/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Living Wage Individual is projected to trend around 1249.00 EUR/Month in 2021 and 1267.00 EUR/Month in 2022, according to our econometric models.

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Germany Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
1240.00 1210.00 1240.00 1060.00 2014 - 2017 EUR/Month yearly

Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 4.10 11.50 0.40 percent [+]
Employed Persons 44549.00 44596.00 45244.00 37643.00 Thousand [+]
Unemployed Persons 2910.01 2853.31 5288.25 84.97 Thousand [+]
Unemployment Change -18.00 68.00 371.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.10 1.20 6.30 1.10 percent [+]
Youth Unemployment Rate 5.60 5.60 15.90 5.60 percent [+]
Labour Costs 111.20 109.67 116.69 78.67 points [+]
Productivity 87.40 83.00 106.10 17.00 points [+]
Job Vacancies 573.16 570.35 891.70 57.80 Thousand [+]
Wages 4035.00 4012.00 4035.00 1832.00 EUR/Month [+]
Wages in Manufacturing 103.40 101.20 165.90 7.70 points [+]
Wage Growth 0.40 0.70 6.00 -2.70 percent [+]
Minimum Wages 9.35 9.19 9.35 8.50 EUR/Hour [+]
Population 83.20 82.85 83.20 72.54 Million [+]
Retirement Age Women 65.75 65.67 65.75 65.00 [+]
Retirement Age Men 65.75 65.67 65.75 65.00 [+]
Labor Force Participation Rate 62.60 62.00 62.60 56.90 percent [+]
Part Time Employment 11142.90 11230.10 11230.10 6330.60 Thousand [+]
Employment Change 0.00 0.10 0.90 -0.90 percent [+]
Employment Rate 75.80 77.00 77.00 63.60 percent [+]
Full Time Employment 30455.60 29916.60 30455.60 26748.40 Thousand [+]


Germany Living Wage Individual
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.