Wages in Germany decreased to 4021 EUR/Month in the first quarter of 2020 from 4035 EUR/Month in the fourth quarter of 2019. source: Federal Statistical Office

Wages in Germany averaged 3246.36 EUR/Month from 1991 until 2020, reaching an all time high of 4035 EUR/Month in the fourth quarter of 2019 and a record low of 1832 EUR/Month in the fourth quarter of 1991. This page provides the latest reported value for - Germany Average Gross Monthly Earnings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Average Gross Monthly Earnings - values, historical data and charts - was last updated on October of 2020.

Wages in Germany is expected to be 3948.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Germany to stand at 4045.00 in 12 months time. In the long-term, the Germany Average Gross Monthly Earnings is projected to trend around 4063.00 EUR/Month in 2021 and 4124.00 EUR/Month in 2022, according to our econometric models.

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Germany Average Gross Monthly Earnings

Actual Previous Highest Lowest Dates Unit Frequency
4021.00 4035.00 4035.00 1832.00 1991 - 2020 EUR/Month Quarterly

Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.50 11.50 0.40 percent [+]
Employed Persons 44579.00 44640.00 45244.00 37643.00 Thousand [+]
Unemployed Persons 2759.78 2847.15 5288.25 84.97 Thousand [+]
Unemployment Change -35.00 -10.00 371.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.10 1.20 6.30 1.10 percent [+]
Youth Unemployment Rate 6.00 6.10 15.90 5.60 percent [+]
Labour Costs 117.67 111.20 117.67 78.67 points [+]
Productivity 93.30 96.20 106.10 17.00 points [+]
Job Vacancies 602.32 590.73 891.70 57.80 Thousand [+]
Wages 4021.00 4035.00 4035.00 1832.00 EUR/Month [+]
Wages in Manufacturing 102.30 167.80 167.80 7.70 points [+]
Wage Growth -4.70 0.40 6.00 -4.70 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 11138.90 11230.10 11230.90 6330.60 Thousand [+]
Employment Change -1.40 0.00 0.90 -1.40 percent [+]
Employment Rate 75.80 75.80 77.00 63.60 percent [+]
Full Time Employment 30459.60 29922.00 30459.60 26748.40 Thousand [+]