Wages in Germany increased to 4035 EUR/Month in the fourth quarter of 2019 from 4012 EUR/Month in the third quarter of 2019.

Wages in Germany averaged 3234.97 EUR/Month from 1991 until 2019, 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 July of 2020. source: Federal Statistical Office

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 4059.00 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
4035.00 4012.00 4035.00 1832.00 1991 - 2019 EUR/Month Quarterly

Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 3.50 11.50 0.40 percent [+]
Employed Persons 44866.00 45132.00 45244.00 37643.00 Thousand [+]
Unemployed Persons 2812.99 2643.74 5288.25 84.97 Thousand [+]
Unemployment Change 69.00 238.00 372.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.10 1.20 6.30 1.10 percent [+]
Youth Unemployment Rate 5.40 5.40 15.90 5.30 percent [+]
Labour Costs 111.20 109.67 116.69 78.67 points [+]
Productivity 81.90 93.20 106.20 17.00 points [+]
Job Vacancies 583.62 626.42 891.70 57.80 Thousand [+]
Wages 4035.00 4012.00 4035.00 1832.00 EUR/Month [+]
Wages in Manufacturing 101.20 101.30 165.90 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 77.00 77.00 77.00 63.60 percent [+]
Full Time Employment 30455.60 29916.60 30455.60 26748.40 Thousand [+]