Minimum Wages in Luxembourg remained unchanged at 2141.99 EUR/Month in the third quarter of 2020.

Minimum Wages in Luxembourg averaged 1665.73 EUR/Month from 1999 until 2020, reaching an all time high of 2141.99 EUR/Month in the first quarter of 2020 and a record low of 1162.08 EUR/Month in the fourth quarter of 1999. This page provides - Luxembourg Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Gross Minimum Monthly Wage - values, historical data and charts - was last updated on September of 2020.

Minimum Wages in Luxembourg is expected to be 2095.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Luxembourg to stand at 2095.00 in 12 months time. In the long-term, the Luxembourg Gross Minimum Monthly Wage is projected to trend around 2115.00 EUR/Month in 2021, according to our econometric models.

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Luxembourg Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
2141.99 2141.99 2141.99 1162.08 1999 - 2020 EUR/Month Quarterly

Luxembourg Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.60 6.90 7.20 1.40 percent [+]
Employed Persons 471023.00 473187.00 474467.00 211007.00 [+]
Unemployed Persons 19762.00 19876.00 20253.00 821.00 [+]
Long Term Unemployment Rate 1.40 1.10 2.60 0.40 percent [+]
Youth Unemployment Rate 26.00 27.70 27.70 2.70 percent [+]
Labour Costs 118.26 130.80 189.00 85.90 points [+]
Wages 5382.90 5324.50 5382.90 2199.50 EUR/Month [+]
Minimum Wages 2141.99 2141.99 2141.99 1162.08 EUR/Month [+]
Population 0.61 0.60 0.61 0.31 Million [+]
Retirement Age Women 65.00 65.00 65.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Labor Force Participation Rate 60.00 60.70 60.90 51.40 percent [+]
Part Time Employment 52.80 47.80 54.60 16.00 Thousand [+]
Productivity 98.50 98.30 104.20 87.00 points [+]
Wages In Manufacturing 99.20 100.10 141.20 83.40 points [+]
Full Time Employment 233.10 238.30 238.30 153.50 Thousand [+]
Employment Change 0.80 0.80 1.90 -0.30 percent [+]
Employment Rate 66.70 67.90 68.40 58.50 percent [+]