Minimum wages in Luxembourg were at 2071.07 EUR/Month in 2019.

Minimum Wages in Luxembourg averaged 1642.16 EUR/Month from 1999 until 2019, reaching an all time high of 2071.07 EUR/Month in the second quarter of 2019 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 April 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
2071.07 2071.07 2071.07 1162.08 1999 - 2019 EUR/Month Quarterly

Luxembourg Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.50 5.40 7.20 1.40 percent [+]
Employed Persons 474857.00 471312.00 474857.00 211007.00 [+]
Unemployed Persons 16652.00 16476.00 19457.00 821.00 [+]
Long Term Unemployment Rate 1.20 1.30 2.60 0.40 percent [+]
Youth Unemployment Rate 17.70 18.00 22.80 2.70 percent [+]
Labour Costs 112.76 164.82 189.00 85.90 points [+]
Wages 5382.90 5324.50 5382.90 2199.50 EUR/Month [+]
Minimum Wages 2071.07 2071.07 2071.07 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 60.80 60.80 60.80 51.40 percent [+]
Part Time Employment 49.60 50.30 54.60 16.00 Thousand [+]
Productivity 98.30 98.70 104.20 87.00 points [+]
Wages In Manufacturing 103.10 140.60 140.60 83.40 points [+]
Full Time Employment 235.20 236.70 237.60 153.50 Thousand [+]
Employment Change 0.80 0.90 1.90 -0.30 percent [+]
Employment Rate 67.90 68.30 68.30 58.50 percent [+]