Minimum Wages in Netherlands increased to 1653.60 EUR/Month in the second quarter of 2020 from 1635.60 EUR/Month in the fourth quarter of 2019.

Minimum Wages in Netherlands averaged 1374.83 EUR/Month from 1999 until 2020, reaching an all time high of 1653.60 EUR/Month in the second quarter of 2020 and a record low of 1064.20 EUR/Month in the second quarter of 1999. This page provides - Netherlands Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Gross Minimum Monthly Wage - values, historical data and charts - was last updated on August of 2020.

Minimum Wages in Netherlands is expected to be 1675.00 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 Netherlands to stand at 1688.00 in 12 months time. In the long-term, the Netherlands Gross Minimum Monthly Wage is projected to trend around 1706.00 EUR/Month in 2021 and 1725.00 EUR/Month in 2022, according to our econometric models.

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Netherlands Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
1653.60 1635.60 1653.60 1064.20 1999 - 2020 EUR/Month Quarterly

Netherlands Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.30 3.60 7.90 2.90 percent [+]
Employed Persons 8901.00 8856.00 9059.00 6851.00 Thousand [+]
Unemployed Persons 404.00 330.00 699.00 273.00 Thousand [+]
Long Term Unemployment Rate 0.90 1.00 3.20 0.70 percent [+]
Youth Unemployment Rate 10.70 9.50 17.70 6.20 percent [+]
Labour Costs 107.30 107.80 114.70 66.60 points [+]
Productivity 103.74 104.75 106.45 85.92 points [+]
Job Vacancies 221.70 281.20 293.80 81.80 Thousand [+]
Minimum Wages 1653.60 1635.60 1653.60 1064.20 EUR/Month [+]
Wage Growth 3.04 2.80 4.71 0.44 percent [+]
Wages in Manufacturing 122.30 120.60 122.30 59.10 points [+]
Population 17.28 17.18 17.28 11.42 Million [+]
Retirement Age Women 66.67 66.33 66.67 65.00 [+]
Retirement Age Men 66.67 66.33 66.67 65.00 [+]
Part Time Employment 4428.60 4381.60 4428.60 2816.80 Thousand [+]
Labor Force Participation Rate 70.20 70.30 71.50 67.40 percent [+]
Employment Change 0.20 0.40 1.20 -0.90 percent [+]
Employment Rate 78.40 78.40 78.40 63.50 percent [+]
Full Time Employment 4312.50 4351.50 4705.40 4016.00 Thousand [+]