Wages in the United Kingdom increased to 539 GBP/Week in July from 529 GBP/Week in June of 2020.

Wages in the United Kingdom averaged 433.43 GBP/Week from 2000 until 2020, reaching an all time high of 546 GBP/Week in January of 2020 and a record low of 300 GBP/Week in February of 2000. This page provides - United Kingdom Average Weekly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Average Weekly Wages - values, historical data and charts - was last updated on October of 2020. source: Office for National Statistics

Wages in the United Kingdom is expected to be 533.12 GBP/Week by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in the United Kingdom to stand at 544.39 in 12 months time. In the long-term, the United Kingdom Average Weekly Wages is projected to trend around 538.98 GBP/Week in 2021 and 547.07 GBP/Week in 2022, according to our econometric models.

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United Kingdom Average Weekly Wages

Actual Previous Highest Lowest Dates Unit Frequency
539.00 529.00 546.00 300.00 2000 - 2020 GBP/Week Monthly
Current Prices, SA

United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 3.90 12.00 3.40 percent [+]
Employed Persons 32979.00 32924.00 33144.00 23630.00 Thousand [+]
Unemployed Persons 2737.90 2664.20 3090.00 422.60 Thousand [+]
Part Time Employment 8324.00 8327.00 8704.00 5995.00 Thousand [+]
Full Time Employment 24656.00 24597.00 24656.00 19136.00 Thousand [+]
Employment Rate 76.50 76.40 76.60 65.60 percent [+]
Claimant Count Change 73.70 69.90 858.10 -98.50 Thousand [+]
Labor Force Participation Rate 79.80 79.60 79.80 74.10 percent [+]
Long Term Unemployment Rate 0.90 0.80 4.30 0.80 percent [+]
Youth Unemployment Rate 12.90 12.30 22.30 9.70 percent [+]
Labour Costs 131.40 108.10 131.40 19.60 points [+]
Productivity 98.10 100.60 101.90 42.40 points [+]
Job Vacancies 434.00 377.00 855.00 341.00 Thousand [+]
Wages 539.00 529.00 546.00 300.00 GBP/Week [+]
Wages in Manufacturing 606.00 593.00 622.00 356.00 GBP/Week [+]
Wage Growth -1.00 -1.20 6.70 -2.70 percent [+]
Minimum Wages 8.72 8.21 8.72 5.05 GBP/Hour [+]
Population 66.65 66.27 66.65 52.20 Million [+]
Retirement Age Women 66.00 65.50 66.00 60.00 [+]
Retirement Age Men 66.00 65.50 66.00 65.00 [+]
Average Weekly Hours 26.30 25.80 33.50 25.80 Hours [+]
Employment Change -12.00 -220.00 311.00 -279.00 Thousand [+]


United Kingdom Average Weekly Wages
In the United Kingdom, wages are benchmarked using the average weekly earnings.