Real wages in Germany decreased 5.70 percent in the third quarter of 2022 over the same period in the previous year. source: Federal Statistical Office

Wage Growth in Germany averaged 0.27 percent from 1992 until 2022, reaching an all time high of 6.00 percent in the third quarter of 1992 and a record low of -5.70 percent in the third quarter of 2022. This page provides the latest reported value for - Germany Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Real Wage Growth YoY - values, historical data and charts - was last updated on January of 2023.

Wage Growth in Germany is expected to be -3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Real Wage Growth YoY is projected to trend around 1.80 percent in 2024 and 2.50 percent in 2025, according to our econometric models.

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Germany Real Wage Growth YoY

Related Last Previous Unit Reference
Unemployment Rate 5.50 5.50 percent Dec 2022
Youth Unemployment Rate 5.80 5.80 percent Nov 2022
Wages 4101.00 3975.00 EUR/Month Dec 2021
Minimum Wages 12.00 12.00 EUR/Hour Jan 2023
Wage Growth -5.70 -4.40 percent Sep 2022
Population 83.16 83.17 Million Dec 2021