Germany Real Wage Growth YoY  2006-2016 | Data | Chart | Calendar

German real wages rose by 2.3 percent year-on-year in the second quarter of 2016, following a 2.6 percent growth in the previous period, as nominal wages increased by 2.4 percent while consumer prices edged up 0.1 percent. The increase was mainly driven by strong wage hikes for workers in the real estate business, transport and logistics sector as well as catering industry. Wage Growth in Germany averaged 0.79 percent from 2006 until 2016, reaching an all time high of 2.70 percent in the second quarter of 2015 and a record low of -1.40 percent in the fourth quarter of 2007.

Germany Real Wage Growth YoY
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Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 4.20 11.50 0.40 percent [+]
Employed Persons 43456.00 43537.00 43537.00 37643.00 Thousand [+]
Unemployed Persons 2539.94 2607.61 5288.20 85.00 Thousand [+]
Unemployment Change -5.00 -13.00 264.00 -97.00 Thousand [+]
Long Term Unemployment Rate 1.70 1.70 6.30 1.70 percent [+]
Youth Unemployment Rate 6.80 6.90 15.60 5.70 percent [+]
Labour Costs 110.47 109.05 110.47 78.63 Index Points [+]
Productivity 103.90 104.60 105.80 17.00 Index Points [+]
Job Vacancies 691.37 686.80 891.70 57.80 Thousand [+]
Wages 3695.00 3655.00 3695.00 1832.00 EUR/Month [+]
Wages in Manufacturing 107.90 107.70 172.00 7.70 Index Points [+]
Wage Growth 2.30 2.60 2.70 -1.40 percent [+]
Minimum Wages 8.50 8.50 8.50 8.50 EUR/Hour [+]
Population 82.18 81.20 82.54 72.54 Million [+]
Retirement Age Women 65.30 65.23 65.30 65.00 [+]
Retirement Age Men 65.30 65.23 65.30 65.00 [+]
Employment Change 0.30 0.30 1.00 -0.80 percent [+]
Employment Rate 74.30 74.20 74.40 63.60 percent [+]
Full Time Employment 29203.90 29025.90 29203.90 26748.40 Thousand [+]
Part Time Employment 10700.90 10765.60 10765.60 6330.60 Thousand [+]
Labor Force Participation Rate 60.50 60.70 60.70 56.90 percent [+]



Germany Real Wage Growth YoY Notes

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 - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.60 2.70 -1.40 2006 - 2016 percent Quarterly
NSA, 2010=100



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