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Switzerland Wages: Minimum and Average

Switzerland Wages Data

Indicator Data Period
Wages 6712 CHF/Month | 7422.234 USD/Month 2022
Wage Growth  0.9 % 4Q/22


Latest data on Wages (CHF/Month)

Wages
                     Switzerland - Historical Data (CHF/Month)

What is average wage in Switzerland?

  • Average Wages in Switzerland increased to 6712 CHF/Month (7422.234 USD/Month) in 2022. The maximum rate of average wage for employees was 6354 CHF/Month and minimum was 5082 CHF/Month.
  • Data published Yearly by Federal Statistical Office.

Historical Data (CHF/Month) by years

Data
Period
Date
6712 2022 24.05.2023
6652 2021 28.09.2022
6354 2020 29.06.2021
6304 2019 28.09.2020
6291 2018 23.05.2019
6260 2017 21.06.2018


Historical Chart by presidents (CHF/Month)

Wages in Switzerland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Thomas Jordan 18.04.2012 - 6260.0000 6260.0000 6260.0000 6260.0000 0.00%


Latest data on Wage Growth  (%)

Wage Growth 
                     Switzerland - Historical Data (%)

What is the growth rate of wages in Switzerland?

  • Wage Growth in Switzerland increased by 0.9 % in the forth quarter of 2022 over the same quarter in the previous year. The maximum growth was 7.8 % and minimum was 0.1 %
  • Data published Quarterly by Federal Statistical Office.

Historical Data (%) by years

Data
Period
Date
0.9 4Q/22 26.05.2023
1.1 3Q/22 19.01.2023
2 2Q/22 28.09.2022
0.1 3Q/21 16.03.2022
-0.8 2Q/21 21.09.2021
0.5 1Q/21 29.06.2021
1.3 3Q/20 15.02.2021
0.9 4Q/19 08.07.2020


Historical Chart by YoY presidents (%)

Wage Growth  in Switzerland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Switzerland

Index Updated Actual Previous
Retirement Age Men 2022 65 65
Unemployment Rate Apr/23 2 % 2
Job Vacancies Apr/23 50.572 K 54.172
Labor Force Participation Rate 4Q/22 83.5 % 83
Non Farm Payrolls  1Q/23 5389 K 5398

Wages in other countries

Country Updated Actual Previous
Austria 2021 2699.808 USD/Month 3130.321
Ireland 4Q/22 3855.628 USD/Month 3718.539
Luxembourg 2021 6287.752 USD/Month 5854.003
Spain 4Q/22 2428.916 USD/Month 2176.171
Iceland 2022 5796.847 USD/Month 5509.874
Norway 1Q/23 4896.816 USD/Month 4713.952
Belarus Apr/23 634.921 USD/Month 641.284
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Mar/23 1069.627 USD/Month 1002.262
Croatia Mar/23 1130 USD/Month 1106
Cyprus 4Q/22 2727.195 USD/Month 2219.461
Czech Republic 4Q/22 1961.534 USD/Month 1801.943
Denmark 2021 6405.662 USD/Month 6266.321
Estonia 4Q/22 1901.243 USD/Month 1798.415
Euro Area 4Q/22 2213.034 USD/Month 2180.899
Finland 4Q/22 4077.807 USD/Month 4063.882
France 2021 3557.274 USD/Month 3534.78
Germany 4Q/21 4391.696 USD/Month 4257.803
Hungary Mar/23 1665.332 USD/Month 1530.553
Italy 2021 2651 USD/Month 2506.4
Latvia Dec/22 1206.058 USD/Month 1107.517
Lithuania 1Q/23 2099.288 USD/Month 2035.024
Macedonia Mar/23 928.764 USD/Month 896.241
Malta 4Q/22 159.319 USD/Month 157.356
Moldova 4Q/22 650.238 USD/Month 600.029
Montenegro Mar/23 1038.866 USD/Month 1026.015
Poland 1Q/23 1687.228 USD/Month 1594.625
Portugal 2023 1097.877 USD/Month 1091.45
Romania Mar/23 1574.001 USD/Month 1477.92
Russia Feb/23 811.331 USD/Month 788.472
Serbia Mar/23 790.828 USD/Month 752.659
Slovakia Mar/23 1567.035 USD/Month 1434.218
Slovenia Mar/23 2347.674 USD/Month 2284.484
Sweden Feb/23 2795.654 USD/Month 2795.654
Switzerland 2022 7422.234 USD/Month 7355.885
Ukraine Jan/22 398.627 USD/Month 477.275
United Kingdom Aug/19 2798.54 USD/Month
Albania 4Q/22 650.855 USD/Month 607.464
Bosnia and Herzegovina Mar/23 1086.191 USD/Month 1042.005
Kosovo Dec/18 558.79 USD/Month 559.9