Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0
Latest: Switzerland 14:30 SNB Chairman Thomas Jordan speaks Forecast: 0
Latest: Euro Area 10:00 EU Leaders Summit Forecast: 0
Latest: Kenya 14:00 GDP (QoQ) Forecast: 0 % Actual: -1.1%

Switzerland Wages: Minimum and Average

Switzerland Wages Data

Indicator Data Period
Wages 6304 CHF/Month | 6991.394 USD/Month 2019
Wage Growth  1.3 % 3Q/20


Latest data on Wages (CHF/Month)

Wages
                     Switzerland - Historical Data (CHF/Month)

What is average wage in Switzerland?

  • Average Wages in Switzerland increased to 6304 CHF/Month (6991.394 USD/Month) in 2019. The maximum rate of average wage for employees was 6304 CHF/Month and minimum was 5082 CHF/Month.
  • Data published Yearly by Federal Statistical Office.

Historical Data (CHF/Month) by years

Data
Period
Date
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 1.3 % in the third quarter of 2020 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
1.3 3Q/20 15.02.2021
0.9 4Q/19 08.07.2020
0.5 3Q/19 25.02.2020
0.5 2Q/19 29.10.2019
0.5 1Q/19 04.07.2019


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 2020 65 65
Unemployment Rate Apr/21 3.3 % 3.4
Job Vacancies Apr/21 49.331 K 40.561
Labor Force Participation Rate 3Q/20 68 % 66.9
Non Farm Payrolls  4Q/20 5135 K 5138

Wages in other countries

Country Updated Actual Previous
Austria 2019 3457.699 USD/Month 3361.753
Ireland 4Q/20 4105.03 USD/Month 3876.703
Luxembourg 2019 6663.995 USD/Month 6593.553
Spain 4Q/20 2503.097 USD/Month 2257.767
Iceland 2019 5593.254 USD/Month 5424.25
Norway 4Q/20 5830.156 USD/Month 5707.403
Belarus Mar/21 549.276 USD/Month 506.445
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Mar/21 931.469 USD/Month 888.621
Croatia Feb/21 1136.913 USD/Month 1127.382
Cyprus 4Q/20 2753.352 USD/Month 2324.621
Czech Republic 4Q/20 1837.661 USD/Month 1688.692
Denmark 2019 6955.181 USD/Month 6815.398
Estonia 4Q/20 1840.021 USD/Month 1750.146
Euro Area 3Q/20 2278.469 USD/Month 2114.506
Finland 4Q/20 4396.619 USD/Month 4378.401
France 2017 3745.628 USD/Month 3671.541
Germany 4Q/20 4898.222 USD/Month 4831.422
Hungary Feb/21 1374.404 USD/Month 1405.515
Italy 2019 3038.768 USD/Month 2999.903
Latvia Dec/20 1111.3 USD/Month 1038.428
Lithuania 4Q/20 1850.952 USD/Month 1767.149
Macedonia Feb/21 819.954 USD/Month 829.784
Malta 4Q/20 157.384 USD/Month 155.461
Moldova 4Q/20 498.4 USD/Month 454.185
Montenegro Mar/21 953.41 USD/Month 959.483
Poland 1Q/21 1523.798 USD/Month 1463.458
Portugal 2019 1442.868 USD/Month 1422.221
Romania Mar/21 1426.289 USD/Month 1355.283
Russia Feb/21 689.991 USD/Month 666.919
Serbia Feb/21 641.672 USD/Month 650.213
Slovakia Mar/21 1497.541 USD/Month 1379.729
Slovenia Feb/21 2363.515 USD/Month 2401.166
Sweden Feb/21 3530.531 USD/Month 3530.531
Switzerland 2019 6991.394 USD/Month 6929.288
Ukraine Mar/21 493.171 USD/Month 454.657
United Kingdom Aug/19 2798.54 USD/Month
Albania 4Q/20 542.164 USD/Month 521.089
Bosnia and Herzegovina Feb/21 922.886 USD/Month 931.558
Kosovo Dec/18 558.79 USD/Month 559.9