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Switzerland Wages: Minimum and Average

Switzerland Wages Data

Indicator Data Period
Wages 6712 CHF/Month | 7442.892 USD/Month 2022
Wage Growth  1.8 % 2Q/23


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 (7442.892 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 1.8 % in the second quarter of 2023 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
1.8 2Q/23 11.09.2023
1.8 1Q/23 15.06.2023
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


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 Sep/23 2 % 2
Job Vacancies Sep/23 44.936 K 45.353
Labor Force Participation Rate 2Q/23 83.9 % 83.5
Non Farm Payrolls  2Q/23 5432 K 5389

Wages in other countries

Country Updated Actual Previous
Austria 2021 2674.517 USD/Month 3100.997
Ireland 2Q/23 3861.659 USD/Month 3921.069
Luxembourg 2022 6692.128 USD/Month 6394.017
Spain 2Q/23 2400.806 USD/Month 2256.525
Iceland 2022 5859.446 USD/Month 5569.374
Norway 2Q/23 4976.271 USD/Month 4885.96
Belarus Aug/23 693.605 USD/Month 683.353
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Jun/23 1045.294 USD/Month 1049.634
Croatia Jul/23 1141 USD/Month 1150
Cyprus 2Q/23 2387.015 USD/Month 2388.076
Czech Republic 2Q/23 1865.756 USD/Month 1783.943
Denmark 2021 6341.338 USD/Month 6203.397
Estonia 2Q/23 1987.057 USD/Month 1847.019
Euro Area 1Q/23 2239.55 USD/Month 2198.175
Finland 2Q/23 4119.457 USD/Month 4049.438
France 2021 3523.234 USD/Month 3500.955
Germany 4Q/21 4349.671 USD/Month 4217.059
Hungary Jul/23 1537.104 USD/Month 1558.236
Italy 2022 2786.972 USD/Month 2656.482
Latvia Jun/23 1196.69 USD/Month 1198.812
Lithuania 2Q/23 2121.791 USD/Month 2079.355
Macedonia Jul/23 938.822 USD/Month 943.754
Malta 2Q/23 161.875 USD/Month 163.378
Moldova 2Q/23 670.134 USD/Month 632.158
Montenegro Aug/23 1055.591 USD/Month 1053.469
Poland 2Q/23 1644.292 USD/Month 1671.986
Portugal 2023 1107.575 USD/Month 1087.418
Romania Jul/23 1563.428 USD/Month 1573.471
Russia Jul/23 730.402 USD/Month 783.429
Serbia Jul/23 758.594 USD/Month 774.512
Slovakia Jul/23 1562.699 USD/Month 1607.257
Slovenia Jul/23 2336.092 USD/Month 2340.335
Sweden Jul/23 2832.482 USD/Month 2861.834
Switzerland 2022 7442.892 USD/Month 7376.358
Ukraine Jan/22 398.627 USD/Month 477.275
United Kingdom Aug/19 2798.54 USD/Month
Albania 2Q/23 712.412 USD/Month 650.128
Bosnia and Herzegovina Jul/23 1054.573 USD/Month 1059.998
Kosovo Dec/18 558.79 USD/Month 559.9