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Wage growth in 2022 Increase of 0.9% in nominal wages in 2022 and 1.9% decline in real wages

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Increase of 1.7% in nominal wages in 2023 and 0.4% decline in real wages

24.04.2023 - The Swiss nominal wage index rose by 0.9% on average in 2022 compared with 2021. It settled at 100.7 points (base 2020 = 100). Given an average annual inflation rate of +2.8%, real wages fell by 1.9% (97.3 points, base 2020 = 100) according to calculations by the Federal Statistical Office (FSO).

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Increase of 0.9% in nominal wages in 2022 and 1.9% decline in real wages
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Wage evolution in 2022: Swiss wage index


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