Wage growth in 2020 Nominal wage increase of 0.8% in 2020 and real wage increase of 1.5%
Increase of 0.9% in nominal wages in 2022 and 1.9% decline in real wages
30.04.2021 - The Swiss nominal wage index rose by 0.8% on average in 2020 compared with 2019. It settled at 103.4 points (base 2015 = 100). Given an average annual inflation rate of –0.7%, real wages rose by 1.5% (102.6 points, base 2015 = 100) according to calculations by the Federal Statistical Office (FSO).
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