The Swiss nominal wage index rose by an average of 1.7% in 2023 compared with 2022, to 102.4 points (base 2020 = 100). Given an average annual inflation rate of +2.1%, real wages fell by 0.4% (96.9 points, base 2020 = 100) according to calculations by the Federal Statistical Office (FSO).
Wage growth in 2023
| Nominal wages in % |
Real wages in % | ||
|---|---|---|---|
| Total economy | 1,7 | -0,4 |
|
| Inflation | 2,1% | ||
| Sector 2 | 2,1 | 0,0 | |
| Sector 3 | 1,6 | -0,5 | |
| Men | 1,7 | -0,4 |
|
| Women | 1,8 | -0,3 |
|
Further information
Statistical sources and concepts
Contact
Federal Statistical Office Section Wages and Working ConditionsEspace de l'Europe 10
CH-2010 Neuchâtel
Switzerland