Swiss wage index

Wage growth in 2023

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).

Nominal and real 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

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On this topic

Quarterly estimate

Wage growth in Switzerland. Quarterly estimates of wage growth for all employees.

Historical series

Wage growth in Switzerland since 1942. Indices and real and nominal change by sex for all employees.

Contact

Federal Statistical Office Section Wages and Working Conditions
Espace de l'Europe 10
CH-2010 Neuchâtel
Switzerland

Monday to Thursday
08.00–12.00 and 13.30–16.30

Friday
08.00–12.00 and 13.30–16.00

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https://www.bfs.admin.ch/content/bfs/en/home/statistics/work-income/wages-income-employment-labour-costs/trend-wages.html