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Wage growth in 2020 Nominal wage increase of 0.8% in 2020 and real wage increase of 1.5%

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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).

You will find further information such as tables and graphs in the press releases in German, French and Italian. The English version only includes the lead of the press release.


 

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Nominal wage increase of 0.8% in 2020 and real wage increase of 1.5%
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