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
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).
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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Increase of 0.9% in nominal wages in 2022 and 1.9% decline in real wages
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