Average annual earnings for full-time employees in the United Kingdom (UK) 2000-2019

The median annual earnings for full-time employees in the United Kingdom was approximately 30.35 thousand British pounds in 2019. Compared with 2000, when the median full-time earnings amounted to 18.85 thousand pounds, representing a net increase of 11.5 thousand pounds.

Young workers the hardest hit by recession

  Although the average salary has grown at a consistent rate, when adjusted for inflation, workers in the United Kingdom are financially worse off than they were prior to the 2008 financial crisis. In 2017, UK workers in their 30s earned 7.2 percent less than people that age nine years earlier, compared with a decline of just 0.7 percent for people in their 60s. At the same time, the minimum wage for younger workers under the age of 18 has increased at a slower pace than that of older workers.

Wage growth slows in late 2019

  In the second half of 2018, the average year-on-year growth of weekly earnings increased from 2.4 percent in June to 3.7 percent by December. This reasonably strong earnings growth continued throughout the first half of 2019, before earning growth fell to 2.8 percent in the last month of 2019.

Median annual earnings for full-time employees in the United Kingdom (UK) from 2000 to 2019

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Source

Release date

October 2019

Region

United Kingdom

Survey time period

2000 to 2019

Number of respondents

Approximately 1 percent of labour force

Age group

16 years and older

Method of interview

Postal questionnaire

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Statistics on "Earnings and wages in the UK"

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