Average annual wages in Germany 2000-2018

As of 2018, the average annual wage of Germany was 40.5 thousand Euros per year, a growth of just over 5.8 thousand Euros when compared with 2000. From 2000 until 2007, wages rose by less than a thousand euros, with wage growth accelerating mainly in the period after 2010. The 607 Euro increase recorded between 2010 and 2011 was the largest wage rise seen during this period.

Comparisons with rest of the EU
Within the European Union Luxembourg had an average annual salary of over 71 thousand U.S dollars, with Germany having an annual salary comparable to other large European Countries, such as the United Kingdom and France. In neighboring Poland, the average annual salary was just over 13 thousand U.S dollars, meaning that German’s earned, on average, more than three times what their Polish counterparts did.

German economy slowing in 2019
While Germany initially had one of the strongest recoveries from the 2008 financial crash and as of 2018 had the largest economy in Europe its economy has started to slow in recent years. For 2019 the German economy is forecasted to grow at a rate of only 0.75 percent, compared with 2.46 percent in 2017. Although the economic outlook is set to improve slightly in 2020, it remains to be seen if the low levels of growth predicted in the coming years will have an impact on German wages.

Average annual wages in Germany from 2000 to 2018 (in euros)*

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Source

Release date

January 2020

Region

Germany

Survey time period

2000 to 2018

Supplementary notes

*At 2018 constant prices

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