As of 2023, the average annual wage of Germany was 48,301 euros per year, a growth of almost 6,000 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. Comparisons with rest of the EU Within the European Union Luxembourg had an average annual salary of almost 80 thousand Euros, 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 39 thousand U.S dollars, meaning that German’s earned, on average, 20 percent more than what their Polish counterparts did. German economy slowing in 2023 While Germany initially had one of the strongest recoveries from the 2008 financial crash and as of 2020 had the largest economy in Europe its economy has started to slow in recent years. For 2023 the German economy is contracted by 0.26 percent, and while 2024 marked a slight improvement, the expectations are that 2025 remains a year of slow growth.

Germany had an average salary of 65.7 thousand U.S dollars per year in 2023, the highest among the five largest European economies. Germany has consistently had the highest wages in Europe over the last thirty years. Many countries in Europe experienced a significant decrease in their average wage level following the global financial crisis of 2008, with France and Germany bucking this trend by retaining robust wage growth. While British wages have stagnated since the crash, only surpassing their 2007 level in 2019, Italian and Spanish wages have in fact fallen, driven by the macroeconomic troubles of these countries since the Eurozone crisis.

Key information about Germany Monthly Earnings

• Germany Monthly Earnings stood at 5,369 USD in Dec 2024, compared with the previous figure of 5,026 USD in Sep 2024
• Germany Monthly Earnings data is updated quarterly, available from Mar 1991 to Dec 2024, with an average number of 3,739 USD
• The data reached the an all-time high of 5,369 USD in Dec 2024 and a record low of 2,213 USD in Jun 1991

CEIC calculates quarterly Monthly Earnings from quarterly Compensation per Employee divided by 3 and converts it into USD. Statistisches Bundesamt provides Compensation per Employee in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Monthly Earnings include wages and salaries and the employers' actual and imputed social contributions.


Further information about Germany Monthly Earnings

• In the latest reports, Germany Population reached 85 million people in Dec 2023
• Unemployment Rate of Germany remained the same at 3 % in Dec 2024
• The country's Labour Force Participation Rate increased to 56 % in Jun 2024

Wages in Germany increased to 4479 EUR/Month in 2023 from 4244 EUR/Month in 2022. This dataset provides the latest reported value for - Germany Average Gross Monthly Earnings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In April 2023, full-time employees in the financial and insurance activities sector had the highest average gross monthly earnings in Germany, at 5,841 euros. Other high-earning sectors in this ranking included information and communication and electricity, gas, steam, air conditioning supply.

In 2023, the average monthly wage of women in Germany was 4,000 euros. Men had a higher monthly salary at 4,702 euros. Generally, wages increased yearly.

The analysis of real wages has a long tradition in Germany. The focus of the acquisition is on company wages, on wages of certain branches or for categories of workers as well as on the investigation of long term aggregated nominal and real wages. The study of Ashok V. Desai on the development of real wages in the German Reich between 1871 and 1913 is an important contribution to historical research on wages. The study is innovative and methodically on an exemplary level. But mainly responsible for the upswing in the historical research on wages in the 50s and 60s is an extraordinary publication by Jürgen Kuczynski. “The new historical research on wages in Germany is insolubly connected with Jürgen Kuczynski. In his broad researches the history of wages is only one section among many other themes but it is a very important one can be seen as the core piece of his work.” (Kaufhold, K.H., 1987: Forschungen zur deutschen Preis- und Lohngeschichte (seit 1930). In: Historia Socialis et Oeconomica. Festschrift für Wolfgang Zorn zum 65. Geburtstag. Stuttgart: Franz Steiner Verlag, S, 83). In his first study on long series on nominal and real wages in Germany he used a broad empirical basis and encouraged more research in this area. His weaknesses are methodological inconsistencies and a restricted representativeness. For example he includes tariff wages but also actually paid wages. Some important industries like food or textile industry are not taken into account. Wages in agriculture were often estimated but without enough material necessary for a good estimation. Wages for work at home are not regraded in the calculation of the index. The weight of cities in the calculation of the index is relatively too high compared to rural regions and therefor it leaks regional representativeness. In his study Desai uses the reports of trade associations for the Reich´s insurance office on the persons who are insured in the accident insurance and their wages as a basis for the calculation of annual nominal average wages. Desais focusses on industrial wages because only for them long term series are available. As the insurance premiums are calculated according to the income level the documents of the trade associations can be used for the calculation of an index for wages development. Desais study is also very useful regarding the calculation of a new index for costs of living based the model of a typical worker family. „F. Grumbach and H. König have used the same sources to derive indices of industrial earnings. The main differences between their series and ours are: (a) we have adopted the industrial classification followed by the Reichsversicherungsamt, while Grumbach and König have made larger industrial groups, (b) we have calculated average annual earnings, while they claim to have calculated average daily earnings (i.e. to have adjusted the annual figures for the average number of days worked per year per worker), and (c) they have failed to correct distortions in the original data” (Desai, A.V., 1968: Real Wages in Germany 1871–1913. Oxford. Clarendon Press, S. 4).

Register of tables in HISTAT: A. Overviews A.1 Overview: Different estimations of the real and nominal gross wages in the German Reich, index 1913 = 100 (1871-1913) A.2 Overview: Development of costs of living, index 1913 = 100 (1871-1913) A.3 Overview: Development of nominal and real wages, index 1913=100 (1844-1937)

D. Study by Ashok V. Desai D.01 Different estimations of real wages in the German Reich, index 1895 = 100 (1871-1913) D.02 Annual average wage (1871-1886) D.03 Annual gross wages in chosen production segments (1887-1913) D.04 Annual average wage in industry, transportation and trade (1871-1913) D.05 Construction of an index for costs of living, 1895 = 100 (1871-1913) D.06 Real wages, in constant prices from 1895 (1871-1913) D.07 Wheat prices and prices for wheat bread (1872-1913) D.08 Rye prices and prices for rye bread (1872-1913) D.09 Average export prices by product groups, index 1895 = 100 (1872-1913) D.10 Average import prices by product groups, index 1895 = 100 (1872-1913) D.11 Average export prices, import prices and terms of trade, index 1895 = 100 (1872-1913)

O. Study by Thomas J. Orsagh O. Adjusted indices for costs of living and real wages after Orsgah, index 1913 = 100 (1871-1913)

The average net annual salary per employee in Germany amounted to around 30,665 euros in 2023. Approximately 18 percent of German households had a monthly net income of 5,000 euros or more that year.

Germany DE: Wages Index data was reported at 119.343 2010=100 in 2017. This records an increase from the previous number of 115.816 2010=100 for 2016. Germany DE: Wages Index data is updated yearly, averaging 98.357 2010=100 from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 119.343 2010=100 in 2017 and a record low of 83.569 2010=100 in 2000. Germany DE: Wages Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Germany – Table DE.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.

German law graduates holding a doctorate degree can currently expect the highest average gross starting salary in the country when they enter the job market. Other degrees with good earning prospects include medicine, computer science (also with a doctorate degree), and industrial engineering. In comparison, those who studied graphics/design, humanities and social sciences are at the bottom of the starting salary food chain. Law courses among most attended Law, economics and social sciences were the subject groups seeing the highest student numbers in German universities, totaling over one million in 2023/2024. Engineering and mathematics rounded up the top three. German universities offer a variety of internationally recognized degrees, the Bachelor being the most frequently taken type of final exam. Slow yearly salary increase Among selected countries in the European Union, Germany ranks ninth in terms of average annual wages. All the same, when studying the change in average annual pay specifically in Germany during the last decade, a slow, but steady increase is visible year after year, until the coronavirus (COVID-19) pandemic hit in 2020. Since then, the average wage has been decreasing and in 2023 was around the same level as in 2017.

About this dataset

Context

The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in New Germany. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.

Key observations: Insights from 2023

Based on our analysis ACS 2019-2023 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In New Germany, the median income for all workers aged 15 years and older, regardless of work hours, was $53,438 for males and $33,889 for females.

These income figures highlight a substantial gender-based income gap in New Germany. Women, regardless of work hours, earn 63 cents for each dollar earned by men. This significant gender pay gap, approximately 37%, underscores concerning gender-based income inequality in the city of New Germany.

- Full-time workers, aged 15 years and older: In New Germany, among full-time, year-round workers aged 15 years and older, males earned a median income of $62,778, while females earned $47,813, leading to a 24% gender pay gap among full-time workers. This illustrates that women earn 76 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.

Surprisingly, the gender pay gap percentage was higher across all roles, including non-full-time employment, for women compared to men. This suggests that full-time employment offers a more equitable income scenario for women compared to other employment patterns in New Germany.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Gender classifications include:

• Male
• Female

Employment type classifications include:

• Full-time, year-round: A full-time, year-round worker is a person who worked full time (35 or more hours per week) and 50 or more weeks during the previous calendar year.
• Part-time: A part-time worker is a person who worked less than 35 hours per week during the previous calendar year.

Variables / Data Columns

• Year: This column presents the data year. Expected values are 2010 to 2023
• Male Total Income: Annual median income, for males regardless of work hours
• Male FT Income: Annual median income, for males working full time, year-round
• Male PT Income: Annual median income, for males working part time
• Female Total Income: Annual median income, for females regardless of work hours
• Female FT Income: Annual median income, for females working full time, year-round
• Female PT Income: Annual median income, for females working part time

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New Germany median household income by race. You can refer the same here

The average net annual salary per employee in Germany amounted to around 32,367 euros in 2024. Around 7,500 German households had a monthly net income of 5,000 euros or more that year.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in New Germany, MN, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 30,969, while the mean income for the highest quintile (20% of households with the highest income) is 215,949. This indicates that the top earners earn 7 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 309,570, which is 143.35% higher compared to the highest quintile, and 999.61% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New Germany median household income. You can refer the same here

Full-time employees with an academic background earned an average annual salary of around 60,500 euros gross in Germany as of 2024. For university graduates, starting salaries varied depending on the field of study.

Germany DE: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data was reported at 89.680 % in 2021. This records an increase from the previous number of 88.524 % for 2020. Germany DE: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data is updated yearly, averaging 86.785 % from Dec 1991 to 2021, with 31 observations. The data reached an all-time high of 89.680 % in 2021 and a record low of 85.208 % in 2005. Germany DE: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.;International Labour Organization. “ILO modelled estimates database” ILOSTAT. Accessed January 2021. https://ilostat.ilo.org/data/.;Weighted average;

Germany Negotiated Wage & Salary Level: 1995=100: Monthly Basis (MB) data was reported at 113.300 1995=100 in Mar 2005. This records an increase from the previous number of 112.100 1995=100 for Feb 2005. Germany Negotiated Wage & Salary Level: 1995=100: Monthly Basis (MB) data is updated monthly, averaging 107.850 1995=100 from Feb 1999 (Median) to Mar 2005, with 74 observations. The data reached an all-time high of 179.400 1995=100 in Nov 2004 and a record low of 99.200 1995=100 in Feb 1999. Germany Negotiated Wage & Salary Level: 1995=100: Monthly Basis (MB) data remains active status in CEIC and is reported by Deutsche Bundesbank. The data is categorized under Global Database’s Germany – Table DE.G036: Wages and Salaries Level.

About this dataset

Context

The dataset illustrates the median household income in North Germany township, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2023, the median household income for North Germany township increased by $16,032 (34.81%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.

Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 8 years and declined for 5 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 0223

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2023
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2023 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for North Germany township median household income. You can refer the same here

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in New Germany: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 4(2.13%) households where the householder is under 25 years old, 81(43.09%) households with a householder aged between 25 and 44 years, 82(43.62%) households with a householder aged between 45 and 64 years, and 21(11.17%) households where the householder is over 65 years old.
• The age group of 25 to 44 years exhibits the highest median household income, while the largest number of households falls within the 45 to 64 years bracket. This distribution hints at economic disparities within the city of New Germany, showcasing varying income levels among different age demographics.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New Germany median household income by age. You can refer the same here

Germany Negotiated Wage & Salary Level: 1995=100: HB: Production Sector data was reported at 117.400 1995=100 in Mar 2005. This records an increase from the previous number of 113.700 1995=100 for Feb 2005. Germany Negotiated Wage & Salary Level: 1995=100: HB: Production Sector data is updated monthly, averaging 109.750 1995=100 from Feb 1999 (Median) to Mar 2005, with 74 observations. The data reached an all-time high of 185.100 1995=100 in Nov 2004 and a record low of 100.900 1995=100 in Mar 1999. Germany Negotiated Wage & Salary Level: 1995=100: HB: Production Sector data remains active status in CEIC and is reported by Deutsche Bundesbank. The data is categorized under Global Database’s Germany – Table DE.G036: Wages and Salaries Level.

The average net monthly salary in Germany amounted to 2,555 euros in 2023. Figures generally increased annually during the timeline shown in the graph. Germany recorded the highest average salaries compared to other leading EU economies.