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.

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 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.

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

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.

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.

The average gross monthly salary in Germany amounted to 3,667 euros in 2023. Figures generally increased annually during the timeline displayed. Germany thus far recorded the highest average salaries compared to other leading EU economies.

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.

In 2023, men in Germany who were employed full-time earned a monthly average of 4,702 euros. This figure has been increasing during the whole period displayed. The timeline at hand shows the average monthly gross earnings of men employed full-time in Germany from 1991 to 2023.

Germany IES: Average Monthly Household Income (AMHI): Gross Income data was reported at 4,846.000 EUR in 2018. This records an increase from the previous number of 4,086.000 EUR for 2013. Germany IES: Average Monthly Household Income (AMHI): Gross Income data is updated yearly, averaging 3,707.000 EUR from Dec 1998 (Median) to 2018, with 5 observations. The data reached an all-time high of 4,846.000 EUR in 2018 and a record low of 3,299.000 EUR in 1998. Germany IES: Average Monthly Household Income (AMHI): Gross Income data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.H023: Household Income and Expenditure Survey.

Explore the progression of average salaries for graduates in German Studies And Literature from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of German Studies And Literature relative to other fields. This data is essential for students assessing the return on investment of their education in German Studies And Literature, providing a clear picture of financial prospects post-graduation.

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)

In 2024, banks recorded the highest average gross annual salaries for full-time employees at around 65,500 euros. Other leading industries included aviation and aerospace, as well as pharma. Regarding average monthly salaries, Germany ranks in the top ten countries worldwide.

Explore the progression of average salaries for graduates in German Languate And Literature from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of German Languate And Literature relative to other fields. This data is essential for students assessing the return on investment of their education in German Languate And Literature, providing a clear picture of financial prospects post-graduation.

Minimum Wages in Germany increased to 12.82 EUR/Hour in 2025 from 12.41 EUR/Hour in 2024. This dataset provides - Germany Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

This study examines the short-term effects of the introduction of a statutory minimum wage in Germany on hourly wages, monthly wages and paid working hours. We exploit a novel panel dataset by linking the Structure of Earnings Survey (SES) 2014 and the Earn-ings Survey (ES) 2015 and apply a difference-in-differences approach at the establishment level. The results indicate an effect of the introduction of the statutory minimum wage on the average hourly wages of employees in minimum wage establishments of up to 5.9 percent. Due to negative effects on average working time of approximately minus 3.1 percent, the effects on monthly gross earnings are smaller but still amount to up to 2.7 percent on aver-age. The results further suggest that the minimum wage effects on earnings were greater among low-wage employees than on average, in eastern Germany than in western Germany, and among part-time employees and marginal employees than among full-time employees.

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.

Explore the progression of average salaries for graduates in German And Business Administration (Dual Major) from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of German And Business Administration (Dual Major) relative to other fields. This data is essential for students assessing the return on investment of their education in German And Business Administration (Dual Major), providing a clear picture of financial prospects post-graduation.

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.

This paper updates and deepens our understanding of the wage performance of immigrants in Germany. Using the German Socio-Economic Panel, it documents that immigrant workers initially earn on average 20 percent less than native workers with otherwise identical characteristics. The gap is smaller for immigrants from advanced countries, with good German language skills, and with a German degree, and larger for others. The gap declines gradually over time but at a decreasing rate and much faster for more recent cohorts. Less success in obtaining jobs with higher occupational autonomy explains half of the wage gap.