Increase of 1.7% in nominal wages in 2023 and 0.4% decline in real wages

Summary:
25.04.2024 – The Swiss nominal wage index rose by an average of 1.7% in 2023 compared with 2022, to 102.4 points (base 2020 = 100). Given an average annual inflation rate of +2.1%, real wages fell by 0.4% (96.9 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. Download press release Increase of 1.7% in nominal wages in 2023 and 0.4% decline in real wages(PDF, 1 pages, 275 kB) Other languages FR IT DE Associated documents Wage evolution in 2023: Swiss wage index Tags woman man [embedded content]

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