Wages in Netherlands increased 6.90 percent in July of 2024 over the same month in the previous year. Wage Growth in Netherlands averaged 2.44 percent from 1991 until 2024, reaching an all time high of 6.90 percent in November of 2023 and a record low of 0.44 percent in May of 2005. source: Statistics Netherlands
Wage Growth in Netherlands is expected to be 6.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Netherlands Hourly Wage Growth YoY is projected to trend around 5.00 percent in 2025 and 3.40 percent in 2026, according to our econometric models.
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| Related | Last | Previous | Unit | Reference |
|---|---|---|---|---|
| Employed Persons | 9803.00 | 9816.00 | Thousand | Jul 2024 |
| Job Vacancies | 418.90 | 413.00 | Thousand | Jun 2024 |
| Labor Force Participation Rate | 76.00 | 76.10 | percent | Jul 2024 |
| Productivity | 102.79 | 103.11 | points | Dec 2023 |
| Unemployed Persons | 370.00 | 370.00 | Thousand | Jul 2024 |
| Unemployment Rate | 3.60 | 3.60 | percent | Jul 2024 |
| Wage Growth | 6.90 | 6.80 | percent | Jul 2024 |
| Wages in Manufacturing | 118.30 | 117.60 | points | Jul 2024 |
Netherlands Hourly Wage Growth YoY
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 6.90 | 6.80 | 6.90 | 0.44 | 1991 - 2024 | percent | Monthly | NSA |
Compare Wage Growth by Country
Related
Dutch Household Consumption Growth Rebounds in July
Dutch Manufacturing Shrinks the Most in 8 Months
Dutch Retail Sales Recover in July
Dutch Inflation Rate Edges Lower to 3.6%
Dutch Business Mood Rises to 15-Month High
Dutch Consumer Mood Remains Negative
Dutch Jobless Rate Steady at 3.6%
Dutch Trade Surplus Broadens in June
Dutch Economy Expands the Most in 2 Years
Dutch Manufacturing Output Growth at 4-Month High
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