The evolution of average wages in the overall economy or within a specific sector is measured by a wage index. This index is normalized to 100 in the base year 2020, and subsequent changes reflect variations in average wages over time. For instance, a value of 112 in 2023 (in nominal terms) indicates that average wages increased by 12% between 2020 and 2023 in nominal terms.

The next graph presents the evolution of the wage index in nominal and real (inflation-adjusted) terms.

The next graph presents the evolution of the wage index for the whole economy and separately for each economic sector.

The cost of employing workers includes the wages and salaries paid to employees plus the taxes paid to the government minus any employment subsidies received by the firm. The next graph shows the evolution of the Labor Cost Index and the Wage Index.

The next graph presents the evolution of average salaries in the public sector (general government).

Private-sector monthly salaries for full-time workers are documented by the social insurance system. The graph shows the average base salary in the private sector for full-time workers and separately for men and women.

Private-sector salaries differ significantly by firm size. The next graph presents the average base salary for full-time workers who are employed at first with 10 employees or more and at firms with fewer than 10 employees.

The graph shows the evolution of the national minimum wage.