In 2023, nominal wages in Switzerland were around 1.7 percent higher than in 2023. However, real wages fell by 0.4 percent compared to the previous year. This was due to the devaluation of the wages as a consequence of rising inflation. Real wages take price trends into account, while nominal wages reflect the absolute value.
Change in nominal and real wages in Switzerland from 2012 to 2023
(compared to the previous year)
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Bundesamt für Statistik (Schweiz). (April 24, 2024). Change in nominal and real wages in Switzerland from 2012 to 2023 (compared to the previous year) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1489013/wage-development-switzerland/
Bundesamt für Statistik (Schweiz). "Change in nominal and real wages in Switzerland from 2012 to 2023 (compared to the previous year)." Chart. April 24, 2024. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1489013/wage-development-switzerland/
Bundesamt für Statistik (Schweiz). (2024). Change in nominal and real wages in Switzerland from 2012 to 2023 (compared to the previous year). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1489013/wage-development-switzerland/
Bundesamt für Statistik (Schweiz). "Change in Nominal and Real Wages in Switzerland from 2012 to 2023 (Compared to The Previous Year)." Statista, Statista Inc., 24 Apr 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1489013/wage-development-switzerland/
Bundesamt für Statistik (Schweiz), Change in nominal and real wages in Switzerland from 2012 to 2023 (compared to the previous year) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1489013/wage-development-switzerland/ (last visited November 13, 2024)
Change in nominal and real wages in Switzerland from 2012 to 2023 (compared to the previous year) [Graph], Bundesamt für Statistik (Schweiz), April 24, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1489013/wage-development-switzerland/
