Monthly minimum wage (Local currency), annual growth rate in Germany

Germany: Monthly minimum wage (Local currency), annual growth rate was 8.42 % change on previous year in 2026. ◆ Volatile

Latest (2026)
8.42 % change on previous year
Change on year
up 61.7%
World rank
52nd
of 168 countries
All-time high
14.84 % change on previous year
in 2023
All-time low
-1.09 % change on previous year
in 2020
Years of data
11
2016–2026

Monthly minimum wage (Local currency), annual growth rate in Germany, 2016–2026

0510152016202120262016: 0 % change on previous year2017: 4.3 % change on previous year2018: 0 % change on previous year2019: 3.7 % change on previous year2020: -1.1 % change on previous year2021: 3.8 % change on previous year2022: 8.6 % change on previous year2023: 14.8 % change on previous year2024: 2.9 % change on previous year2025: 5.2 % change on previous year2026: 8.4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2026, monthly minimum wage (local currency), annual growth rate in Germany stood at 8.42 % change on previous year.

Compared with earlier readings it is up 61.7% on the previous year and up 124.2% over five years.

Over the whole period, monthly minimum wage (local currency), annual growth rate in Germany peaked at 14.84 % change on previous year in 2023 and was at its lowest, -1.09 % change on previous year, in 2020.

That places Germany 52nd out of 168 countries with data for 2026, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Monthly minimum wage (Local currency), annual growth rate in Germany, year by year

Annual values for Monthly minimum wage (Local currency), annual growth rate in Germany, 2016 to 2026.
Year % change on previous year Change
2016 0 % change on previous year
2017 4.29 % change on previous year
2018 0 % change on previous year -100.0%
2019 3.65 % change on previous year
2020 -1.09 % change on previous year -129.8%
2021 3.76 % change on previous year -444.9%
2022 8.55 % change on previous year +127.7%
2023 14.84 % change on previous year +73.5%
2024 2.85 % change on previous year -80.8%
2025 5.21 % change on previous year +82.5%
2026 8.42 % change on previous year +61.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.99 % change on previous year 0 % change on previous year 4.29 % change on previous year 4
2020s 6.08 % change on previous year -1.09 % change on previous year 14.84 % change on previous year 7

Countries ranked near Germany

  1. 49 South Africa 8.5 % change on previous year compare
  2. 50 Brazil 8.45 % change on previous year compare
  3. 51 Kyrgyzstan 8.43 % change on previous year compare
  4. 53 Croatia 8.25 % change on previous year compare
  5. 54 Ukraine 8.09 % change on previous year compare
  6. 55 Czechia 7.69 % change on previous year compare

See the full ranking of 168 places →

More work & labour data for Germany

All data for Germany →

Frequently asked questions

What is monthly minimum wage (local currency), annual growth rate in Germany?
Monthly minimum wage (local currency), annual growth rate in Germany was 8.42 % change on previous year in 2026, according to Statizoid (derived).
What is the highest monthly minimum wage (local currency), annual growth rate recorded in Germany?
The highest recorded value was 14.84 % change on previous year in 2023.
What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Germany?
The lowest recorded value was -1.09 % change on previous year in 2020.
How does Germany rank for monthly minimum wage (local currency), annual growth rate?
Germany ranks 52nd out of 168 countries with data for 2026.
Where does this Germany data come from?
The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.

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Monthly minimum wage (Local currency), annual growth rate in Germany. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency-annual-growth-rate/germany/

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How this figure is calculated

The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Monthly minimum wage (Local currency), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
168 places, 3,744 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.