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.
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Increase of 1.7% in nominal wages in 2023 and 0.4% decline in real wages
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Wage evolution in 2023: Swiss wage index
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