Average hourly earnings of employees in Switzerland

Switzerland: Average hourly earnings of employees was 35.86 international-$ in 2021 prices in 2024. ▲ Rising

Latest (2024)
35.86 international-$ in 2021 prices
Change on year
up 0.7%
World rank
2nd
of 64 countries
All-time high
35.96 international-$ in 2021 prices
in 2022
All-time low
15.97 international-$ in 2021 prices
in 2011
Years of data
26
1999–2024

Average hourly earnings of employees in Switzerland, 1999–2024

0102030401999201120241999: 24.6 international-$ in 2021 prices2000: 32.6 international-$ in 2021 prices2001: 34.7 international-$ in 2021 prices2002: 32.3 international-$ in 2021 prices2003: 23.5 international-$ in 2021 prices2004: 19.7 international-$ in 2021 prices2005: 20 international-$ in 2021 prices2006: 20.4 international-$ in 2021 prices2007: 19.6 international-$ in 2021 prices2008: 17.2 international-$ in 2021 prices2009: 19 international-$ in 2021 prices2010: 18.9 international-$ in 2021 prices2011: 16 international-$ in 2021 prices2012: 19 international-$ in 2021 prices2013: 19.4 international-$ in 2021 prices2014: 20.2 international-$ in 2021 prices2015: 25.6 international-$ in 2021 prices2016: 26.3 international-$ in 2021 prices2017: 26.4 international-$ in 2021 prices2018: 26 international-$ in 2021 prices2019: 29.4 international-$ in 2021 prices2020: 29.8 international-$ in 2021 prices2021: 28.7 international-$ in 2021 prices2022: 36 international-$ in 2021 prices2023: 35.6 international-$ in 2021 prices2024: 35.9 international-$ in 2021 prices

Source: International Labour Organization (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

The most recent figure for average hourly earnings of employees in Switzerland is 35.86 international-$ in 2021 prices, measured in 2024.

The figure is up 0.7% on the previous year and up 77.5% over ten years.

Over the whole period, average hourly earnings of employees in Switzerland peaked at 35.96 international-$ in 2021 prices in 2022 and was at its lowest, 15.97 international-$ in 2021 prices, in 2011.

Switzerland ranks 2nd of 64 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 26 years of available data.

Average hourly earnings of employees in Switzerland, year by year

Annual values for Average hourly earnings of employees in Switzerland, 1999 to 2024.
Year international-$ in 2021 prices Change
1999 24.63 international-$ in 2021 prices
2000 32.58 international-$ in 2021 prices +32.3%
2001 34.73 international-$ in 2021 prices +6.6%
2002 32.25 international-$ in 2021 prices -7.1%
2003 23.55 international-$ in 2021 prices -27.0%
2004 19.71 international-$ in 2021 prices -16.3%
2005 19.97 international-$ in 2021 prices +1.3%
2006 20.42 international-$ in 2021 prices +2.3%
2007 19.57 international-$ in 2021 prices -4.2%
2008 17.25 international-$ in 2021 prices -11.9%
2009 18.95 international-$ in 2021 prices +9.9%
2010 18.94 international-$ in 2021 prices -0.1%
2011 15.97 international-$ in 2021 prices -15.7%
2012 19 international-$ in 2021 prices +18.9%
2013 19.36 international-$ in 2021 prices +1.9%
2014 20.2 international-$ in 2021 prices +4.3%
2015 25.63 international-$ in 2021 prices +26.9%
2016 26.28 international-$ in 2021 prices +2.6%
2017 26.42 international-$ in 2021 prices +0.5%
2018 25.99 international-$ in 2021 prices -1.6%
2019 29.36 international-$ in 2021 prices +13.0%
2020 29.83 international-$ in 2021 prices +1.6%
2021 28.65 international-$ in 2021 prices -4.0%
2022 35.96 international-$ in 2021 prices +25.5%
2023 35.59 international-$ in 2021 prices -1.0%
2024 35.86 international-$ in 2021 prices +0.7%

Switzerland compared with similar countries

  • Switzerland's 35.86 international-$ in 2021 prices is above the median for high income countries, which is 18.14 international-$ in 2021 prices, 2.0× the median. (21 countries reporting)
  • Switzerland's 35.86 international-$ in 2021 prices is above the median for Europe & Central Asia, which is 16.04 international-$ in 2021 prices, 2.2× the median. (17 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 24.63 international-$ in 2021 prices 24.63 international-$ in 2021 prices 24.63 international-$ in 2021 prices 1
2000s 23.9 international-$ in 2021 prices 17.25 international-$ in 2021 prices 34.73 international-$ in 2021 prices 10
2010s 22.72 international-$ in 2021 prices 15.97 international-$ in 2021 prices 29.36 international-$ in 2021 prices 10
2020s 33.18 international-$ in 2021 prices 28.65 international-$ in 2021 prices 35.96 international-$ in 2021 prices 5

Countries ranked near Switzerland

  1. 1 United States 43.49 international-$ in 2021 prices compare
  2. 3 Canada 33.04 international-$ in 2021 prices compare
  3. 4 Iceland 28.04 international-$ in 2021 prices compare
  4. 5 South Korea 27.58 international-$ in 2021 prices compare

See the full ranking of 64 places →

More reference data data for Switzerland

All data for Switzerland →

Frequently asked questions

What is average hourly earnings of employees in Switzerland?
Average hourly earnings of employees in Switzerland was 35.86 international-$ in 2021 prices in 2024, according to International Labour Organization (2026) – with major processing by Our World in Data.
What is the highest average hourly earnings of employees recorded in Switzerland?
The highest recorded value was 35.96 international-$ in 2021 prices in 2022.
What is the lowest average hourly earnings of employees recorded in Switzerland?
The lowest recorded value was 15.97 international-$ in 2021 prices in 2011.
How does Switzerland rank for average hourly earnings of employees?
Switzerland ranks 2nd out of 64 countries with data for 2024.
Is average hourly earnings of employees rising or falling in Switzerland?
Over the last ten years it is up 77.5%. The long-run trend across the full record is rising.
Where does this Switzerland data come from?
The figures come from International Labour Organization (2026) – with major processing by Our World in Data, published as part of Average hourly earnings of employees. Statizoid updates them automatically from the source API.

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Average hourly earnings of employees in Switzerland. Statizoid, drawing on International Labour Organization (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/average-hourly-earnings/switzerland/

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About this data

Indicator
Average hourly earnings of employees
Unit
international-$ in 2021 prices
Source
International Labour Organization (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
64 places, 923 data points, 1990–2025
Last refreshed

Gross remuneration for time worked or work done, vacation, and other types of paid leave.