In 2020, the national minimum wage in Switzerland remained fixed at €3,670.2 per month, that is 44,042 euros per year, taking into account 12 payments per year.
If we look at the minimum salary in Swiss francs, which is the official currency in Switzerland, we can see that, this year, it was 3,983.6 Swiss francs and accordingly, the national minimum wage has been raised 207.4 Swiss francs per month from the previous year, 5.49%. This increase is greater than the CPI of 2019 which was 0.2%, so workers have gained buying power in the last year.
If we look at the ranking of the national minimum wage that we publish, Switzerland is the country with the highest minimum salary of the list.
The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.
In the table that follows we show you the progression of the National Minimum Wage Switzerland. You can see NMW in other countries in National Minimum Wage 2020 and see all the information about this country in Switzerland economy.