Finland vs New Zealand: Average hourly labour cost per employee - Discontinued
Average hourly labour cost per employee - Discontinued over time
- Finland
- New Zealand
How they compare
New Zealand currently reports 40.9 against 39.4 in Finland, a difference of 1.5.
The two have swapped places 1 time across 5 shared years of data; in 2016 it was Finland ahead.
Finland ranks 18th and New Zealand ranks 17th of 28 countries.
Across the 2 decades both report, Finland averaged higher in 1 and New Zealand in 1.
Head to head by decade
| Decade | Finland | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 33.7 | 29.8 | 3.9 | Finland |
| 2020s | 35.52 | 37.26 | 1.74 | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly labour cost per employee - discontinued, Finland or New Zealand?
- New Zealand, at 40.9 against 39.4 in Finland as of 2023.
- What is the difference in average hourly labour cost per employee - discontinued between Finland and New Zealand?
- 1.5, with New Zealand ahead.
- How many years of comparable data are there for Finland and New Zealand?
- 5 years are reported by both, from 2016 to 2023.
- How do Finland and New Zealand rank globally for average hourly labour cost per employee - discontinued?
- Finland ranks 18th and New Zealand ranks 17th of 28 countries.
- Where does this data come from?
- International Labour Organization, published as Average hourly labour cost per employee - Discontinued (Local currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Data on labour cost is presented, whenever possible, in nominal terms and on the basis of the mean hourly labour cost per employee. Labour cost is the cost incurred by the employer in the employment of labour in a specified reference period. It comprises remuneration for work performed, payments in respect of time paid for but not worked, bonuses and gratuities, the cost of food, drink and other payments in kind, cost of workers' housing borne by employers, employers' social security expenditures, cost to the employer for vocational training, welfare services and miscellaneous items, such as transport of workers, work clothes and recruitment, together with taxes regarded as labour cost. For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.