Belgium vs Switzerland: Average hourly labour cost per employee - Discontinued
Average hourly labour cost per employee - Discontinued over time
- Belgium
- Switzerland
How they compare
Switzerland currently reports 63.62 against 48.2 in Belgium, a difference of 15.42.
That makes Switzerland's figure about 1.3 times Belgium's.
Across all 7 years both countries report, Switzerland has been ahead every year.
Belgium ranks 22nd and Switzerland ranks 20th of 50 countries.
Switzerland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Belgium | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 30.79 | 34.38 | 3.59 | Switzerland |
| 2010s | 37.11 | 59.47 | 22.36 | Switzerland |
| 2020s | 40.5 | 63.62 | 23.12 | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly labour cost per employee - discontinued, Belgium or Switzerland?
- Switzerland, at 63.62 against 48.2 in Belgium as of 2020.
- What is the difference in average hourly labour cost per employee - discontinued between Belgium and Switzerland?
- 15.42, with Switzerland ahead.
- How many years of comparable data are there for Belgium and Switzerland?
- 7 years are reported by both, from 2004 to 2020.
- How do Belgium and Switzerland rank globally for average hourly labour cost per employee - discontinued?
- Belgium ranks 22nd and Switzerland ranks 20th of 50 countries.
- Where does this data come from?
- International Labour Organization, published as Average hourly labour cost per employee - Discontinued. 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.