Average hourly labour cost per employee - Discontinued in North Macedonia
North Macedonia: Average hourly labour cost per employee - Discontinued was 292 in 2022. ▲ Rising
Average hourly labour cost per employee - Discontinued in North Macedonia, 2008–2022
Source: International Labour Organization.
Analysis
North Macedonia recorded 292 for average hourly labour cost per employee - discontinued in 2022.
The figure is down 4.6% on the previous year and up 36.0% over ten years.
Over the whole period, average hourly labour cost per employee - discontinued in North Macedonia peaked at 306.19 in 2020 and was at its lowest, 172, in 2008.
North Macedonia ranks 16th of 50 countries on this measure, in the middle of the range.
Average hourly labour cost per employee - Discontinued in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 172 | — |
| 2012 | 214.7 | +24.8% |
| 2016 | 221.6 | +3.2% |
| 2020 | 306.19 | +38.2% |
| 2022 | 292 | -4.6% |
North Macedonia compared with similar countries
- North Macedonia's 292 is above the median for Europe & Central Asia, which is 45.65, 6.4× the median. (38 countries reporting)
- North Macedonia's 292 is below the median for upper middle income countries, which is 834.5, 35% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 172 | 172 | 172 | 1 |
| 2010s | 218.15 | 214.7 | 221.6 | 2 |
| 2020s | 299.1 | 292 | 306.19 | 2 |
Countries ranked near North Macedonia
More work & labour data for North Macedonia
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.24 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -1.21 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.28 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.11 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.1782 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,405 1000 No (2050)
- Population - Est. & Proj. — Rural population 525.79 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 422.57 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 440.42 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 863 1000 No (2100)
Frequently asked questions
- What is average hourly labour cost per employee - discontinued in North Macedonia?
- Average hourly labour cost per employee - discontinued in North Macedonia was 292 in 2022, according to International Labour Organization.
- What is the highest average hourly labour cost per employee - discontinued recorded in North Macedonia?
- The highest recorded value was 306.19 in 2020.
- What is the lowest average hourly labour cost per employee - discontinued recorded in North Macedonia?
- The lowest recorded value was 172 in 2008.
- How does North Macedonia rank for average hourly labour cost per employee - discontinued?
- North Macedonia ranks 16th out of 50 countries with data for 2022.
- Is average hourly labour cost per employee - discontinued rising or falling in North Macedonia?
- Over the last ten years it is up 36.0%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from International Labour Organization, published as part of Average hourly labour cost per employee - Discontinued. Statizoid updates them automatically from the source API.
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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.