Average hourly labour cost per employee - Discontinued in Switzerland
Switzerland: Average hourly labour cost per employee - Discontinued was 63.62 in 2020. ▲ Rising
Average hourly labour cost per employee - Discontinued in Switzerland, 2000–2020
Source: International Labour Organization.
Analysis
In 2020, average hourly labour cost per employee - discontinued in Switzerland stood at 63.62. That is the highest value across all 11 years on record.
The figure is up 2.8% on the previous year and up 13.6% over ten years.
Over the whole period, average hourly labour cost per employee - discontinued in Switzerland peaked at 63.62 in 2020 and was at its lowest, 31.07, in 2000.
Switzerland ranks 20th of 50 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Average hourly labour cost per employee - Discontinued in Switzerland, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 31.07 | — |
| 2002 | 34.73 | +11.8% |
| 2004 | 33.42 | -3.8% |
| 2006 | 34.26 | +2.5% |
| 2008 | 35.46 | +3.5% |
| 2010 | 56.02 | +58.0% |
| 2012 | 61.8 | +10.3% |
| 2014 | 59.62 | -3.5% |
| 2016 | 60.6 | +1.6% |
| 2018 | 61.9 | +2.1% |
| 2020 | 63.62 | +2.8% |
Switzerland compared with similar countries
- Switzerland's 63.62 is above the median for Europe & Central Asia, which is 45.65, 1.4× the median. (38 countries reporting)
- Switzerland's 63.62 is above the median for high income countries, which is 44.84, 1.4× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.79 | 31.07 | 35.46 | 5 |
| 2010s | 59.99 | 56.02 | 61.9 | 5 |
| 2020s | 63.62 | 63.62 | 63.62 | 1 |
Countries ranked near Switzerland
More work & labour data for Switzerland
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.0651 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.0485 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.0817 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.4 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6452 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 8,038 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,842 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 4,568 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 4,558 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 9,126 1000 No (2100)
Frequently asked questions
- What is average hourly labour cost per employee - discontinued in Switzerland?
- Average hourly labour cost per employee - discontinued in Switzerland was 63.62 in 2020, according to International Labour Organization.
- What is the highest average hourly labour cost per employee - discontinued recorded in Switzerland?
- The highest recorded value was 63.62 in 2020.
- What is the lowest average hourly labour cost per employee - discontinued recorded in Switzerland?
- The lowest recorded value was 31.07 in 2000.
- How does Switzerland rank for average hourly labour cost per employee - discontinued?
- Switzerland ranks 20th out of 50 countries with data for 2020.
- Is average hourly labour cost per employee - discontinued rising or falling in Switzerland?
- Over the last ten years it is up 13.6%. The long-run trend across the full record is rising.
- Where does this Switzerland 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.
Download this data
CSV · JSON — 11 observations, free to reuse under ILO Terms of Use (attribution required).
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.