Hourly labour costs by NACE Rev. 1.1 activity in United Kingdom
United Kingdom: Hourly labour costs by NACE Rev. 1.1 activity was 23.37 in 2007. ▲ Rising
Latest (2007)
23.37
Change on year
up 2.5%
World rank
7th
of 28 countries
All-time high
24.66
in 2002
All-time low
17.46
in 1997
Years of data
11
1997–2007
Hourly labour costs by NACE Rev. 1.1 activity in United Kingdom, 1997–2007
Source: Eurostat.
Analysis
United Kingdom recorded 23.37 for hourly labour costs by nace rev. 1.1 activity in 2007.
That represents a change of up 2.5% on the previous year and up 33.8% over ten years.
Over the whole period, hourly labour costs by nace rev. 1.1 activity in United Kingdom peaked at 24.66 in 2002 and was at its lowest, 17.46, in 1997.
United Kingdom ranks 7th of 28 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Hourly labour costs by NACE Rev. 1.1 activity in United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 17.46 | — |
| 1998 | 18.89 | +8.2% |
| 1999 | 20.43 | +8.2% |
| 2000 | 23.27 | +13.9% |
| 2001 | 23.93 | +2.8% |
| 2002 | 24.66 | +3.1% |
| 2003 | 23.19 | -6.0% |
| 2004 | 24.49 | +5.6% |
| 2005 | 21.97 | -10.3% |
| 2006 | 22.81 | +3.8% |
| 2007 | 23.37 | +2.5% |
United Kingdom compared with similar countries
- United Kingdom's 23.37 is above the median for Europe & Central Asia, which is 12.84, 1.8× the median. (20 countries reporting)
- United Kingdom's 23.37 is above the median for high income countries, which is 12.71, 1.8× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.93 | 17.46 | 20.43 | 3 |
| 2000s | 23.46 | 21.97 | 24.66 | 8 |
Countries ranked near United Kingdom
More work & labour data for United Kingdom
- Persons outside the labour force (ILO modelled estimates) 22,956 (2027)
- Labour force participation rate (ILO modelled estimates) 60.91 (2027)
- Labour force (ILO modelled estimates) 35,770 (2027)
- Unemployment rate (ILO modelled estimates) 4.93 (2027)
- Labour dependency ratio 1.07 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 111,361 (2027)
- Output per worker, GDP constant 2015 US $ 100,223 (2027)
- Employment-to-population ratio (ILO modelled estimates) 57.91 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.47 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.4352 % change on previous year (2027)
Frequently asked questions
- What is hourly labour costs by nace rev. 1.1 activity in United Kingdom?
- Hourly labour costs by nace rev. 1.1 activity in United Kingdom was 23.37 in 2007, according to Eurostat.
- What is the highest hourly labour costs by nace rev. 1.1 activity recorded in United Kingdom?
- The highest recorded value was 24.66 in 2002.
- What is the lowest hourly labour costs by nace rev. 1.1 activity recorded in United Kingdom?
- The lowest recorded value was 17.46 in 1997.
- How does United Kingdom rank for hourly labour costs by nace rev. 1.1 activity?
- United Kingdom ranks 7th out of 28 countries with data for 2007.
- Is hourly labour costs by nace rev. 1.1 activity rising or falling in United Kingdom?
- Over the last ten years it is up 33.8%. The long-run trend across the full record is rising.
- Where does this United Kingdom data come from?
- The figures come from Eurostat, published as part of Hourly labour costs by NACE Rev. 1.1 activity. Statizoid updates them automatically from the source API.
Download this data
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