Labour cost index by NACE Rev. 1.1 activity - country weights in Greece

Greece: Labour cost index by NACE Rev. 1.1 activity - country weights was 12.9 in 2007. ▲ Rising

Latest (2007)
12.9
Change on year
up 4.0%
World rank
14th
of 29 countries
All-time high
12.9
in 2007
All-time low
7.1
in 1996
Years of data
12
1996–2007

Labour cost index by NACE Rev. 1.1 activity - country weights in Greece, 1996–2007

0510151996200120071996: 7.11997: 7.41998: 7.31999: 7.62000: 8.82001: 9.12002: 9.82003: 10.72004: 11.32005: 11.92006: 12.42007: 12.9

Source: Eurostat.

Analysis

Greece recorded 12.9 for labour cost index by nace rev. 1.1 activity - country weights in 2007. That is the highest value across all 12 years on record.

Compared with earlier readings it is up 4.0% on the previous year and up 74.3% over ten years.

Over the whole period, labour cost index by nace rev. 1.1 activity - country weights in Greece peaked at 12.9 in 2007 and was at its lowest, 7.1, in 1996.

Greece ranks 14th of 29 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 12 years of available data.

Labour cost index by NACE Rev. 1.1 activity - country weights in Greece, year by year

Annual values for Labour cost index by NACE Rev. 1.1 activity - country weights in Greece, 1996 to 2007.
Year Value Change
1996 7.1
1997 7.4 +4.2%
1998 7.3 -1.4%
1999 7.6 +4.1%
2000 8.8 +15.8%
2001 9.1 +3.4%
2002 9.8 +7.7%
2003 10.7 +9.2%
2004 11.3 +5.6%
2005 11.9 +5.3%
2006 12.4 +4.2%
2007 12.9 +4.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.35 7.1 7.6 4
2000s 10.86 8.8 12.9 8

Countries ranked near Greece

  1. 11 Poland 17.8 compare
  2. 12 Norway 17.4 compare
  3. 13 Finland 13.9 compare
  4. 15 Portugal 12.4 compare
  5. 16 Ireland 12.2 compare
  6. 17 Czechia 9.5 compare

See the full ranking of 29 places →

More work & labour data for Greece

All data for Greece →

Frequently asked questions

What is labour cost index by nace rev. 1.1 activity - country weights in Greece?
Labour cost index by nace rev. 1.1 activity - country weights in Greece was 12.9 in 2007, according to Eurostat.
What is the highest labour cost index by nace rev. 1.1 activity - country weights recorded in Greece?
The highest recorded value was 12.9 in 2007.
What is the lowest labour cost index by nace rev. 1.1 activity - country weights recorded in Greece?
The lowest recorded value was 7.1 in 1996.
How does Greece rank for labour cost index by nace rev. 1.1 activity - country weights?
Greece ranks 14th out of 29 countries with data for 2007.
Is labour cost index by nace rev. 1.1 activity - country weights rising or falling in Greece?
Over the last ten years it is up 74.3%. The long-run trend across the full record is rising.
Where does this Greece data come from?
The figures come from Eurostat, published as part of Labour cost index by NACE Rev. 1.1 activity - country weights. Statizoid updates them automatically from the source API.

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Labour cost index by NACE Rev. 1.1 activity - country weights in Greece. Statizoid, drawing on Eurostat. Retrieved 23 August 2026, from https://labour.statizoid.com/stat/labour-cost-index-by-nace-rev-1-1-activity-country-weights/greece/

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About this data

Indicator
Labour cost index by NACE Rev. 1.1 activity - country weights
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
29 places, 343 data points, 1996–2007
Last refreshed