Labour cost index by NACE Rev. 1.1 activity - country weights (1.1) in Greece
Greece: Labour cost index by NACE Rev. 1.1 activity - country weights (1.1) was 12.9 in 2007. ▲ Rising
Labour cost index by NACE Rev. 1.1 activity - country weights in Greece, 1996–2007
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 17th of 37 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 (1.1) in Greece, year by year
| 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% |
Greece compared with similar countries
- Greece's 12.9 is above the median for Europe & Central Asia, which is 12.65, 1.0× the median. (28 countries reporting)
- Greece's 12.9 is above the median for high income countries, which is 12.4, 1.0× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.35 | 7.1 | 7.6 | 4 |
| 2000s | 10.86 | 8.8 | 12.9 | 8 |
Countries ranked near Greece
More work & labour data for Greece
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.6524 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6597 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6447 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.26 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.3231 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 8,753 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,228 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 3,061 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 3,215 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 6,276 1000 No (2100)
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 17th out of 37 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.
Download this data
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