Labour cost index by NACE Rev. 1.1 activity - country weights (1.1) in Luxembourg
Luxembourg: Labour cost index by NACE Rev. 1.1 activity - country weights (1.1) was 3.1 in 2007. ▲ Rising
Labour cost index by NACE Rev. 1.1 activity - country weights in Luxembourg, 1996–2007
Source: Eurostat.
Analysis
Luxembourg recorded 3.1 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.
That represents a change of up 3.3% on the previous year and up 40.9% over ten years.
Over the whole period, labour cost index by nace rev. 1.1 activity - country weights in Luxembourg peaked at 3.1 in 2007 and was at its lowest, 2.2, in 1997.
Luxembourg ranks 25th 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 Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 2.3 | — |
| 1997 | 2.2 | -4.3% |
| 1998 | 2.2 | +0.0% |
| 1999 | 2.3 | +4.5% |
| 2000 | 2.4 | +4.3% |
| 2001 | 2.6 | +8.3% |
| 2002 | 2.7 | +3.8% |
| 2003 | 2.7 | +0.0% |
| 2004 | 2.8 | +3.7% |
| 2005 | 2.8 | +0.0% |
| 2006 | 3 | +7.1% |
| 2007 | 3.1 | +3.3% |
Luxembourg compared with similar countries
- Luxembourg's 3.1 is below the median for Europe & Central Asia, which is 12.65, 25% of the median. (28 countries reporting)
- Luxembourg's 3.1 is below the median for high income countries, which is 12.4, 25% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.25 | 2.2 | 2.3 | 4 |
| 2000s | 2.76 | 2.4 | 3.1 | 8 |
Countries ranked near Luxembourg
More work & labour data for Luxembourg
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.2379 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.2434 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.2321 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.8409 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.7733 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 756.65 1000 No (2050)
- Population - Est. & Proj. — Rural population 39.27 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 369.69 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 378.3 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 747.99 1000 No (2100)
Frequently asked questions
- What is labour cost index by nace rev. 1.1 activity - country weights in Luxembourg?
- Labour cost index by nace rev. 1.1 activity - country weights in Luxembourg was 3.1 in 2007, according to Eurostat.
- What is the highest labour cost index by nace rev. 1.1 activity - country weights recorded in Luxembourg?
- The highest recorded value was 3.1 in 2007.
- What is the lowest labour cost index by nace rev. 1.1 activity - country weights recorded in Luxembourg?
- The lowest recorded value was 2.2 in 1997.
- How does Luxembourg rank for labour cost index by nace rev. 1.1 activity - country weights?
- Luxembourg ranks 25th out of 37 countries with data for 2007.
- Is labour cost index by nace rev. 1.1 activity - country weights rising or falling in Luxembourg?
- Over the last ten years it is up 40.9%. The long-run trend across the full record is rising.
- Where does this Luxembourg 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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