Labour cost index by NACE Rev. 1.1 activity - country weights (1.1) in United Kingdom
United Kingdom: Labour cost index by NACE Rev. 1.1 activity - country weights (1.1) was 185.3 in 2007. ▲ Rising
Labour cost index by NACE Rev. 1.1 activity - country weights in United Kingdom, 1996–2007
Source: Eurostat.
Analysis
In 2007, labour cost index by nace rev. 1.1 activity - country weights in United Kingdom stood at 185.3.
That represents a change of down 1.2% on the previous year and up 12.1% over ten years.
Over the whole period, labour cost index by nace rev. 1.1 activity - country weights in United Kingdom peaked at 196.2 in 2000 and was at its lowest, 138.2, in 1996.
That places United Kingdom 2nd out of 37 countries with data for 2007, putting it in the top 10%.
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 United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 138.2 | — |
| 1997 | 165.3 | +19.6% |
| 1998 | 176.8 | +7.0% |
| 1999 | 183.2 | +3.6% |
| 2000 | 196.2 | +7.1% |
| 2001 | 194.4 | -0.9% |
| 2002 | 193.1 | -0.7% |
| 2003 | 181.3 | -6.1% |
| 2004 | 186.5 | +2.9% |
| 2005 | 186.8 | +0.2% |
| 2006 | 187.5 | +0.4% |
| 2007 | 185.3 | -1.2% |
United Kingdom compared with similar countries
- United Kingdom's 185.3 is above the median for Europe & Central Asia, which is 12.65, 14.6× the median. (28 countries reporting)
- United Kingdom's 185.3 is above the median for high income countries, which is 12.4, 14.9× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 165.88 | 138.2 | 183.2 | 4 |
| 2000s | 188.89 | 181.3 | 196.2 | 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 labour cost index by nace rev. 1.1 activity - country weights in United Kingdom?
- Labour cost index by nace rev. 1.1 activity - country weights in United Kingdom was 185.3 in 2007, according to Eurostat.
- What is the highest labour cost index by nace rev. 1.1 activity - country weights recorded in United Kingdom?
- The highest recorded value was 196.2 in 2000.
- What is the lowest labour cost index by nace rev. 1.1 activity - country weights recorded in United Kingdom?
- The lowest recorded value was 138.2 in 1996.
- How does United Kingdom rank for labour cost index by nace rev. 1.1 activity - country weights?
- United Kingdom ranks 2nd out of 37 countries with data for 2007.
- Is labour cost index by nace rev. 1.1 activity - country weights rising or falling in United Kingdom?
- Over the last ten years it is up 12.1%. 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 Labour cost index by NACE Rev. 1.1 activity - country weights. Statizoid updates them automatically from the source API.
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