Labour cost index by NACE Rev. 1.1 activity - nominal value, annual in Luxembourg
Luxembourg: Labour cost index by NACE Rev. 1.1 activity - nominal value, annual was 131.8 Index, 2000=100 in 2008. ▲ Rising
Latest (2008)
131.8 Index, 2000=100
Change on year
up 3.4%
World rank
20th
of 22 countries
All-time high
131.8 Index, 2000=100
in 2008
All-time low
89.2 Index, 2000=100
in 1996
Years of data
13
1996–2008
Labour cost index by NACE Rev. 1.1 activity - nominal value, annual in Luxembourg, 1996–2008
Source: Eurostat. Measured in Index, 2000=100.
Analysis
The most recent figure for labour cost index by nace rev. 1.1 activity - nominal value, annual in Luxembourg is 131.8 Index, 2000=100, measured in 2008. That is the highest value across all 13 years on record.
That represents a change of up 3.4% on the previous year and up 41.0% over ten years.
Over the whole period, labour cost index by nace rev. 1.1 activity - nominal value, annual in Luxembourg peaked at 131.8 Index, 2000=100 in 2008 and was at its lowest, 89.2 Index, 2000=100, in 1996.
Luxembourg ranks 20th of 22 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Labour cost index by NACE Rev. 1.1 activity - nominal value, annual in Luxembourg, year by year
| Year | Index, 2000=100 | Change |
|---|---|---|
| 1996 | 89.2 Index, 2000=100 | — |
| 1997 | 91.2 Index, 2000=100 | +2.2% |
| 1998 | 93.5 Index, 2000=100 | +2.5% |
| 1999 | 96 Index, 2000=100 | +2.7% |
| 2000 | 100 Index, 2000=100 | +4.2% |
| 2001 | 104.9 Index, 2000=100 | +4.9% |
| 2002 | 108.3 Index, 2000=100 | +3.2% |
| 2003 | 112.1 Index, 2000=100 | +3.5% |
| 2004 | 115.9 Index, 2000=100 | +3.4% |
| 2005 | 121.1 Index, 2000=100 | +4.5% |
| 2006 | 124.6 Index, 2000=100 | +2.9% |
| 2007 | 127.5 Index, 2000=100 | +2.3% |
| 2008 | 131.8 Index, 2000=100 | +3.4% |
Luxembourg compared with similar countries
- Luxembourg's 131.8 Index, 2000=100 is below the median for Europe & Central Asia, which is 175.1 Index, 2000=100, 75% of the median. (15 countries reporting)
- Luxembourg's 131.8 Index, 2000=100 is below the median for high income countries, which is 175.1 Index, 2000=100, 75% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 92.47 Index, 2000=100 | 89.2 Index, 2000=100 | 96 Index, 2000=100 | 4 |
| 2000s | 116.24 Index, 2000=100 | 100 Index, 2000=100 | 131.8 Index, 2000=100 | 9 |
Countries ranked near Luxembourg
- 17 Finland 137 Index, 2000=100 compare
- 18 Netherlands 133.2 Index, 2000=100 compare
- 18 Netherlands 133.2 Index, 2000=100 compare
- 21 Portugal 130.2 Index, 2000=100 compare
- 22 Germany 113.5 Index, 2000=100 compare
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 - nominal value, annual in Luxembourg?
- Labour cost index by nace rev. 1.1 activity - nominal value, annual in Luxembourg was 131.8 Index, 2000=100 in 2008, according to Eurostat.
- What is the highest labour cost index by nace rev. 1.1 activity - nominal value, annual recorded in Luxembourg?
- The highest recorded value was 131.8 Index, 2000=100 in 2008.
- What is the lowest labour cost index by nace rev. 1.1 activity - nominal value, annual recorded in Luxembourg?
- The lowest recorded value was 89.2 Index, 2000=100 in 1996.
- How does Luxembourg rank for labour cost index by nace rev. 1.1 activity - nominal value, annual?
- Luxembourg ranks 20th out of 22 countries with data for 2008.
- Is labour cost index by nace rev. 1.1 activity - nominal value, annual rising or falling in Luxembourg?
- Over the last ten years it is up 41.0%. 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 - nominal value, annual data. Statizoid updates them automatically from the source API.
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