Labour cost index by NACE: nominal value, annual data … 1.1 annual in Luxembourg
Luxembourg: Labour cost index by NACE: nominal value, annual data … 1.1 annual was 131.8 in 2008. ▲ Rising
Labour cost index by NACE Rev. 1.1 activity - nominal value, annual in Luxembourg, 1996–2008
Source: Eurostat.
Analysis
The most recent figure for labour cost index by nace rev. 1.1 activity - nominal value, annual in Luxembourg is 131.8, 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 in 2008 and was at its lowest, 89.2, 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: nominal value, annual data … 1.1 annual in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 89.2 | — |
| 1997 | 91.2 | +2.2% |
| 1998 | 93.5 | +2.5% |
| 1999 | 96 | +2.7% |
| 2000 | 100 | +4.2% |
| 2001 | 104.9 | +4.9% |
| 2002 | 108.3 | +3.2% |
| 2003 | 112.1 | +3.5% |
| 2004 | 115.9 | +3.4% |
| 2005 | 121.1 | +4.5% |
| 2006 | 124.6 | +2.9% |
| 2007 | 127.5 | +2.3% |
| 2008 | 131.8 | +3.4% |
Luxembourg compared with similar countries
- Luxembourg's 131.8 is below the median for Europe & Central Asia, which is 175.1, 75% of the median. (15 countries reporting)
- Luxembourg's 131.8 is below the median for high income countries, which is 175.1, 75% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 92.47 | 89.2 | 96 | 4 |
| 2000s | 116.24 | 100 | 131.8 | 9 |
Countries ranked near Luxembourg
- 17 Finland 137 compare
- 18 Netherlands 133.2 compare
- 18 Netherlands 133.2 compare
- 21 Portugal 130.2 compare
- 22 Germany 113.5 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 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 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 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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