Labour cost index by NACE Rev. 1.1 activity - nominal value, annual in Romania
Romania: Labour cost index by NACE Rev. 1.1 activity - nominal value, annual was 523.4 Index, 2000=100 in 2008. ◆ Volatile
Labour cost index by NACE Rev. 1.1 activity - nominal value, annual in Romania, 1996–2008
Source: Eurostat. Measured in Index, 2000=100.
Analysis
Romania recorded 523.4 Index, 2000=100 for labour cost index by nace rev. 1.1 activity - nominal value, annual in 2008. That is the highest value across all 13 years on record.
The figure is up 23.7% on the previous year and up 1,063.1% over ten years.
Over the whole period, labour cost index by nace rev. 1.1 activity - nominal value, annual in Romania peaked at 523.4 Index, 2000=100 in 2008 and was at its lowest, 13.3 Index, 2000=100, in 1996.
That places Romania 1st out of 22 countries with data for 2008, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Labour cost index by NACE Rev. 1.1 activity - nominal value, annual in Romania, year by year
| Year | Index, 2000=100 | Change |
|---|---|---|
| 1996 | 13.3 Index, 2000=100 | — |
| 1997 | 27.5 Index, 2000=100 | +106.8% |
| 1998 | 45 Index, 2000=100 | +63.6% |
| 1999 | 67.2 Index, 2000=100 | +49.3% |
| 2000 | 100 Index, 2000=100 | +48.8% |
| 2001 | 146 Index, 2000=100 | +46.0% |
| 2002 | 183.5 Index, 2000=100 | +25.7% |
| 2003 | 217.8 Index, 2000=100 | +18.7% |
| 2004 | 254.7 Index, 2000=100 | +16.9% |
| 2005 | 291.5 Index, 2000=100 | +14.4% |
| 2006 | 353.6 Index, 2000=100 | +21.3% |
| 2007 | 423.2 Index, 2000=100 | +19.7% |
| 2008 | 523.4 Index, 2000=100 | +23.7% |
Romania compared with similar countries
- Romania's 523.4 Index, 2000=100 is above the median for Europe & Central Asia, which is 175.1 Index, 2000=100, 3.0× the median. (15 countries reporting)
- Romania's 523.4 Index, 2000=100 is above the median for high income countries, which is 175.1 Index, 2000=100, 3.0× the median. (15 countries reporting)
Biggest year-on-year movements
Years where Labour cost index by NACE Rev. 1.1 activity - nominal value, annual in Romania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +106.8% | 13.3 Index, 2000=100 | 27.5 Index, 2000=100 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 38.25 Index, 2000=100 | 13.3 Index, 2000=100 | 67.2 Index, 2000=100 | 4 |
| 2000s | 277.08 Index, 2000=100 | 100 Index, 2000=100 | 523.4 Index, 2000=100 | 9 |
Countries ranked near Romania
More work & labour data for Romania
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7777 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.7486 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.8063 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.18 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.1264 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 10,932 1000 No (2050)
- Population - Est. & Proj. — Rural population 5,465 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 5,408 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 5,360 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 10,768 1000 No (2100)
Frequently asked questions
- What is labour cost index by nace rev. 1.1 activity - nominal value, annual in Romania?
- Labour cost index by nace rev. 1.1 activity - nominal value, annual in Romania was 523.4 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 Romania?
- The highest recorded value was 523.4 Index, 2000=100 in 2008.
- What is the lowest labour cost index by nace rev. 1.1 activity - nominal value, annual recorded in Romania?
- The lowest recorded value was 13.3 Index, 2000=100 in 1996.
- How does Romania rank for labour cost index by nace rev. 1.1 activity - nominal value, annual?
- Romania ranks 1st 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 Romania?
- Over the last ten years it is up 1,063.1%. The long-run trend across the full record is volatile.
- Where does this Romania 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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