Labour cost index by NACE: nominal value, annual data … 1.1 annual in Romania
Romania: Labour cost index by NACE: nominal value, annual data … 1.1 annual was 523.4 in 2008. ◆ Volatile
Labour cost index by NACE Rev. 1.1 activity - nominal value, annual in Romania, 1996–2008
Source: Eurostat.
Analysis
Romania recorded 523.4 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 in 2008 and was at its lowest, 13.3, 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: nominal value, annual data … 1.1 annual in Romania, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 13.3 | — |
| 1997 | 27.5 | +106.8% |
| 1998 | 45 | +63.6% |
| 1999 | 67.2 | +49.3% |
| 2000 | 100 | +48.8% |
| 2001 | 146 | +46.0% |
| 2002 | 183.5 | +25.7% |
| 2003 | 217.8 | +18.7% |
| 2004 | 254.7 | +16.9% |
| 2005 | 291.5 | +14.4% |
| 2006 | 353.6 | +21.3% |
| 2007 | 423.2 | +19.7% |
| 2008 | 523.4 | +23.7% |
Romania compared with similar countries
- Romania's 523.4 is above the median for Europe & Central Asia, which is 175.1, 3.0× the median. (15 countries reporting)
- Romania's 523.4 is above the median for high income countries, which is 175.1, 3.0× the median. (15 countries reporting)
Biggest year-on-year movements
Years where Labour cost index by NACE: nominal value, annual data … 1.1 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 | 27.5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 38.25 | 13.3 | 67.2 | 4 |
| 2000s | 277.08 | 100 | 523.4 | 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 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 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 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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