Labour cost index by NACE: nominal value, quarterly … 1.1 quarterly in Luxembourg
Luxembourg: Labour cost index by NACE: nominal value, quarterly … 1.1 quarterly was 143.8 in 2008. ▲ Rising
Labour cost index by NACE Rev. 1.1 activity - nominal value in Luxembourg, 1996–2008
Source: Eurostat.
Analysis
In 2008, labour cost index by nace rev. 1.1 activity - nominal value in Luxembourg stood at 143.8. That is the highest value across all 13 years on record.
The figure is up 3.8% on the previous year and up 42.0% over ten years.
Over the whole period, labour cost index by nace rev. 1.1 activity - nominal value in Luxembourg peaked at 143.8 in 2008 and was at its lowest, 96.6, in 1996.
That places Luxembourg 16th out of 24 countries with data for 2008, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Labour cost index by NACE: nominal value, quarterly … 1.1 quarterly in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 96.6 | — |
| 1997 | 99.1 | +2.6% |
| 1998 | 101.3 | +2.2% |
| 1999 | 105.5 | +4.1% |
| 2000 | 109.7 | +4.0% |
| 2001 | 113.4 | +3.4% |
| 2002 | 118 | +4.1% |
| 2003 | 123 | +4.2% |
| 2004 | 128.4 | +4.4% |
| 2005 | 133.4 | +3.9% |
| 2006 | 136.3 | +2.2% |
| 2007 | 138.6 | +1.7% |
| 2008 | 143.8 | +3.8% |
Luxembourg compared with similar countries
- Luxembourg's 143.8 is below the median for Europe & Central Asia, which is 183.25, 78% of the median. (16 countries reporting)
- Luxembourg's 143.8 is below the median for high income countries, which is 183.25, 78% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 100.62 | 96.6 | 105.5 | 4 |
| 2000s | 127.18 | 109.7 | 143.8 | 9 |
Countries ranked near Luxembourg
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 in Luxembourg?
- Labour cost index by nace rev. 1.1 activity - nominal value in Luxembourg was 143.8 in 2008, according to Eurostat.
- What is the highest labour cost index by nace rev. 1.1 activity - nominal value recorded in Luxembourg?
- The highest recorded value was 143.8 in 2008.
- What is the lowest labour cost index by nace rev. 1.1 activity - nominal value recorded in Luxembourg?
- The lowest recorded value was 96.6 in 1996.
- How does Luxembourg rank for labour cost index by nace rev. 1.1 activity - nominal value?
- Luxembourg ranks 16th out of 24 countries with data for 2008.
- Is labour cost index by nace rev. 1.1 activity - nominal value rising or falling in Luxembourg?
- Over the last ten years it is up 42.0%. 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, quarterly data. Statizoid updates them automatically from the source API.
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