Labour cost index by NACE: nominal value, quarterly … 1.1 quarterly in Romania
Romania: Labour cost index by NACE: nominal value, quarterly … 1.1 quarterly was 568.9 in 2008. ◆ Volatile
Labour cost index by NACE Rev. 1.1 activity - nominal value in Romania, 1996–2008
Source: Eurostat.
Analysis
In 2008, labour cost index by nace rev. 1.1 activity - nominal value in Romania stood at 568.9. That is the highest value across all 13 years on record.
That represents a change of up 22.1% on the previous year and up 1,000.4% over ten years.
Over the whole period, labour cost index by nace rev. 1.1 activity - nominal value in Romania peaked at 568.9 in 2008 and was at its lowest, 16.8, in 1996.
Romania ranks 1st of 24 countries on this measure, 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, quarterly … 1.1 quarterly in Romania, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 16.8 | — |
| 1997 | 36.8 | +119.0% |
| 1998 | 51.7 | +40.5% |
| 1999 | 78.8 | +52.4% |
| 2000 | 124.3 | +57.7% |
| 2001 | 164.5 | +32.3% |
| 2002 | 198.9 | +20.9% |
| 2003 | 235.9 | +18.6% |
| 2004 | 272.5 | +15.5% |
| 2005 | 315.4 | +15.7% |
| 2006 | 397.7 | +26.1% |
| 2007 | 466 | +17.2% |
| 2008 | 568.9 | +22.1% |
Romania compared with similar countries
- Romania's 568.9 is above the median for Europe & Central Asia, which is 183.25, 3.1× the median. (16 countries reporting)
- Romania's 568.9 is above the median for high income countries, which is 183.25, 3.1× the median. (16 countries reporting)
Biggest year-on-year movements
Years where Labour cost index by NACE: nominal value, quarterly … 1.1 quarterly 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 | +119.0% | 16.8 | 36.8 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.02 | 16.8 | 78.8 | 4 |
| 2000s | 304.9 | 124.3 | 568.9 | 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 in Romania?
- Labour cost index by nace rev. 1.1 activity - nominal value in Romania was 568.9 in 2008, according to Eurostat.
- What is the highest labour cost index by nace rev. 1.1 activity - nominal value recorded in Romania?
- The highest recorded value was 568.9 in 2008.
- What is the lowest labour cost index by nace rev. 1.1 activity - nominal value recorded in Romania?
- The lowest recorded value was 16.8 in 1996.
- How does Romania rank for labour cost index by nace rev. 1.1 activity - nominal value?
- Romania ranks 1st out of 24 countries with data for 2008.
- Is labour cost index by nace rev. 1.1 activity - nominal value rising or falling in Romania?
- Over the last ten years it is up 1,000.4%. 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, quarterly data. Statizoid updates them automatically from the source API.
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