Labour cost index by NACE: nominal value, quarterly … 1.1 quarterly in United Kingdom
United Kingdom: Labour cost index by NACE: nominal value, quarterly … 1.1 quarterly was 142 in 2008. ▲ Rising
Labour cost index by NACE Rev. 1.1 activity - nominal value in United Kingdom, 1996–2008
Source: Eurostat.
Analysis
United Kingdom recorded 142 for labour cost index by nace rev. 1.1 activity - nominal value in 2008. That is the highest value across all 13 years on record.
Compared with earlier readings it is up 5.8% on the previous year and up 59.2% over ten years.
Over the whole period, labour cost index by nace rev. 1.1 activity - nominal value in United Kingdom peaked at 142 in 2008 and was at its lowest, 78.4, in 1996.
That places United Kingdom 17th 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 United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 78.4 | — |
| 1997 | 85.1 | +8.5% |
| 1998 | 89.2 | +4.8% |
| 1999 | 92.8 | +4.0% |
| 2000 | 97.5 | +5.1% |
| 2001 | 101.8 | +4.4% |
| 2002 | 105.6 | +3.7% |
| 2003 | 110.7 | +4.8% |
| 2004 | 119.8 | +8.2% |
| 2005 | 125.3 | +4.6% |
| 2006 | 128.6 | +2.6% |
| 2007 | 134.2 | +4.4% |
| 2008 | 142 | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 86.38 | 78.4 | 92.8 | 4 |
| 2000s | 118.39 | 97.5 | 142 | 9 |
Countries ranked near United Kingdom
- 15 Portugal 148 compare
- 16 Luxembourg 143.8 compare
- 17 United Kingdom 142 compare
- 19 Finland 140.6 compare
- 20 Netherlands 140.4 compare
- 20 Netherlands 140.4 compare
More work & labour data for United Kingdom
- Employed persons by job tenure and NUTS 2 region 32,527 (2019)
- Employed persons by NUTS 2 region 32,527 (2019)
- Labour force by NUTS 2 region 33,796 (2019)
- Labour force participation rates by NUTS 2 region 69.8 (2019)
- Labour force by educational attainment level and NUTS 2 region 33,796 (2019)
- Employment rates by educational attainment level, country of birth 75.2 (2019)
- Labour force participation rates by educational attainment level 78.1 (2019)
- Population in private households by citizenship, labour status and 48,389 (2019)
- Employment rates by NUTS 2 region 67.2 (2019)
- Employment rates by educational attainment level, citizenship and 75.2 (2019)
Frequently asked questions
- What is labour cost index by nace rev. 1.1 activity - nominal value in United Kingdom?
- Labour cost index by nace rev. 1.1 activity - nominal value in United Kingdom was 142 in 2008, according to Eurostat.
- What is the highest labour cost index by nace rev. 1.1 activity - nominal value recorded in United Kingdom?
- The highest recorded value was 142 in 2008.
- What is the lowest labour cost index by nace rev. 1.1 activity - nominal value recorded in United Kingdom?
- The lowest recorded value was 78.4 in 1996.
- How does United Kingdom rank for labour cost index by nace rev. 1.1 activity - nominal value?
- United Kingdom ranks 17th out of 24 countries with data for 2008.
- Is labour cost index by nace rev. 1.1 activity - nominal value rising or falling in United Kingdom?
- Over the last ten years it is up 59.2%. The long-run trend across the full record is rising.
- Where does this United Kingdom 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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