Labour cost index by NACE Rev. 2 activity - country weights by country
Countries reporting
42
Highest
1,194
European Union (EU6-1958, EU9-1973, EU10-1981, EU12-1986, EU15-1995, EU25-2004, EU27-2007, EU28-2013, EU27-2020)
Lowest
1.2
Malta
Median
12.6
Years covered
17
2008–2024
Data points
773
What the numbers show
Labour cost index by NACE Rev. 2 activity - country weights is currently reported for 42 countries. The highest value is 1,194 in European Union (EU6-1958, EU9-1973, EU10-1981, EU12-1986, EU15-1995, EU25-2004, EU27-2007, EU28-2013, EU27-2020); the lowest is 1.2 in Malta.
The median across all reporting countries is 12.6, and the mean is 86.64.
The gap between the highest and lowest reporting country is a factor of about 995.
Over the past decade 32 countries rose and 10 fell. The largest increase was in Romania (up 107.8%), and the largest decrease in Norway (down 25.9%).
Labour cost index by NACE Rev. 2 activity - country weights: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | European Union (EU6-1958, EU9-1973, EU10-1981, EU12-1986, EU15-1995, EU25-2004, EU27-2007, EU28-2013, EU27-2020) | 1,194 | 2018 | down 0.6% | flat |
| 2 | Euro area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023, EA21-2026) | 877.6 | 2018 | down 1.4% | flat |
| 3 | Germany | 300.8 | 2024 | down 2.1% | rising |
| 4 | United Kingdom | 192.6 | 2019 | up 11.0% | rising |
| 4 | United Kingdom | 192.6 | 2019 | up 11.0% | rising |
| 6 | France | 175 | 2024 | down 10.5% | falling |
| 7 | Italy | 97.5 | 2024 | down 10.9% | falling |
| 8 | Spain | 81.8 | 2024 | up 8.1% | falling |
| 9 | Netherlands | 68.4 | 2024 | up 4.9% | flat |
| 9 | Netherlands | 68.4 | 2024 | up 4.9% | flat |
| 11 | Poland | 36.4 | 2024 | up 54.9% | rising |
| 11 | Poland | 36.4 | 2024 | up 54.9% | rising |
| 13 | Sweden | 35.5 | 2024 | down 15.5% | rising |
| 14 | Austria | 32.6 | 2024 | up 3.2% | rising |
| 15 | Belgium | 29.3 | 2024 | down 5.2% | flat |
| 16 | Türkiye | 27 | 2024 | up 26.2% | rising |
| 17 | Norway | 26.1 | 2024 | down 25.9% | falling |
| 18 | Denmark | 20.6 | 2024 | up 1.5% | falling |
| 19 | Ireland | 17.8 | 2024 | up 34.8% | rising |
| 20 | Romania | 13.3 | 2024 | up 107.8% | rising |
| 21 | Finland | 13.1 | 2024 | down 12.7% | falling |
| 22 | Czechia | 12.1 | 2024 | up 4.3% | flat |
| 23 | Greece | 10.6 | 2024 | down 12.4% | falling |
| 24 | Portugal | 10.4 | 2024 | up 6.1% | falling |
| 25 | Hungary | 9.4 | 2024 | up 44.6% | rising |
| 26 | Slovakia | 6.1 | 2024 | up 32.6% | rising |
| 26 | Slovakia | 6.1 | 2024 | up 32.6% | rising |
| 28 | Luxembourg | 5.1 | 2024 | up 18.6% | rising |
| 29 | Bulgaria | 4.9 | 2024 | up 81.5% | rising |
| 30 | Lithuania | 4.3 | 2024 | up 87.0% | rising |
| 30 | Lithuania | 4.3 | 2024 | up 87.0% | rising |
| 32 | Croatia | 4 | 2024 | up 100.0% | rising |
| 32 | Croatia | 4 | 2024 | up 100.0% | rising |
| 34 | Slovenia | 3.4 | 2024 | up 25.9% | rising |
| 34 | Slovenia | 3.4 | 2024 | up 25.9% | rising |
| 36 | Estonia | 2.2 | 2024 | up 29.4% | rising |
| 36 | Latvia | 2.2 | 2024 | up 37.5% | rising |
| 36 | Estonia | 2.2 | 2024 | up 29.4% | rising |
| 36 | Latvia | 2.2 | 2024 | up 37.5% | rising |
| 40 | Cyprus | 2 | 2024 | up 33.3% | rising |
| 41 | Iceland | 1.8 | 2018 | up 80.0% | rising |
| 42 | Malta | 1.2 | 2024 | up 71.4% | rising |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.