Labour cost index by NACE Rev. 2 activity - country weights in Austria
Austria: Labour cost index by NACE Rev. 2 activity - country weights was 32.6 in 2024. ▲ Rising
Labour cost index by NACE Rev. 2 activity - country weights in Austria, 2008–2024
Source: Eurostat.
Analysis
The most recent figure for labour cost index by nace rev. 2 activity - country weights in Austria is 32.6, measured in 2024. That is the highest value across all 17 years on record.
That represents a change of up 2.5% on the previous year and up 3.2% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - country weights in Austria peaked at 32.6 in 2024 and was at its lowest, 27.1, in 2008.
Austria ranks 14th of 42 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Labour cost index by NACE Rev. 2 activity - country weights in Austria, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 27.1 | — |
| 2009 | 27.1 | +0.0% |
| 2010 | 27.5 | +1.5% |
| 2011 | 28.1 | +2.2% |
| 2012 | 29.1 | +3.6% |
| 2013 | 31.1 | +6.9% |
| 2014 | 31.6 | +1.6% |
| 2015 | 31.3 | -0.9% |
| 2016 | 31.2 | -0.3% |
| 2017 | 31.4 | +0.6% |
| 2018 | 31.6 | +0.6% |
| 2019 | 31.3 | -0.9% |
| 2020 | 31.1 | -0.6% |
| 2021 | 30.9 | -0.6% |
| 2022 | 31.9 | +3.2% |
| 2023 | 31.8 | -0.3% |
| 2024 | 32.6 | +2.5% |
Austria compared with similar countries
- Austria's 32.6 is above the median for Europe & Central Asia, which is 13.1, 2.5× the median. (29 countries reporting)
- Austria's 32.6 is above the median for high income countries, which is 12.6, 2.6× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.1 | 27.1 | 27.1 | 2 |
| 2010s | 30.42 | 27.5 | 31.6 | 10 |
| 2020s | 31.66 | 30.9 | 32.6 | 5 |
Countries ranked near Austria
More work & labour data for Austria
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.2039 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.2126 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1955 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.71 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.5124 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 6,294 1000 No (2050)
- Population - Est. & Proj. — Rural population 2,584 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 3,691 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 3,708 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 7,399 1000 No (2100)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - country weights in Austria?
- Labour cost index by nace rev. 2 activity - country weights in Austria was 32.6 in 2024, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - country weights recorded in Austria?
- The highest recorded value was 32.6 in 2024.
- What is the lowest labour cost index by nace rev. 2 activity - country weights recorded in Austria?
- The lowest recorded value was 27.1 in 2008.
- How does Austria rank for labour cost index by nace rev. 2 activity - country weights?
- Austria ranks 14th out of 42 countries with data for 2024.
- Is labour cost index by nace rev. 2 activity - country weights rising or falling in Austria?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is rising.
- Where does this Austria data come from?
- The figures come from Eurostat, published as part of Labour cost index by NACE Rev. 2 activity - country weights. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).