Labour cost index by NACE Rev. 2 activity - country weights in Euro area – 20 countries (2023-2025)
Euro area – 20 countries (2023-2025): Labour cost index by NACE Rev. 2 activity - country weights was 867.8 in 2024. ▬ Flat
Latest (2024)
867.8
Change on year
down 0.4%
Rank
5th
of 6 regions
All-time high
897.9
in 2009
All-time low
867.8
in 2024
Years of data
17
2008–2024
Labour cost index by NACE Rev. 2 activity - country weights in Euro area – 20 countries (2023-2025), 2008–2024
Source: Eurostat.
Analysis
In 2024, labour cost index by nace rev. 2 activity - country weights in Euro area – 20 countries (2023-2025) stood at 867.8. That is the lowest value across all 17 years on record.
The figure is down 0.4% on the previous year and down 2.2% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - country weights in Euro area – 20 countries (2023-2025) peaked at 897.9 in 2009 and was at its lowest, 867.8, in 2024.
Labour cost index by NACE Rev. 2 activity - country weights in Euro area – 20 countries (2023-2025), year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 893.5 | — |
| 2009 | 897.9 | +0.5% |
| 2010 | 891.2 | -0.7% |
| 2011 | 888.6 | -0.3% |
| 2012 | 886.6 | -0.2% |
| 2013 | 885.1 | -0.2% |
| 2014 | 887.1 | +0.2% |
| 2015 | 885.7 | -0.2% |
| 2016 | 883.1 | -0.3% |
| 2017 | 882.7 | -0.0% |
| 2018 | 881.3 | -0.2% |
| 2019 | 878 | -0.4% |
| 2020 | 878.4 | +0.0% |
| 2021 | 873.7 | -0.5% |
| 2022 | 873.1 | -0.1% |
| 2023 | 871.3 | -0.2% |
| 2024 | 867.8 | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 895.7 | 893.5 | 897.9 | 2 |
| 2010s | 884.94 | 878 | 891.2 | 10 |
| 2020s | 872.86 | 867.8 | 878.4 | 5 |
Countries ranked near Euro area – 20 countries (2023-2025)
- 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 compare
- 3 Germany 300.8 compare
- 4 United Kingdom of Great Britain and Northern Ireland 192.6 compare
- 4 United Kingdom 192.6 compare
- 6 France 175.1 compare
- 7 Italy 97.5 compare
- 8 Spain 81.8 compare
More work & labour data for Euro area – 20 countries (2023-2025)
- Employment expectations indicators - monthly data 96.8 Index (2025)
- Population and employment - national accounts - quarterly data 352,767 Thousand persons (2026)
- Employment by main industry (NACE Rev.2) - national accounts 67.24 million Thousand hours worked (2026)
- Labour productivity and unit labour costs - quarterly data 104.36 Index, 2020=100 (2026)
- Population and employment - national accounts - annual data 352,258 Thousand persons (2025)
- Labour productivity and unit labour costs by industry 15.3 Euro (2025)
- Labour productivity and unit labour costs - annual data 51,903 Euro (2025)
- Employment by main industry (NACE Rev.2) - national accounts - annual 267.01 million Thousand hours worked (2025)
- Employment by detailed industry (NACE Rev.2) - national accounts 265.89 million Thousand hours worked (2024)
- Labour input in construction - quarterly data 107.7 Index, 2021=100 (2026)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - country weights in Euro area – 20 countries (2023-2025)?
- Labour cost index by nace rev. 2 activity - country weights in Euro area – 20 countries (2023-2025) was 867.8 in 2024, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - country weights recorded in Euro area – 20 countries (2023-2025)?
- The highest recorded value was 897.9 in 2009.
- What is the lowest labour cost index by nace rev. 2 activity - country weights recorded in Euro area – 20 countries (2023-2025)?
- The lowest recorded value was 867.8 in 2024.
- How does Euro area – 20 countries (2023-2025) rank for labour cost index by nace rev. 2 activity - country weights?
- Euro area – 20 countries (2023-2025) ranks 5th out of 6 regions with data for 2024.
- Is labour cost index by nace rev. 2 activity - country weights rising or falling in Euro area – 20 countries (2023-2025)?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is flat.
- Where does this Euro area – 20 countries (2023-2025) 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.
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