Labour cost index by NACE Rev. 2 activity - country weights in Euro area – 21 countries (from 2026)
Euro area – 21 countries (from 2026): Labour cost index by NACE Rev. 2 activity - country weights was 872.7 in 2024. ▬ Flat
Latest (2024)
872.7
Change on year
down 0.4%
Rank
4th
of 6 regions
All-time high
900.3
in 2009
All-time low
872.7
in 2024
Years of data
17
2008–2024
Labour cost index by NACE Rev. 2 activity - country weights in Euro area – 21 countries (from 2026), 2008–2024
Source: Eurostat.
Analysis
In 2024, labour cost index by nace rev. 2 activity - country weights in Euro area – 21 countries (from 2026) stood at 872.7. That is the lowest value across all 17 years on record.
That represents a change of down 0.4% on the previous year and down 1.9% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - country weights in Euro area – 21 countries (from 2026) peaked at 900.3 in 2009 and was at its lowest, 872.7, in 2024.
Labour cost index by NACE Rev. 2 activity - country weights in Euro area – 21 countries (from 2026), year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 895.7 | — |
| 2009 | 900.3 | +0.5% |
| 2010 | 893.5 | -0.8% |
| 2011 | 891 | -0.3% |
| 2012 | 889.1 | -0.2% |
| 2013 | 887.7 | -0.2% |
| 2014 | 889.8 | +0.2% |
| 2015 | 888.5 | -0.1% |
| 2016 | 886.1 | -0.3% |
| 2017 | 885.8 | -0.0% |
| 2018 | 884.5 | -0.1% |
| 2019 | 881.5 | -0.3% |
| 2020 | 882.1 | +0.1% |
| 2021 | 877.6 | -0.5% |
| 2022 | 877.4 | -0.0% |
| 2023 | 875.9 | -0.2% |
| 2024 | 872.7 | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 898 | 895.7 | 900.3 | 2 |
| 2010s | 887.75 | 881.5 | 893.5 | 10 |
| 2020s | 877.14 | 872.7 | 882.1 | 5 |
Countries ranked near Euro area – 21 countries (from 2026)
- 1 European Union (EU6-1958, EU9-1973, EU10-1981, EU12-1986, EU15-1995, EU25-2004, EU27-2007, EU28-2013, EU27-2020) 1,194 compare
- 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
More work & labour data for Euro area – 21 countries (from 2026)
- Employment rates by educational attainment level, country of birth 70.7% (2025)
- Labour force participation rates by educational attainment level 75.6% (2025)
- Labour force participation rates by educational attainment level 75.6% (2025)
- Population in private households by citizenship, labour status and 266,546 Thousand persons (2025)
- Population in private households by country of birth, labour status 266,546 Thousand persons (2025)
- Employed persons by NUTS 2 region 164,734 Thousand persons (2025)
- Employed persons by educational attainment level and NUTS 2 region 164,734 Thousand persons (2025)
- Employed persons by job tenure and NUTS 2 region 164,734 Thousand persons (2025)
- Average actual weekly hours worked in the main job of persons who 34.9 Hour (2025)
- Employment rates by educational attainment level, citizenship and 70.7% (2025)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - country weights in Euro area – 21 countries (from 2026)?
- Labour cost index by nace rev. 2 activity - country weights in Euro area – 21 countries (from 2026) was 872.7 in 2024, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - country weights recorded in Euro area – 21 countries (from 2026)?
- The highest recorded value was 900.3 in 2009.
- What is the lowest labour cost index by nace rev. 2 activity - country weights recorded in Euro area – 21 countries (from 2026)?
- The lowest recorded value was 872.7 in 2024.
- How does Euro area – 21 countries (from 2026) rank for labour cost index by nace rev. 2 activity - country weights?
- Euro area – 21 countries (from 2026) ranks 4th 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 – 21 countries (from 2026)?
- Over the last ten years it is down 1.9%. The long-run trend across the full record is flat.
- Where does this Euro area – 21 countries (from 2026) 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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