Labour cost index by NACE Rev. 2 activity - country weights in European Union - 28 countries (2013-2020)
European Union - 28 countries (2013-2020): Labour cost index by NACE Rev. 2 activity - country weights was 1,193 in 2018. ▬ Flat
Latest (2018)
1,193
Change on year
down 0.1%
Rank
1st
of 6 regions
All-time high
1,233
in 2015
All-time low
1,175
in 2009
Years of data
11
2008–2018
Labour cost index by NACE Rev. 2 activity - country weights in European Union - 28 countries (2013-2020), 2008–2018
Source: Eurostat.
Analysis
European Union - 28 countries (2013-2020) recorded 1,193 for labour cost index by nace rev. 2 activity - country weights in 2018.
Compared with earlier readings it is down 0.1% on the previous year and down 0.7% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - country weights in European Union - 28 countries (2013-2020) peaked at 1,233 in 2015 and was at its lowest, 1,175, in 2009.
Labour cost index by NACE Rev. 2 activity - country weights in European Union - 28 countries (2013-2020), year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 1,202 | — |
| 2009 | 1,175 | -2.2% |
| 2010 | 1,185 | +0.9% |
| 2011 | 1,181 | -0.4% |
| 2012 | 1,196 | +1.3% |
| 2013 | 1,191 | -0.4% |
| 2014 | 1,206 | +1.3% |
| 2015 | 1,233 | +2.2% |
| 2016 | 1,206 | -2.2% |
| 2017 | 1,195 | -1.0% |
| 2018 | 1,193 | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,188 | 1,175 | 1,202 | 2 |
| 2010s | 1,198 | 1,181 | 1,233 | 9 |
Countries ranked near European Union - 28 countries (2013-2020)
- 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
More work & labour data for European Union - 28 countries (2013-2020)
- Expenditure on unemployment function by type of benefit and 171,474 Million euro (2018)
- Tax rate on low wage earners - tax wedge on labour costs 37.9 Rate (2019)
- Annual net earnings 21,689 (2019)
- Labour cost index by NACE Rev. 2 activity - item weights 1,000 (2018)
- Tax rate on low wage earners - unemployment trap 72.1 Rate (2019)
- Annual net earnings of a full-time single worker without children 23,426 Purchasing power standard (PPS) (2019)
- Distribution of population aged 18 and over by part-time or full-time 17.8% (2019)
- Employed persons with information and communications technology (ICT) 2,946 Thousand (2019)
- Employed persons with information and communications technology (ICT) 2,946 Thousand (2019)
- Persons with information and communications technology (ICT) 3,148 Thousand (2019)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - country weights in European Union - 28 countries (2013-2020)?
- Labour cost index by nace rev. 2 activity - country weights in European Union - 28 countries (2013-2020) was 1,193 in 2018, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - country weights recorded in European Union - 28 countries (2013-2020)?
- The highest recorded value was 1,233 in 2015.
- What is the lowest labour cost index by nace rev. 2 activity - country weights recorded in European Union - 28 countries (2013-2020)?
- The lowest recorded value was 1,175 in 2009.
- How does European Union - 28 countries (2013-2020) rank for labour cost index by nace rev. 2 activity - country weights?
- European Union - 28 countries (2013-2020) ranks 1st out of 6 regions with data for 2018.
- Is labour cost index by nace rev. 2 activity - country weights rising or falling in European Union - 28 countries (2013-2020)?
- Over the last ten years it is down 0.7%. The long-run trend across the full record is flat.
- Where does this European Union - 28 countries (2013-2020) 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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