Labour cost index by NACE Rev. 2 activity - country weights in Germany
Germany: Labour cost index by NACE Rev. 2 activity - country weights was 300.8 in 2024. ▲ Rising
Latest (2024)
300.8
Change on year
down 0.6%
World rank
3rd
of 42 countries
All-time high
324.7
in 2020
All-time low
281.8
in 2008
Years of data
17
2008–2024
Labour cost index by NACE Rev. 2 activity - country weights in Germany, 2008–2024
Source: Eurostat.
Analysis
In 2024, labour cost index by nace rev. 2 activity - country weights in Germany stood at 300.8.
Compared with earlier readings it is down 0.6% on the previous year and down 2.1% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - country weights in Germany peaked at 324.7 in 2020 and was at its lowest, 281.8, in 2008.
That places Germany 3rd out of 42 countries with data for 2024, putting it in the top 10%.
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 Germany, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 281.8 | — |
| 2009 | 286.4 | +1.6% |
| 2010 | 288.7 | +0.8% |
| 2011 | 290.5 | +0.6% |
| 2012 | 297.1 | +2.3% |
| 2013 | 300.8 | +1.2% |
| 2014 | 307.3 | +2.2% |
| 2015 | 314.3 | +2.3% |
| 2016 | 316.4 | +0.7% |
| 2017 | 318.6 | +0.7% |
| 2018 | 319.4 | +0.3% |
| 2019 | 318.3 | -0.3% |
| 2020 | 324.7 | +2.0% |
| 2021 | 317.5 | -2.2% |
| 2022 | 306.6 | -3.4% |
| 2023 | 302.5 | -1.3% |
| 2024 | 300.8 | -0.6% |
Germany compared with similar countries
- Germany's 300.8 is above the median for Europe & Central Asia, which is 13.1, 23.0× the median. (29 countries reporting)
- Germany's 300.8 is above the median for high income countries, which is 12.6, 23.9× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 284.1 | 281.8 | 286.4 | 2 |
| 2010s | 307.14 | 288.7 | 319.4 | 10 |
| 2020s | 310.42 | 300.8 | 324.7 | 5 |
Countries ranked near Germany
- 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
- 4 United Kingdom 192.6 compare
- 4 United Kingdom 192.6 compare
- 6 France 175 compare
More work & labour data for Germany
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.0436 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.0549 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.0322 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.95 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.0388 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 66,826 1000 No (2050)
- Population - Est. & Proj. — Rural population 12,413 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 35,391 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 35,508 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 70,900 1000 No (2100)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - country weights in Germany?
- Labour cost index by nace rev. 2 activity - country weights in Germany was 300.8 in 2024, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - country weights recorded in Germany?
- The highest recorded value was 324.7 in 2020.
- What is the lowest labour cost index by nace rev. 2 activity - country weights recorded in Germany?
- The lowest recorded value was 281.8 in 2008.
- How does Germany rank for labour cost index by nace rev. 2 activity - country weights?
- Germany ranks 3rd out of 42 countries with data for 2024.
- Is labour cost index by nace rev. 2 activity - country weights rising or falling in Germany?
- Over the last ten years it is down 2.1%. The long-run trend across the full record is rising.
- Where does this Germany 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
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