Labour cost index by NACE Rev. 2 activity - country weights in Greece

Greece: Labour cost index by NACE Rev. 2 activity - country weights was 10.6 in 2024. β–Ό Falling

Latest (2024)
10.6
Change on year
up 3.9%
World rank
19th
of 32 countries
All-time high
17.9
in 2009
All-time low
10.2
in 2023
Years of data
17
2008–2024

Labour cost index by NACE Rev. 2 activity - country weights in Greece, 2008–2024

051015202008201620242008: 17.32009: 17.92010: 16.82011: 152012: 13.52013: 12.32014: 12.12015: 11.42016: 11.32017: 112018: 10.92019: 10.72020: 10.72021: 10.62022: 10.52023: 10.22024: 10.6

Source: Eurostat.

Analysis

Greece recorded 10.6 for labour cost index by nace rev. 2 activity - country weights in 2024.

The figure is up 3.9% on the previous year and down 12.4% over ten years.

Over the whole period, labour cost index by nace rev. 2 activity - country weights in Greece peaked at 17.9 in 2009 and was at its lowest, 10.2, in 2023.

Greece ranks 19th of 32 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.6 17.3 17.9 2
2010s 12.5 10.7 16.8 10
2020s 10.52 10.2 10.7 5

Countries ranked near Greece

  1. 16 Romania 13.3 compare
  2. 17 Finland 13.1 compare
  3. 18 Czechia 12.1 compare
  4. 20 Portugal 10.4 compare
  5. 21 Hungary 9.4 compare
  6. 22 Slovak Republic 6.1 compare

See the full ranking of 39 places β†’

More work & labour data for Greece

All data for Greece β†’

Frequently asked questions

What is labour cost index by nace rev. 2 activity - country weights in Greece?
Labour cost index by nace rev. 2 activity - country weights in Greece was 10.6 in 2024, according to Eurostat.
What is the highest labour cost index by nace rev. 2 activity - country weights recorded in Greece?
The highest recorded value was 17.9 in 2009.
What is the lowest labour cost index by nace rev. 2 activity - country weights recorded in Greece?
The lowest recorded value was 10.2 in 2023.
How does Greece rank for labour cost index by nace rev. 2 activity - country weights?
Greece ranks 19th out of 32 countries with data for 2024.
Is labour cost index by nace rev. 2 activity - country weights rising or falling in Greece?
Over the last ten years it is down 12.4%. The long-run trend across the full record is falling.
Where does this Greece 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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Labour cost index by NACE Rev. 2 activity - country weights in Greece. Statizoid, drawing on Eurostat. Retrieved 18 August 2026, from https://labour.statizoid.com/stat/labour-cost-index-by-nace-rev-2-activity-country-weights/greece/

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About this data

Indicator
Labour cost index by NACE Rev. 2 activity - country weights
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
39 places, 626 data points, 2008–2024
Last refreshed