Labour cost index by NACE Rev. 2 activity - country weights in Luxembourg
Luxembourg: Labour cost index by NACE Rev. 2 activity - country weights was 5.1 in 2024. ▲ Rising
Labour cost index by NACE Rev. 2 activity - country weights in Luxembourg, 2008–2024
Source: Eurostat.
Analysis
In 2024, labour cost index by nace rev. 2 activity - country weights in Luxembourg stood at 5.1.
Compared with earlier readings it is down 1.9% on the previous year and up 18.6% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - country weights in Luxembourg peaked at 5.2 in 2023 and was at its lowest, 3.5, in 2008.
That places Luxembourg 23rd out of 32 countries with data for 2024, putting it in the middle of the range.
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 Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 3.5 | — |
| 2009 | 3.7 | +5.7% |
| 2010 | 3.8 | +2.7% |
| 2011 | 3.9 | +2.6% |
| 2012 | 4 | +2.6% |
| 2013 | 4.1 | +2.5% |
| 2014 | 4.3 | +4.9% |
| 2015 | 4.3 | +0.0% |
| 2016 | 4.3 | +0.0% |
| 2017 | 4.4 | +2.3% |
| 2018 | 4.5 | +2.3% |
| 2019 | 4.6 | +2.2% |
| 2020 | 4.8 | +4.3% |
| 2021 | 4.9 | +2.1% |
| 2022 | 5 | +2.0% |
| 2023 | 5.2 | +4.0% |
| 2024 | 5.1 | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.6 | 3.5 | 3.7 | 2 |
| 2010s | 4.22 | 3.8 | 4.6 | 10 |
| 2020s | 5 | 4.8 | 5.2 | 5 |
Countries ranked near Luxembourg
More work & labour data for Luxembourg
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.2379 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.2434 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.2321 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.8409 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.7733 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 756.65 1000 No (2050)
- Population - Est. & Proj. — Rural population 39.27 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 369.69 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 378.3 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 747.99 1000 No (2100)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - country weights in Luxembourg?
- Labour cost index by nace rev. 2 activity - country weights in Luxembourg was 5.1 in 2024, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - country weights recorded in Luxembourg?
- The highest recorded value was 5.2 in 2023.
- What is the lowest labour cost index by nace rev. 2 activity - country weights recorded in Luxembourg?
- The lowest recorded value was 3.5 in 2008.
- How does Luxembourg rank for labour cost index by nace rev. 2 activity - country weights?
- Luxembourg ranks 23rd out of 32 countries with data for 2024.
- Is labour cost index by nace rev. 2 activity - country weights rising or falling in Luxembourg?
- Over the last ten years it is up 18.6%. The long-run trend across the full record is rising.
- Where does this Luxembourg 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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