Labour cost index by NACE Rev. 2 activity - country weights in Portugal
Portugal: Labour cost index by NACE Rev. 2 activity - country weights was 10.4 in 2024. ▼ Falling
Labour cost index by NACE Rev. 2 activity - country weights in Portugal, 2008–2024
Source: Eurostat.
Analysis
Portugal recorded 10.4 for labour cost index by nace rev. 2 activity - country weights in 2024.
That represents a change of up 4.0% on the previous year and up 6.1% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - country weights in Portugal peaked at 11.7 in 2009 and was at its lowest, 9, in 2019.
That places Portugal 20th out of 32 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Labour cost index by NACE Rev. 2 activity - country weights in Portugal, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 11.2 | — |
| 2009 | 11.7 | +4.5% |
| 2010 | 11.5 | -1.7% |
| 2011 | 11.1 | -3.5% |
| 2012 | 10 | -9.9% |
| 2013 | 10.1 | +1.0% |
| 2014 | 9.8 | -3.0% |
| 2015 | 10.2 | +4.1% |
| 2016 | 10.3 | +1.0% |
| 2017 | 10.4 | +1.0% |
| 2018 | 9.1 | -12.5% |
| 2019 | 9 | -1.1% |
| 2020 | 10.1 | +12.2% |
| 2021 | 9.7 | -4.0% |
| 2022 | 9.6 | -1.0% |
| 2023 | 10 | +4.2% |
| 2024 | 10.4 | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.45 | 11.2 | 11.7 | 2 |
| 2010s | 10.15 | 9 | 11.5 | 10 |
| 2020s | 9.96 | 9.6 | 10.4 | 5 |
Countries ranked near Portugal
More work & labour data for Portugal
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.0538 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.055 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.0528 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.28 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.1795 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 7,134 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,861 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 4,504 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 4,250 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 8,754 1000 No (2100)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - country weights in Portugal?
- Labour cost index by nace rev. 2 activity - country weights in Portugal was 10.4 in 2024, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - country weights recorded in Portugal?
- The highest recorded value was 11.7 in 2009.
- What is the lowest labour cost index by nace rev. 2 activity - country weights recorded in Portugal?
- The lowest recorded value was 9 in 2019.
- How does Portugal rank for labour cost index by nace rev. 2 activity - country weights?
- Portugal ranks 20th out of 32 countries with data for 2024.
- Is labour cost index by nace rev. 2 activity - country weights rising or falling in Portugal?
- Over the last ten years it is up 6.1%. The long-run trend across the full record is falling.
- Where does this Portugal 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
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).