Labour cost index by NACE Rev. 2 activity - country weights in Spain
Spain: Labour cost index by NACE Rev. 2 activity - country weights was 81.8 in 2024. ▼ Falling
Latest (2024)
81.8
Change on year
up 0.5%
World rank
8th
of 42 countries
All-time high
95.1
in 2008
All-time low
75.7
in 2014
Years of data
17
2008–2024
Labour cost index by NACE Rev. 2 activity - country weights in Spain, 2008–2024
Source: Eurostat.
Analysis
In 2024, labour cost index by nace rev. 2 activity - country weights in Spain stood at 81.8.
That represents a change of up 0.5% on the previous year and up 8.1% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - country weights in Spain peaked at 95.1 in 2008 and was at its lowest, 75.7, in 2014.
That places Spain 8th out of 42 countries with data for 2024, putting it in the top quarter.
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 Spain, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 95.1 | — |
| 2009 | 93.4 | -1.8% |
| 2010 | 89.4 | -4.3% |
| 2011 | 86.2 | -3.6% |
| 2012 | 80.8 | -6.3% |
| 2013 | 77.4 | -4.2% |
| 2014 | 75.7 | -2.2% |
| 2015 | 75.8 | +0.1% |
| 2016 | 75.8 | +0.0% |
| 2017 | 76.2 | +0.5% |
| 2018 | 77.1 | +1.2% |
| 2019 | 78.1 | +1.3% |
| 2020 | 77.1 | -1.3% |
| 2021 | 77.2 | +0.1% |
| 2022 | 79.4 | +2.8% |
| 2023 | 81.4 | +2.5% |
| 2024 | 81.8 | +0.5% |
Spain compared with similar countries
- Spain's 81.8 is above the median for Europe & Central Asia, which is 13.1, 6.2× the median. (29 countries reporting)
- Spain's 81.8 is above the median for high income countries, which is 12.6, 6.5× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 94.25 | 93.4 | 95.1 | 2 |
| 2010s | 79.25 | 75.7 | 89.4 | 10 |
| 2020s | 79.38 | 77.1 | 81.8 | 5 |
Countries ranked near Spain
More work & labour data for Spain
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.527 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5576 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.4982 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.05 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.1207 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 39,073 1000 No (2050)
- Population - Est. & Proj. — Rural population 5,322 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 17,076 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 16,051 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 33,128 1000 No (2100)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - country weights in Spain?
- Labour cost index by nace rev. 2 activity - country weights in Spain was 81.8 in 2024, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - country weights recorded in Spain?
- The highest recorded value was 95.1 in 2008.
- What is the lowest labour cost index by nace rev. 2 activity - country weights recorded in Spain?
- The lowest recorded value was 75.7 in 2014.
- How does Spain rank for labour cost index by nace rev. 2 activity - country weights?
- Spain ranks 8th out of 42 countries with data for 2024.
- Is labour cost index by nace rev. 2 activity - country weights rising or falling in Spain?
- Over the last ten years it is up 8.1%. The long-run trend across the full record is falling.
- Where does this Spain 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).