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

Sweden: Labour cost index by NACE Rev. 2 activity - country weights was 35.5 in 2024. ▲ Rising

Latest (2024)
35.5
Change on year
down 2.2%
World rank
10th
of 32 countries
All-time high
43.2
in 2013
All-time low
31.4
in 2008
Years of data
17
2008–2024

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

0102030402008201620242008: 31.42009: 322010: 362011: 39.42012: 42.12013: 43.22014: 422015: 41.42016: 42.42017: 41.72018: 39.42019: 38.22020: 392021: 40.72022: 39.22023: 36.32024: 35.5

Source: Eurostat.

Analysis

The most recent figure for labour cost index by nace rev. 2 activity - country weights in Sweden is 35.5, measured in 2024.

Compared with earlier readings it is down 2.2% on the previous year and down 15.5% over ten years.

Over the whole period, labour cost index by nace rev. 2 activity - country weights in Sweden peaked at 43.2 in 2013 and was at its lowest, 31.4, in 2008.

Sweden ranks 10th of 32 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 31.7 31.4 32 2
2010s 40.58 36 43.2 10
2020s 38.14 35.5 40.7 5

Countries ranked near Sweden

  1. 7 Spain 81.8 compare
  2. 8 Netherlands 68.4 compare
  3. 9 Poland 36.4 compare
  4. 11 Austria 32.6 compare
  5. 12 Belgium 29.3 compare
  6. 13 Norway 26.1 compare

See the full ranking of 39 places →

More work & labour data for Sweden

All data for Sweden →

Frequently asked questions

What is labour cost index by nace rev. 2 activity - country weights in Sweden?
Labour cost index by nace rev. 2 activity - country weights in Sweden was 35.5 in 2024, according to Eurostat.
What is the highest labour cost index by nace rev. 2 activity - country weights recorded in Sweden?
The highest recorded value was 43.2 in 2013.
What is the lowest labour cost index by nace rev. 2 activity - country weights recorded in Sweden?
The lowest recorded value was 31.4 in 2008.
How does Sweden rank for labour cost index by nace rev. 2 activity - country weights?
Sweden ranks 10th out of 32 countries with data for 2024.
Is labour cost index by nace rev. 2 activity - country weights rising or falling in Sweden?
Over the last ten years it is down 15.5%. The long-run trend across the full record is rising.
Where does this Sweden 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 Sweden. Statizoid, drawing on Eurostat. Retrieved 21 August 2026, from https://labour.statizoid.com/stat/labour-cost-index-by-nace-rev-2-activity-country-weights/sweden/

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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