Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Finland

Finland: Labour cost index by NACE Rev. 2 activity - nominal value, annual data was 116.9 Index, 2020=100 in 2025. ▲ Rising

Latest (2025)
116.9 Index, 2020=100
Change on year
up 4.3%
World rank
36th
of 40 countries
All-time high
116.9 Index, 2020=100
in 2025
All-time low
59.1 Index, 2020=100
in 2000
Years of data
26
2000–2025

Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Finland, 2000–2025

02550751001252000201220252000: 59.1 Index, 2020=1002001: 63.4 Index, 2020=1002002: 65.8 Index, 2020=1002003: 68 Index, 2020=1002004: 70.5 Index, 2020=1002005: 73.4 Index, 2020=1002006: 75.7 Index, 2020=1002007: 80.9 Index, 2020=1002008: 84.6 Index, 2020=1002009: 87.2 Index, 2020=1002010: 88.2 Index, 2020=1002011: 89.8 Index, 2020=1002012: 92.9 Index, 2020=1002013: 94.8 Index, 2020=1002014: 96.3 Index, 2020=1002015: 97.7 Index, 2020=1002016: 98.2 Index, 2020=1002017: 96.7 Index, 2020=1002018: 97.8 Index, 2020=1002019: 99.3 Index, 2020=1002020: 100 Index, 2020=1002021: 103.4 Index, 2020=1002022: 106.3 Index, 2020=1002023: 109.9 Index, 2020=1002024: 112.1 Index, 2020=1002025: 116.9 Index, 2020=100

Source: Eurostat. Measured in Index, 2020=100.

Analysis

The most recent figure for labour cost index by nace rev. 2 activity - nominal value, annual data in Finland is 116.9 Index, 2020=100, measured in 2025. That is the highest value across all 26 years on record.

The figure is up 4.3% on the previous year and up 19.7% over ten years.

Over the whole period, labour cost index by nace rev. 2 activity - nominal value, annual data in Finland peaked at 116.9 Index, 2020=100 in 2025 and was at its lowest, 59.1 Index, 2020=100, in 2000.

Finland ranks 36th of 40 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 26 years of available data.

Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Finland, year by year

Annual values for Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Finland, 2000 to 2025.
Year Index, 2020=100 Change
2000 59.1 Index, 2020=100 —
2001 63.4 Index, 2020=100 +7.3%
2002 65.8 Index, 2020=100 +3.8%
2003 68 Index, 2020=100 +3.3%
2004 70.5 Index, 2020=100 +3.7%
2005 73.4 Index, 2020=100 +4.1%
2006 75.7 Index, 2020=100 +3.1%
2007 80.9 Index, 2020=100 +6.9%
2008 84.6 Index, 2020=100 +4.6%
2009 87.2 Index, 2020=100 +3.1%
2010 88.2 Index, 2020=100 +1.1%
2011 89.8 Index, 2020=100 +1.8%
2012 92.9 Index, 2020=100 +3.5%
2013 94.8 Index, 2020=100 +2.0%
2014 96.3 Index, 2020=100 +1.6%
2015 97.7 Index, 2020=100 +1.5%
2016 98.2 Index, 2020=100 +0.5%
2017 96.7 Index, 2020=100 -1.5%
2018 97.8 Index, 2020=100 +1.1%
2019 99.3 Index, 2020=100 +1.5%
2020 100 Index, 2020=100 +0.7%
2021 103.4 Index, 2020=100 +3.4%
2022 106.3 Index, 2020=100 +2.8%
2023 109.9 Index, 2020=100 +3.4%
2024 112.1 Index, 2020=100 +2.0%
2025 116.9 Index, 2020=100 +4.3%

Finland compared with similar countries

  • Finland's 116.9 Index, 2020=100 is below the median for Europe & Central Asia, which is 127.7 Index, 2020=100, 92% of the median. (29 countries reporting)
  • Finland's 116.9 Index, 2020=100 is below the median for high income countries, which is 127.5 Index, 2020=100, 92% of the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 72.86 Index, 2020=100 59.1 Index, 2020=100 87.2 Index, 2020=100 10
2010s 95.17 Index, 2020=100 88.2 Index, 2020=100 99.3 Index, 2020=100 10
2020s 108.1 Index, 2020=100 100 Index, 2020=100 116.9 Index, 2020=100 6

Countries ranked near Finland

  1. 33 Euro area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023, EA21-2026) 120.1 Index, 2020=100 compare
  2. 34 Sweden 119.9 Index, 2020=100 compare
  3. 35 Belgium 118.8 Index, 2020=100 compare
  4. 37 Spain 116.5 Index, 2020=100 compare
  5. 38 Denmark 115.3 Index, 2020=100 compare
  6. 39 France 115.1 Index, 2020=100 compare

See the full ranking of 44 places →

More work & labour data for Finland

All data for Finland →

Frequently asked questions

What is labour cost index by nace rev. 2 activity - nominal value, annual data in Finland?
Labour cost index by nace rev. 2 activity - nominal value, annual data in Finland was 116.9 Index, 2020=100 in 2025, according to Eurostat.
What is the highest labour cost index by nace rev. 2 activity - nominal value, annual data recorded in Finland?
The highest recorded value was 116.9 Index, 2020=100 in 2025.
What is the lowest labour cost index by nace rev. 2 activity - nominal value, annual data recorded in Finland?
The lowest recorded value was 59.1 Index, 2020=100 in 2000.
How does Finland rank for labour cost index by nace rev. 2 activity - nominal value, annual data?
Finland ranks 36th out of 40 countries with data for 2025.
Is labour cost index by nace rev. 2 activity - nominal value, annual data rising or falling in Finland?
Over the last ten years it is up 19.7%. The long-run trend across the full record is rising.
Where does this Finland data come from?
The figures come from Eurostat, published as part of Labour cost index by NACE Rev. 2 activity - nominal value, annual data. Statizoid updates them automatically from the source API.

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Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Finland. Statizoid, drawing on Eurostat. Retrieved 26 September 2026, from https://labour.statizoid.com/stat/labour-cost-index-by-nace-rev-2-activity-nominal-value-annual-data/finland/

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About this data

Indicator
Labour cost index by NACE Rev. 2 activity - nominal value, annual data
Unit
Index, 2020=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
44 places, 1,025 data points, 1996–2025
Last refreshed