Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Greece
Greece: Labour cost index by NACE Rev. 2 activity - nominal value, annual data was 125.5 in 2025. ▲ Rising
Latest (2025)
125.5
Change on year
up 8.3%
World rank
27th
of 41 countries
All-time high
125.5
in 2025
All-time low
78.4
in 2000
Years of data
26
2000–2025
Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Greece, 2000–2025
Source: Eurostat.
Analysis
The most recent figure for labour cost index by nace rev. 2 activity - nominal value, annual data in Greece is 125.5, measured in 2025. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 8.3% on the previous year and up 41.3% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - nominal value, annual data in Greece peaked at 125.5 in 2025 and was at its lowest, 78.4, in 2000.
That places Greece 27th out of 41 countries with data for 2025, putting it in the middle of the range.
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 Greece, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 78.4 | — |
| 2001 | 81.4 | +3.8% |
| 2002 | 91.2 | +12.0% |
| 2003 | 97.4 | +6.8% |
| 2004 | 101.5 | +4.2% |
| 2005 | 101 | -0.5% |
| 2006 | 99.3 | -1.7% |
| 2007 | 104.9 | +5.6% |
| 2008 | 109.8 | +4.7% |
| 2009 | 109.6 | -0.2% |
| 2010 | 111.3 | +1.6% |
| 2011 | 105.7 | -5.0% |
| 2012 | 96.3 | -8.9% |
| 2013 | 89 | -7.6% |
| 2014 | 90 | +1.1% |
| 2015 | 88.8 | -1.3% |
| 2016 | 90.5 | +1.9% |
| 2017 | 92 | +1.7% |
| 2018 | 95.1 | +3.4% |
| 2019 | 97.1 | +2.1% |
| 2020 | 100 | +3.0% |
| 2021 | 99.3 | -0.7% |
| 2022 | 103.3 | +4.0% |
| 2023 | 109.5 | +6.0% |
| 2024 | 115.9 | +5.8% |
| 2025 | 125.5 | +8.3% |
Greece compared with similar countries
- Greece's 125.5 is below the median for Europe & Central Asia, which is 127.7, 98% of the median. (29 countries reporting)
- Greece's 125.5 is below the median for high income countries, which is 127.5, 98% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 97.45 | 78.4 | 109.8 | 10 |
| 2010s | 95.58 | 88.8 | 111.3 | 10 |
| 2020s | 108.92 | 99.3 | 125.5 | 6 |
Countries ranked near Greece
- 24 Netherlands 127.5 compare
- 25 Netherlands 127.3 compare
- 26 Norway 126.3 compare
- 28 Cyprus 124.9 compare
- 28 Czechia 124.9 compare
- 30 European Union (EU6-1958, EU9-1973, EU10-1981, EU12-1986, EU15-1995, EU25-2004, EU27-2007, EU28-2013, EU27-2020) 122.4 compare
More work & labour data for Greece
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.6524 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6597 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6447 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.26 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.3231 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 8,753 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,228 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 3,061 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 3,215 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 6,276 1000 No (2100)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - nominal value, annual data in Greece?
- Labour cost index by nace rev. 2 activity - nominal value, annual data in Greece was 125.5 in 2025, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - nominal value, annual data recorded in Greece?
- The highest recorded value was 125.5 in 2025.
- What is the lowest labour cost index by nace rev. 2 activity - nominal value, annual data recorded in Greece?
- The lowest recorded value was 78.4 in 2000.
- How does Greece rank for labour cost index by nace rev. 2 activity - nominal value, annual data?
- Greece ranks 27th out of 41 countries with data for 2025.
- Is labour cost index by nace rev. 2 activity - nominal value, annual data rising or falling in Greece?
- Over the last ten years it is up 41.3%. The long-run trend across the full record is rising.
- Where does this Greece 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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