Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Sweden
Sweden: Labour cost index by NACE Rev. 2 activity - nominal value, annual data was 119.9 Index, 2020=100 in 2025. ▲ Rising
Latest (2025)
119.9 Index, 2020=100
Change on year
up 4.0%
World rank
34th
of 40 countries
All-time high
119.9 Index, 2020=100
in 2025
All-time low
73 Index, 2020=100
in 2008
Years of data
18
2008–2025
Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Sweden, 2008–2025
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 Sweden is 119.9 Index, 2020=100, measured in 2025. That is the highest value across all 18 years on record.
The figure is up 4.0% on the previous year and up 36.2% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - nominal value, annual data in Sweden peaked at 119.9 Index, 2020=100 in 2025 and was at its lowest, 73 Index, 2020=100, in 2008.
That places Sweden 34th out of 40 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Sweden, year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 2008 | 73 Index, 2020=100 | — |
| 2009 | 75.2 Index, 2020=100 | +3.0% |
| 2010 | 76.8 Index, 2020=100 | +2.1% |
| 2011 | 78.8 Index, 2020=100 | +2.6% |
| 2012 | 81.7 Index, 2020=100 | +3.7% |
| 2013 | 83.4 Index, 2020=100 | +2.1% |
| 2014 | 85.6 Index, 2020=100 | +2.6% |
| 2015 | 88 Index, 2020=100 | +2.8% |
| 2016 | 91.1 Index, 2020=100 | +3.5% |
| 2017 | 93.6 Index, 2020=100 | +2.7% |
| 2018 | 96.1 Index, 2020=100 | +2.7% |
| 2019 | 98.7 Index, 2020=100 | +2.7% |
| 2020 | 100 Index, 2020=100 | +1.3% |
| 2021 | 103.8 Index, 2020=100 | +3.8% |
| 2022 | 107.1 Index, 2020=100 | +3.2% |
| 2023 | 111.5 Index, 2020=100 | +4.1% |
| 2024 | 115.3 Index, 2020=100 | +3.4% |
| 2025 | 119.9 Index, 2020=100 | +4.0% |
Sweden compared with similar countries
- Sweden's 119.9 Index, 2020=100 is below the median for Europe & Central Asia, which is 127.7 Index, 2020=100, 94% of the median. (29 countries reporting)
- Sweden's 119.9 Index, 2020=100 is below the median for high income countries, which is 127.5 Index, 2020=100, 94% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74.1 Index, 2020=100 | 73 Index, 2020=100 | 75.2 Index, 2020=100 | 2 |
| 2010s | 87.38 Index, 2020=100 | 76.8 Index, 2020=100 | 98.7 Index, 2020=100 | 10 |
| 2020s | 109.6 Index, 2020=100 | 100 Index, 2020=100 | 119.9 Index, 2020=100 | 6 |
Countries ranked near Sweden
- 31 Germany 121.7 Index, 2020=100 compare
- 32 Luxembourg 120.7 Index, 2020=100 compare
- 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
- 35 Belgium 118.8 Index, 2020=100 compare
- 36 Finland 116.9 Index, 2020=100 compare
- 37 Spain 116.5 Index, 2020=100 compare
More work & labour data for Sweden
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.0422 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.0602 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.0243 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.29 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.5427 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 10,837 1000 No (2050)
- Population - Est. & Proj. — Rural population 788.88 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 5,587 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 5,780 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 11,367 1000 No (2100)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - nominal value, annual data in Sweden?
- Labour cost index by nace rev. 2 activity - nominal value, annual data in Sweden was 119.9 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 Sweden?
- The highest recorded value was 119.9 Index, 2020=100 in 2025.
- What is the lowest labour cost index by nace rev. 2 activity - nominal value, annual data recorded in Sweden?
- The lowest recorded value was 73 Index, 2020=100 in 2008.
- How does Sweden rank for labour cost index by nace rev. 2 activity - nominal value, annual data?
- Sweden ranks 34th 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 Sweden?
- Over the last ten years it is up 36.2%. 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 - nominal value, annual data. Statizoid updates them automatically from the source API.
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