Labour cost index by NACE Rev. 2 activity - nominal value, quarterly data by country
Countries reporting
27
Highest
218 Index, 2020=100
Serbia
Lowest
103.1 Index, 2020=100
Italy
Median
123.2 Index, 2020=100
Years covered
31
1996–2026
Data points
693
What the numbers show
Labour cost index by NACE Rev. 2 activity - nominal value, quarterly data is currently reported for 27 countries. The highest value is 218 Index, 2020=100 in Serbia; the lowest is 103.1 Index, 2020=100 in Italy.
The median across all reporting countries is 123.2 Index, 2020=100, and the mean is 139.91 Index, 2020=100.
The gap between the highest and lowest reporting country is a factor of about 2.
Over the past decade 26 countries rose and 1 fell. The largest increase was in Serbia (up 174.2%), and the largest decrease in Italy (down 2.6%).
Labour cost index by NACE Rev. 2 activity - nominal value, quarterly d: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Serbia | 218 Index, 2020=100 | 2026 | up 174.2% | rising |
| 2 | Bulgaria | 188.6 Index, 2020=100 | 2026 | up 163.8% | volatile |
| 3 | Hungary | 187.1 Index, 2020=100 | 2026 | up 142.7% | volatile |
| 4 | Lithuania | 177.3 Index, 2020=100 | 2026 | up 135.5% | volatile |
| 5 | Poland | 175.3 Index, 2020=100 | 2026 | up 120.0% | rising |
| 6 | Romania | 174.5 Index, 2020=100 | 2026 | up 170.5% | volatile |
| 7 | Croatia | 170.1 Index, 2020=100 | 2026 | up 98.0% | rising |
| 8 | Estonia | 149.8 Index, 2020=100 | 2026 | up 89.1% | rising |
| 9 | Slovenia | 148.8 Index, 2020=100 | 2026 | up 73.2% | rising |
| 10 | Latvia | 147.8 Index, 2020=100 | 2026 | up 98.1% | volatile |
| 11 | Slovakia | 140.7 Index, 2020=100 | 2026 | up 70.8% | rising |
| 12 | Ireland | 138.7 Index, 2020=100 | 2026 | up 46.0% | rising |
| 13 | Czechia | 124 Index, 2020=100 | 2026 | up 58.2% | rising |
| 14 | Malta | 123.2 Index, 2020=100 | 2026 | up 33.2% | rising |
| 15 | Luxembourg | 122.9 Index, 2020=100 | 2026 | up 23.1% | rising |
| 16 | Belgium | 122.4 Index, 2020=100 | 2025 | up 16.3% | rising |
| 17 | Netherlands | 120 Index, 2020=100 | 2026 | up 36.1% | rising |
| 18 | Cyprus | 119.8 Index, 2020=100 | 2026 | up 16.8% | rising |
| 19 | France | 117.5 Index, 2020=100 | 2026 | up 19.8% | rising |
| 20 | Finland | 116.5 Index, 2020=100 | 2026 | up 30.3% | rising |
| 21 | Austria | 115.8 Index, 2020=100 | 2026 | up 23.3% | rising |
| 21 | Germany | 115.8 Index, 2020=100 | 2026 | up 22.2% | rising |
| 23 | Portugal | 115.6 Index, 2020=100 | 2026 | up 27.2% | rising |
| 24 | Greece | 115.2 Index, 2020=100 | 2026 | up 17.6% | rising |
| 25 | Norway | 115 Index, 2020=100 | 2026 | up 40.4% | rising |
| 26 | Spain | 114 Index, 2020=100 | 2026 | up 18.4% | rising |
| 27 | Italy | 103.1 Index, 2020=100 | 2026 | down 2.6% | rising |