European Union - Labour cost index: Business economy was 4.70 % year-on-year in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Labour cost index: Business economy - last updated from the EUROSTAT on May of 2024. Historically, European Union - Labour cost index: Business economy reached a record high of 6.10 % year-on-year in September of 2023 and a record low of -0.20 % year-on-year in June of 2021.


Labour Cost Index: Business Economy
Country Last Previous Unit Reference
Hungary 14.40 15.30 % year-on-year Dec 2023
Poland 12.80 11.50 % year-on-year Dec 2023
Slovenia 12.60 5.50 % year-on-year Dec 2023
Ireland 12.60 13.90 % year-on-year Dec 2023
Lithuania 11.30 11.90 % year-on-year Dec 2023
Bulgaria 11.00 14.70 % year-on-year Dec 2023
Latvia 10.70 12.20 % year-on-year Dec 2023
Greece 8.90 7.90 % year-on-year Dec 2023
Estonia 8.40 9.60 % year-on-year Dec 2023
Austria 8.20 6.50 % year-on-year Dec 2023
Slovakia 8.00 8.90 % year-on-year Dec 2023
Luxembourg 7.10 7.60 % year-on-year Dec 2023
Belgium 6.90 8.10 % year-on-year Dec 2023
Spain 6.40 5.40 % year-on-year Dec 2023
Portugal 5.80 5.20 % year-on-year Dec 2023
Czech Republic 5.80 8.20 % year-on-year Dec 2023
Netherlands 5.40 7.30 % year-on-year Dec 2023
Cyprus 5.00 4.70 % year-on-year Dec 2023
Sweden 4.60 4.80 % year-on-year Dec 2023
Euro Area 4.10 5.80 % year-on-year Dec 2023
Malta 4.10 4.60 % year-on-year Dec 2023
France 3.10 4.10 % year-on-year Dec 2023
Germany 2.80 6.00 % year-on-year Dec 2023
Denmark 2.30 3.10 % year-on-year Dec 2023
Italy 2.00 3.00 % year-on-year Dec 2023
European Union | Labour
European Union | EUROSTAT Indicators