AT · 2023 · tesem170

Nominal unit labour cost growth

Austria, 2023

Nominal unit labour cost growth
8.50
Austria, 2023
▲ 286.4% vs 2022 (2.20)
Analysis

In 2023, Austria's nominal unit labour cost growth increased by 286.4% compared to 2022, reaching 8.50.

Austria accounts for 125.0% of the EU-27 total of 6.80.

Austria ranks 15th out of 26 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has grown by 304.8% (from 2.10 in 2018).

Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.

Rank in EU-27 · 2023
#15 of 26
% of EU-27 total · 2023
125.0%
EU-27: 6.80
Austria timeline (last 15 years)
2011 2025