AT · 2024 · tesem170
Nominal unit labour cost growth
Austria, 2024
Nominal unit labour cost growth
8.00
Austria, 2024
▼ 5.9% vs 2023 (8.50)
Analysis
In 2024, Austria's nominal unit labour cost growth decreased by 5.9% compared to 2023, reaching 8.00.
Austria accounts for 160.0% of the EU-27 total of 5.00.
Austria ranks 7th out of 27 EU member states with reported data — in the top half of the distribution.
Over the past five years, the indicator has grown by 263.6% (from 2.20 in 2019).
Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2024
#7 of 27
% of EU-27 total · 2024
160.0%
EU-27: 5.00
Austria timeline (last 15 years)
2011 2025
Source:
Eurostat · tesem170