BE · 2024 · tesem170

Nominal unit labour cost growth

Belgium, 2024

Nominal unit labour cost growth
2.50
Belgium, 2024
▼ 62.7% vs 2023 (6.70)
Analysis

In 2024, Belgium's nominal unit labour cost growth decreased by 62.7% compared to 2023, reaching 2.50.

Belgium accounts for 50.0% of the EU-27 total of 5.00.

Belgium ranks 24th out of 27 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has grown by 108.3% (from 1.20 in 2019).

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

Rank in EU-27 · 2024
#24 of 27
% of EU-27 total · 2024
50.0%
EU-27: 5.00
Belgium timeline (last 15 years)
2008 2025