EU27_2020 · 2023 · tesem170
Nominal unit labour cost growth
European Union (27), 2023
Nominal unit labour cost growth
6.80
European Union (27), 2023
▲ 100.0% vs 2022 (3.40)
Analysis
In 2023, European Union (27)'s nominal unit labour cost growth increased by 100.0% compared to 2022, reaching 6.80.
Over the past five years, the indicator has grown by 257.9% (from 1.90 in 2018).
Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.
European Union (27) timeline (last 15 years)
2010 2025
Source:
Eurostat · tesem170