EU27_2020 · 2024 · tesem170
Nominal unit labour cost growth
European Union (27), 2024
Nominal unit labour cost growth
5.00
European Union (27), 2024
▼ 26.5% vs 2023 (6.80)
Analysis
In 2024, European Union (27)'s nominal unit labour cost growth decreased by 26.5% compared to 2023, reaching 5.00.
Over the past five years, the indicator has grown by 177.8% (from 1.80 in 2019).
Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.
European Union (27) timeline (last 15 years)
2010 2025
Source:
Eurostat · tesem170