FI · 2023 · tesem170
Nominal unit labour cost growth
Finland, 2023
Nominal unit labour cost growth
5.60
Finland, 2023
▲ 5.7% vs 2022 (5.30)
Analysis
In 2023, Finland's nominal unit labour cost growth increased by 5.7% compared to 2022, reaching 5.60.
Finland accounts for 82.4% of the EU-27 total of 6.80.
Finland ranks 22nd 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 115.4% (from 2.60 in 2018).
Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2023
#22 of 26
% of EU-27 total · 2023
82.4%
EU-27: 6.80
Finland timeline (last 15 years)
2008 2025
Source:
Eurostat · tesem170