DE · 2024 · tesem170
Nominal unit labour cost growth
Germany, 2024
Nominal unit labour cost growth
5.80
Germany, 2024
▼ 25.6% vs 2023 (7.80)
Analysis
In 2024, Germany's nominal unit labour cost growth decreased by 25.6% compared to 2023, reaching 5.80.
Germany accounts for 116.0% of the EU-27 total of 5.00.
Germany ranks 12th 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 81.2% (from 3.20 in 2019).
Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2024
#12 of 27
% of EU-27 total · 2024
116.0%
EU-27: 5.00
Germany timeline (last 15 years)
2009 2025
Source:
Eurostat · tesem170