IE · 2024 · tesem170

Nominal unit labour cost growth

Ireland, 2024

Nominal unit labour cost growth
4.30
Ireland, 2024
▼ 67.9% vs 2023 (13.4)
Analysis

In 2024, Ireland's nominal unit labour cost growth decreased by 67.9% compared to 2023, reaching 4.30.

Ireland accounts for 86.0% of the EU-27 total of 5.00.

Ireland ranks 19th 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 95.5% (from 2.20 in 2019).

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

Rank in EU-27 · 2024
#19 of 27
% of EU-27 total · 2024
86.0%
EU-27: 5.00
Ireland timeline (last 15 years)
2005 2024