LU · 2020 · tesem170

Nominal unit labour cost growth

Luxembourg, 2020

Nominal unit labour cost growth
3.40
Luxembourg, 2020
▲ 25.9% vs 2019 (2.70)
Analysis

In 2020, Luxembourg's nominal unit labour cost growth increased by 25.9% compared to 2019, reaching 3.40.

Luxembourg accounts for 79.1% of the EU-27 total of 4.30.

Luxembourg 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 78.9% (from 1.90 in 2015).

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

Rank in EU-27 · 2020
#22 of 26
% of EU-27 total · 2020
79.1%
EU-27: 4.30
Luxembourg timeline (last 15 years)
2009 2025