LU · 2023 · tesem170

Nominal unit labour cost growth

Luxembourg, 2023

Nominal unit labour cost growth
9.50
Luxembourg, 2023
▲ 4.4% vs 2022 (9.10)
Analysis

In 2023, Luxembourg's nominal unit labour cost growth increased by 4.4% compared to 2022, reaching 9.50.

Luxembourg accounts for 139.7% of the EU-27 total of 6.80.

Luxembourg ranks 9th out of 26 EU member states with reported data — in the top half of the distribution.

Over the past five years, the indicator has grown by 82.7% (from 5.20 in 2018).

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

Rank in EU-27 · 2023
#9 of 26
% of EU-27 total · 2023
139.7%
EU-27: 6.80
Luxembourg timeline (last 15 years)
2009 2025