Nominal unit labour cost growth

In 2024, Luxembourg's nominal unit labour cost growth decreased by 56.8% compared to 2023, reaching 4.10.

Luxembourg accounts for 82.0% of the EU-27 total of 5.00.

Luxembourg ranks 20th 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 51.9% (from 2.70 in 2019).

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