PT · 2023 · tesem170
Nominal unit labour cost growth
Portugal, 2023
Nominal unit labour cost growth
8.20
Portugal, 2023
▲ 241.7% vs 2022 (2.40)
Analysis
In 2023, Portugal's nominal unit labour cost growth increased by 241.7% compared to 2022, reaching 8.20.
Portugal accounts for 120.6% of the EU-27 total of 6.80.
Portugal ranks 17th 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 115.8% (from 3.80 in 2018).
Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2023
#17 of 26
% of EU-27 total · 2023
120.6%
EU-27: 6.80
Portugal timeline (last 15 years)
2007 2025
Source:
Eurostat · tesem170