PT · 2024 · tesem170
Nominal unit labour cost growth
Portugal, 2024
Nominal unit labour cost growth
5.90
Portugal, 2024
▼ 28.0% vs 2023 (8.20)
Analysis
In 2024, Portugal's nominal unit labour cost growth decreased by 28.0% compared to 2023, reaching 5.90.
Portugal accounts for 118.0% of the EU-27 total of 5.00.
Portugal ranks 11th out of 27 EU member states with reported data — in the top half of the distribution.
Over the past five years, the indicator has grown by 78.8% (from 3.30 in 2019).
Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2024
#11 of 27
% of EU-27 total · 2024
118.0%
EU-27: 5.00
Portugal timeline (last 15 years)
2007 2025
Source:
Eurostat · tesem170