ES · 2023 · tesem170

Nominal unit labour cost growth

Spain, 2023

Nominal unit labour cost growth
5.90
Spain, 2023
▲ 181.0% vs 2022 (2.10)
Analysis

In 2023, Spain's nominal unit labour cost growth increased by 181.0% compared to 2022, reaching 5.90.

Spain accounts for 86.8% of the EU-27 total of 6.80.

Spain ranks 21st 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 293.3% (from 1.50 in 2018).

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

Rank in EU-27 · 2023
#21 of 26
% of EU-27 total · 2023
86.8%
EU-27: 6.80
Spain timeline (last 15 years)
2005 2025