SE · 2023 · tesem170

Nominal unit labour cost growth

Sweden, 2023

Nominal unit labour cost growth
6.80
Sweden, 2023
▲ 58.1% vs 2022 (4.30)
Analysis

In 2023, Sweden's nominal unit labour cost growth increased by 58.1% compared to 2022, reaching 6.80.

Sweden accounts for 100.0% of the EU-27 total of 6.80.

Sweden ranks 19th 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 78.9% (from 3.80 in 2018).

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

Rank in EU-27 · 2023
#19 of 26
% of EU-27 total · 2023
100.0%
EU-27: 6.80
Sweden timeline (last 15 years)
2008 2024