For that indicator, we provide data for Belarus from October 1993 to December 2023. The average value for Belarus during that period was 64.33 index points with a minimum of 0 index points in October 1993 and a maximum of 346.61 index points in December 2023.
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Measure: index points
Source: National Statistical Portal of the Republic of Belarus
Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.