
Belarus: Labor cost
* indicates monthly or quarterly data series
The most recent value is 411.16 index points as of December 2024, an increase compared to the previous value of 355.89 index points. Historically, the average for Belarus from October 1993 to December 2024 is 73.36 index points. The minimum of 0 index points was recorded in October 1993, while the maximum of 411.16 index points was reached in December 2024.
Click on the following link to see the values of: Labor cost around the world.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: index points
- Source: National Statistical Portal of the Republic of Belarus
Recent values | Belarus: Labor cost index |
---|---|
2024  Dec | 411.16 |
2024  Nov | 355.89 |
2024  Oct | 360.71 |
2024  Sep | 353.16 |
2024  Aug | 357.33 |
2024  Jul | 359.45 |
2024  Jun | 346.46 |
2024  May | 338.71 |
Download data from our database
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.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Labor force | 4.95 | 2023 | million people |
Unemployment rate | 3.57 | 2023 | percent |
Female unemployment | 2.91 | 2023 | percent |
Male unemployment | 4.25 | 2023 | percent |
Youth unemployment | 10.23 | 2023 | percent |
Labor force participation | 64.77 | 2023 | percent |
Labor force: percent female | 50.31 | 2023 | percent |
Female labor force participation | 59.24 | 2023 | percent |
Male labor force participation | 71.53 | 2023 | percent |
Self-employment | 4.71 | 2022 | percent |
Employment | 4.74 | Q4/2024 | million employed people |
Unemployment rate | 3.03 | Q4/2024 | percent |
Labor cost | 411.16 | 12/2024 | index points |