Bosnia and Herzegovina: Labor cost

* indicates monthly or quarterly data series
 Bosnia and Herzegovina

Labor cost index

 Latest value 200.4
 Reference December 2023
 Measure index points
 Data availability January 2008 - December 2023
 Average 137.85
 Min - Max 100 - 201.2
 Source Agency for Statistics of Bosnia and Herzegovina
For that indicator, we provide data for Bosnia and Herzegovina from January 2008 to December 2023. The average value for Bosnia and Herzegovina during that period was 137.85 index points with a minimum of 100 index points in January 2008 and a maximum of 201.2 index points in November 2023. Click on the following link to see the values of Labor cost index around the world.
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* indicates monthly or quarterly data series


Recent values chart
Bosnia and Herzegovina - Labor cost - recent values

Historical chart
Bosnia and Herzegovina - Labor cost - historical chart - 2008-2023
Measure: index points
Source: Agency for Statistics of Bosnia and Herzegovina


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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 value Reference Measure
 Labor force 1.37 2022 million people
 Unemployment rate 12.66 2022 percent
 Female unemployment 17.22 2022 percent
 Male unemployment 11.89 2022 percent
 Youth unemployment 29.81 2023 percent
 Labor force participation 49.99 2023 percent
 Labor force: percent female 40.57 2022 percent
 Female labor force participation 40.53 2023 percent
 Male labor force participation 59.89 2023 percent
 Self-employment 24.78 2022 percent
 Informal employment 14.30 2020 percent
 Employment 0.85 9/2023 million employed people
 Unemployment rate 28.90 9/2023 percent
 Labor cost 195.00 9/2023 index points
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