China: Labor cost

* indicates monthly or quarterly data series

Labor cost index

 Latest value 204.02
 Reference Q4 2019
 Measure index points
 Data availability Q1 2009 - Q4 2019
 Average 153.99
 Min - Max 100 - 204.02
 Source National Bureau of Statistics of China
For that indicator, we provide data for China from Q1 2009 to Q4 2019. The average value for China during that period was 153.99 index points with a minimum of 100 index points in Q1 2009 and a maximum of 204.02 index points in Q4 2019. 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
China - Labor cost - recent values

Historical chart
China - Labor cost - historical chart - 2009-2019
Measure: index points
Source: National Bureau of Statistics of China

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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 781.83 2022 million people
 Unemployment rate 4.98 2022 percent
 Female unemployment 4.24 2022 percent
 Male unemployment 5.41 2022 percent
 Youth unemployment 15.90 2023 percent
 Labor force participation 66.38 2023 percent
 Labor force: percent female 45.17 2022 percent
 Female labor force participation 60.54 2023 percent
 Male labor force participation 72.11 2023 percent
 Self-employment 45.76 2022 percent
 Unemployment rate 5.00 Q3/2023 percent
 Labor cost 195.63 Q3/2019 index points
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