Labor cost index in Germany, December, 2019
For that indicator, we provide data for Germany from Q1 1997 to Q4 2019. The average value for Germany during that period was 85.74 index points with a minimum of 67.6 index points in Q2 1997 and a maximum of 109 index points in Q3 2019.
Click on the following link to see the values of Labor cost index
around the world.
* indicates monthly or quarterly data series
Measure: index points
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.