Germany: Labor cost

* indicates monthly or quarterly data series

Labor cost index

 Latest value 116.5
 Reference Q3 2022
 Measure index points
 Source Eurostat

For that indicator, we provide data for Germany from Q1 1997 to Q3 2022. The average value for Germany during that period was 88.87 index points with a minimum of 67.6 index points in Q2 1997 and a maximum of 117 index points in Q3 2021. 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

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Longer historical series
Measure: index points
Source: Eurostat

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.
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