Germany: Labor cost

* indicates monthly or quarterly data series
The most recent value is 118.7 index points as of Q4 2024, an increase compared to the previous value of 118.2 index points. Historically, the average for Germany from Q1 1997 to Q4 2024 is 82.17 index points. The minimum of 60.3 index points was recorded in Q2 1997, while the maximum of 118.7 index points was reached in Q4 2024. Click on the following link to see the values of: Labor cost around the world.
Select indicator
* indicates monthly or quarterly data series

Download data from our database


  • Measure: index points
  • Source: Eurostat

Recent values Germany: Labor cost index
2024  Q4 118.7
2024  Q3 118.2
2024  Q2 118
2024  Q1 117.4
2023  Q4 114.8
2023  Q3 113.4
2023  Q2 111.5
2023  Q1 110.5


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 44.18 2023 million people
 Unemployment rate 3.05 2023 percent
 Female unemployment 2.81 2023 percent
 Male unemployment 3.26 2023 percent
 Youth unemployment 5.96 2023 percent
 Labor force participation 61.63 2023 percent
 Labor force: percent female 46.68 2023 percent
 Female labor force participation 56.45 2023 percent
 Male labor force participation 67.02 2023 percent
 Hours worked 1,342.65 2023 hours
 Self-employment 8.75 2022 percent
 Employment 42.43 Q1/2025 million employed people
 Unemployment rate 3.80 4/2025 percent
 Labor cost 118.70 Q4/2024 index points
This site uses cookies.
Learn more here


OK