Labor cost index in Lithuania, Q1 2000 - Q1 2022:
For that indicator, we provide data for Lithuania from Q1 2000 to Q1 2022. The average value for Lithuania during that period was 80.45 index points with a minimum of 36.4 index points in Q3 2000 and a maximum of 159.1 index points in Q1 2022.
Click on the following link to see the values of Labor cost index
around the world.
Longer historical series
* 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.