Malta: Labor cost

* indicates monthly or quarterly data series
The most recent value is 122.7 index points as of Q3 2024, an increase compared to the previous value of 122.3 index points. Historically, the average for Malta from Q3 2002 to Q3 2024 is 87.82 index points. The minimum of 58.4 index points was recorded in Q4 2002, while the maximum of 123.5 index points was reached in Q1 2024. Click on the following link to see the values of: Labor cost around the world.
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* indicates monthly or quarterly data series

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  • Measure: index points
  • Source: Eurostat

Recent values Malta: Labor cost index
2024  Q3 122.7
2024  Q2 122.3
2024  Q1 123.5
2023  Q4 121
2023  Q3 119
2023  Q2 120.7
2023  Q1 119.9
2022  Q4 120.8


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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 Reference Measure
 Labor force 0.31 2023 million people
 Unemployment rate 3.13 2023 percent
 Female unemployment 2.95 2023 percent
 Male unemployment 3.25 2023 percent
 Youth unemployment 9.34 2023 percent
 Labor force participation 65.26 2023 percent
 Labor force: percent female 41.71 2023 percent
 Female labor force participation 56.94 2023 percent
 Male labor force participation 72.88 2023 percent
 Self-employment 15.07 2022 percent
 Employment 0.32 Q3/2024 million employed people
 Unemployment rate 2.90 12/2024 percent
 Labor cost 122.70 Q3/2024 index points
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