Labor cost index in the Netherlands, Q1 1999 - Q1 2022:
For that indicator, we provide data for the Netherlands from Q1 1999 to Q1 2022. The average value for the Netherlands during that period was 90.36 index points with a minimum of 64 index points in Q1 1999 and a maximum of 114.5 index points in Q1 2022.
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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.