Labor cost index in Rwanda, Q4 2018 - Q1 2021
For that indicator, we provide data for Rwanda from Q4 2018 to Q1 2021. The average value for Rwanda during that period was 101.52 index points with a minimum of 84.47 index points in Q1 2019 and a maximum of 127.47 index points in Q1 2020.
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Measure: index points
Source: National Institute of Statistics of Rwanda
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.