Labor cost index in Taiwan, November, 2020
For that indicator, we provide data for Taiwan from January 1980 to November 2020. The average value for Taiwan during that period was 73.18 index points with a minimum of 17.81 index points in January 1980 and a maximum of 109.11 index points in November 2020.
Click on the following link to see the values of Labor cost index
around the world.
* indicates monthly or quarterly data series
Measure: index points
Source: National Statistics, Republic of China (Taiwan)
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.