Taiwan: Labor cost
* indicates monthly or quarterly data series
The most recent value is 110.41 index points as of March 2025, an increase compared to the previous value of 109.9 index points. Historically, the average for Taiwan from January 1980 to March 2025 is 70.24 index points. The minimum of 16.22 index points was recorded in January 1980, while the maximum of 110.41 index points was reached in March 2025.
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* indicates monthly or quarterly data series
- Measure: index points
- Source: National Statistics, Republic of China (Taiwan)
| Recent values | Taiwan: Labor cost index |
|---|---|
| 2025 Mar | 110.41 |
| 2025 Feb | 109.9 |
| 2025 Jan | 110.22 |
| 2024 Dec | 109.1 |
| 2024 Nov | 108.49 |
| 2024 Oct | 107.99 |
| 2024 Sep | 108.31 |
| 2024 Aug | 108.57 |
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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 |
|---|---|---|---|
| Employment | 11.61 | 3/2025 | million employed people |
| Unemployment rate | 3.35 | 3/2025 | percent |
| Labor cost | 110.41 | 3/2025 | index points |