Labor cost index in Taiwan, January 1980 - April 2022:
For that indicator, we provide data for Taiwan from January 1980 to April 2022. The average value for Taiwan during that period was 74.43 index points with a minimum of 17.81 index points in January 1980 and a maximum of 113.15 index points in March 2022.
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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.