Ukraine: Labor cost

* indicates monthly or quarterly data series
 Ukraine

Labor cost index

 Latest value 4541.22
 Reference January 2022
 Measure index points
 Data availability January 2002 - January 2022
 Average 1329.6
 Min - Max 100 - 5437.14
 Source National Bank of Ukraine
For that indicator, we provide data for Ukraine from January 2002 to January 2022. The average value for Ukraine during that period was 1329.6 index points with a minimum of 100 index points in January 2002 and a maximum of 5437.14 index points in December 2021. Click on the following link to see the values of Labor cost index around the world.
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* indicates monthly or quarterly data series


Recent values chart
Ukraine - Labor cost - recent values

Historical chart
Ukraine - Labor cost - historical chart - 2002-2022
Measure: index points
Source: National Bank of Ukraine


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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 value Reference Measure
 Labor force 20.30 2021 million people
 Unemployment rate 9.83 2021 percent
 Female unemployment 10.14 2021 percent
 Male unemployment 9.54 2021 percent
 Youth unemployment 19.11 2021 percent
 Labor force participation 54.64 2021 percent
 Labor force: percent female 47.81 2021 percent
 Female labor force participation 47.79 2021 percent
 Male labor force participation 62.90 2021 percent
 Self-employment 17.64 2021 percent
 Employment 16.06 Q3/2021 million employed people
 Unemployment rate 9.10 Q3/2021 percent
 Labor cost 4,435.92 9/2021 index points
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