Ukraine: Labor cost

* indicates monthly or quarterly data series
The most recent value is 4541.22 index points as of January 2022, a decline compared to the previous value of 5437.14 index points. Historically, the average for Ukraine from January 2002 to January 2022 is 1329.6 index points. The minimum of 100 index points was recorded in January 2002, while the maximum of 5437.14 index points was reached in December 2021. Click on the following link to see the values of: Labor cost around the world.
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* indicates monthly or quarterly data series

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  • Measure: index points
  • Source: National Bank of Ukraine

Recent values Ukraine: Labor cost index
2022  Jan 4541.22
2021  Dec 5437.14
2021  Nov 4449.28
2021  Oct 4375.39
2021  Sep 4435.92
2021  Aug 4360.44
2021  Jul 4468.89
2021  Jun 4458.83


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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
 Labor force 20.54 2021 million people
 Unemployment rate 9.83 2021 percent
 Female unemployment 10.15 2021 percent
 Male unemployment 9.55 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 15.38 Q4/2021 million employed people
 Unemployment rate 10.50 Q4/2021 percent
 Labor cost 4,541.22 1/2022 index points
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