Hourly labour cost (European Union): 29.6 EUR/hour in 2024, the latest available value.
30 observations from 1995 to 2024. Source: CEPREMAP.
Average compensation of employees per hour worked — the level used in EU cost-competitiveness comparisons.
| Period | Value |
|---|---|
| 2024 | 29.6 EUR/hour |
| 2023 | 28.1 EUR/hour |
| 2022 | 26.6 EUR/hour |
| 2021 | 25.6 EUR/hour |
| 2020 | 25.4 EUR/hour |
| 2019 | 24.2 EUR/hour |
| 2018 | 23.6 EUR/hour |
| 2017 | 23 EUR/hour |
| 2016 | 22.4 EUR/hour |
| 2015 | 22.2 EUR/hour |
| 2014 | 21.9 EUR/hour |
| 2013 | 21.7 EUR/hour |
| 2012 | 21.2 EUR/hour |
| 2011 | 20.7 EUR/hour |
| 2010 | 20.2 EUR/hour |
| 2009 | 19.6 EUR/hour |
| 2008 | 19.2 EUR/hour |
| 2007 | 18.5 EUR/hour |
| 2006 | 18 EUR/hour |
| 2005 | 17.6 EUR/hour |
| 2004 | 17.1 EUR/hour |
| 2003 | 16.8 EUR/hour |
| 2002 | 16.4 EUR/hour |
| 2001 | 15.8 EUR/hour |
| 2000 | 15.2 EUR/hour |
| 1999 | 14.5 EUR/hour |
| 1998 | 13.9 EUR/hour |
| 1997 | 13.7 EUR/hour |
| 1996 | 13.5 EUR/hour |
| 1995 | 13.1 EUR/hour |