Labour price index; index figures 2015=100; National Accounts

Labour price index; index figures 2015=100; National Accounts

Sector/branches (SIC 2008) Periods Wage costs per hour worked (2015=100) Year-on-year change wage costs per hour (%)
A-U All economic activities 2022 January - 2022 December* 118.6 6.1
A Agriculture, forestry and fishing 2022 January - 2022 December* 115.2 5.4
B-F Manufacturing and energy 2022 January - 2022 December* 120.7 6.5
B-E Industry (no construction), energy 2022 January - 2022 December* 122.1 7.2
C Manufacturing 2022 January - 2022 December* 123.2 7.1
24-30, 33 Metalectro 2022 January - 2022 December* 123.1 7.6
F Construction 2022 January - 2022 December* 117.8 4.8
G-N Commercial services 2022 January - 2022 December* 117.4 6.1
G-I Trade, transport, hotels, catering 2022 January - 2022 December* 116.6 6.6
G Wholesale and retail trade 2022 January - 2022 December* 118.3 5.4
H Transportation and storage 2022 January - 2022 December* 117.2 9.0
I Accommodation and food serving 2022 January - 2022 December* 109.8 22.0
J Information and communication 2022 January - 2022 December* 123.5 5.4
K Financial institutions 2022 January - 2022 December* 119.1 3.7
L Renting, buying, selling real estate 2022 January - 2022 December* 113.4 4.4
M-N Business services 2022 January - 2022 December* 117.3 7.2
M Other specialised business services 2022 January - 2022 December* 115.3 5.5
N Renting and other business support 2022 January - 2022 December* 120.1 9.3
O-U Noncommercial services 2022 January - 2022 December* 119.8 6.3
O-Q Government and care 2022 January - 2022 December* 120.0 6.4
O Public administration and services 2022 January - 2022 December* 122.4 7.8
P Education 2022 January - 2022 December* 118.3 7.3
Q Health and social work activities 2022 January - 2022 December* 119.5 4.9
R-U Culture, recreation, other services 2022 January - 2022 December* 116.4 6.9
Source: CBS.
Explanation of symbols

Dataset is not available.


This table provides information on labour price developments, i.e. the development of wage costs per hour worked by employees, corrected for changes in the personnel structure.

Data available from:
2001

Status of the figures:
Data from 2001 up to and including 2020 are final. The figures concerning 2021 and 2022 are provisional.

Changes as of April 2023:
Compared to the previous version the figures for the reference period '2022 January - 2022 December' are added and the figures are adjusted from the period '2020 April - 2022 March'.

Due to the COVID-19 crisis and governmental measures, there are fluctuations in the underlying data that can affect the outcome of the Labour price index. From March 2020, the hours worked and wage costs are disproportionately affected by the COVID-19 crisis and the government measures taken. The wage costs decreased sharply due to the large wage compensation scheme (the so-called NOW subsidy) and the hours worked also decreased sharply.

For the years 2020 and 2021 the method to estimate the hours worked of employees differs from the usual method. Due to the COVID-19 crisis the hours worked suddenly decreased sharply in certain industries. The regular data sources did not provide sufficient information to capture the decrease in hours worked. To properly incorporate the decrease of the hours worked in our quarterly estimate, the Labor Force Survey (LFS) is used as an additional source. The hours worked are estimated using growth rates from the LFS. The growth rates are applied in (parts of) the industries in which the effect of the COVID-19 crisis is substantial.

When will new figures become available?
New figures are published three to four months after the end of the reference period.

Description topics

Wage costs per hour worked
Wage costs divided by hours worked.
The total of wages, social contributions paid by employers and taxes on wage costs minus wage cost subsidies.
Year-on-year change wage costs per hour
Percentage change relative to the same period one year previously.
The total of wages, social contributions paid by employers and taxes on wage costs minus wage cost subsidies.