Labour price index; index figures 2021=100; National Accounts

Labour price index; index figures 2021=100; National Accounts

Sector/branches (SIC 2008) Periods Labour price index (2021=100) Year-on-year change price of labour (%) Wage costs per hour worked (2021=100) Year-on-year change wage costs per hour (%) Structural effect (%)
A-U All economic activities 2024 July - 2025 June* 122.9 5.8 123.6 6.2 0.4
A Agriculture, forestry and fishing 2024 July - 2025 June* 126.4 7.4 129.3 7.6 0.2
B-F Manufacturing and energy 2024 July - 2025 June* 121.0 6.3 122.0 6.4 0.1
B-E Industry (no construction), energy 2024 July - 2025 June* 121.1 5.7 122.5 6.1 0.3
C Manufacturing 2024 July - 2025 June* 121.5 5.8 122.6 6.1 0.2
24-30, 33 Metalectro 2024 July - 2025 June* 123.0 6.4 124.3 6.8 0.3
F Construction 2024 July - 2025 June* 120.7 7.6 120.7 7.4 -0.1
G-N Commercial services 2024 July - 2025 June* 122.9 5.5 124.0 6.1 0.5
G-I Trade, transport, hotels, catering 2024 July - 2025 June* 124.8 5.6 123.9 5.9 0.3
G Wholesale and retail trade 2024 July - 2025 June* 121.3 5.6 122.0 5.9 0.4
H Transportation and storage 2024 July - 2025 June* 126.9 5.4 127.8 5.7 0.3
I Accommodation and food serving 2024 July - 2025 June* 147.3 6.3 145.1 6.7 0.3
J Information and communication 2024 July - 2025 June* 121.0 5.9 122.4 6.7 0.7
K Financial institutions 2024 July - 2025 June* 114.0 6.1 113.3 5.9 -0.2
L Renting, buying, selling real estate 2024 July - 2025 June* 118.4 3.7 117.9 3.6 -0.2
M-N Business services 2024 July - 2025 June* 124.2 5.3 127.8 6.1 0.7
M Other specialised business services 2024 July - 2025 June* 119.3 4.5 119.3 4.6 0.1
N Renting and other business support 2024 July - 2025 June* 130.8 6.4 134.1 7.1 0.6
O-U Noncommercial services 2024 July - 2025 June* 123.9 5.9 123.4 5.9 0.0
O-Q Government and care 2024 July - 2025 June* 123.8 5.8 123.7 5.8 0.0
O Public administration and services 2024 July - 2025 June* 126.7 7.4 127.1 7.5 0.0
P Education 2024 July - 2025 June* 121.5 2.6 120.7 2.6 0.0
Q Health and social work activities 2024 July - 2025 June* 123.1 6.4 122.7 6.3 -0.1
R-U Culture, recreation, other services 2024 July - 2025 June* 124.5 6.4 123.1 6.3 -0.1
Source: CBS.
Explanation of symbols

Table explanation


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. The labor price index divides the total increase in wage costs per hour worked into a price component and a structural effect.

Data available from:
2001

Status of the figures:
Data from 2001 up to and including 2022 are final. The figures concerning 2023 and 2024 are provisional.

Changes as of October 30th 2025:
Compared to the previous version, the results for the reporting period of the year 2024 have been updated, and the figures for the second quarter of 2025 have been added.

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

Description topics

Labour price index
The labour price index reflects changes in the price of labour. This concerns the development of the wage costs per hour worked by employees, corrected for changes in the personnel structure.
Year-on-year change price of labour
Percentage change relative to the same period one year previously.
The labour price index reflects changes in the price of labour. This concerns the development of the wage costs per hour worked by employees, corrected for changes in the personnel structure.
Wage costs per hour worked
Wage costs divided by hours worked.
The total compensation of employees paid by employers plus taxes on wage costs minus wage cost subsidies.
- Compensation of employees is the total remuneration paid by employers to their employees in return for work done. Compensation of employees is classified in wages and salaries and employers' social contributions.
- Taxes on wage costs are taxes paid by employers on certain wage components, for example wages in kind.
- Wage cost subsidies are subsidies depending on the total wage bill, the number of employees, or on the employment of certain categories of persons, such as physically disabled or long-term unemployed persons.
Year-on-year change wage costs per hour
Percentage change relative to the same period one year previously.
The total compensation of employees paid by employers plus taxes on wage costs minus wage cost subsidies.
- Compensation of employees is the total remuneration paid by employers to their employees in return for work done. Compensation of employees is classified in wages and salaries and employers' social contributions.
- Taxes on wage costs are taxes paid by employers on certain wage components, for example wages in kind.
- Wage cost subsidies are subsidies depending on the total wage bill, the number of employees, or on the employment of certain categories of persons, such as physically disabled or long-term unemployed persons.
Structural effect
The part of the development of wage costs per hour worked that is caused by changes in the employee structure. An increase in the share of young employees, for example, contributes to a decrease in wage costs per hour worked because young employees are on average paid less.