Nominal unit labour cost growth - (ESA 2010) [tec00130]

Description

This derived indicator compares remuneration (compensation per employee in current prices) and productivity (gross domestic product (GDP) in volumes per employment) to show how the remuneration of employees is related to the productivity of their labour. It is the relationship between how much each "worker" is paid and the value he/she produces by their work. Its growth rate is intended to give an impression of the dynamics of the participation of the production factor labour in output value created. Please note that the variables used in the numerator (compensation, employees) refer to employed labour only, while those in the denominator (GDP, employment) refer to all labour, including self-employed.

Updated by provider on
April 9, 2021
Frequency [FREQ]
Unit of measure [unit]
National accounts indicator (ESA 2010) [na_item]
Geopolitical entity (reporting) [geo]

Dataset has 36 series. Add search filters to narrow them.

Dimensions codes and labels
[FREQ] Frequency
  • [A] Annual
[unit] Unit of measure
  • [PCH_PRE] Percentage change on previous period
[na_item] National accounts indicator (ESA 2010)
  • [NULC_PER] Nominal unit labour cost based on persons
[geo] Geopolitical entity (reporting)
  • [AT] Austria
  • [BE] Belgium
  • [BG] Bulgaria
  • [HR] Croatia
  • [CY] Cyprus
  • [CZ] Czechia
  • [DK] Denmark
  • [EE] Estonia
  • [EA] Euro area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015)
  • [EA19] Euro area - 19 countries (from 2015)
  • [EU27_2020] European Union - 27 countries (from 2020)
  • [EU28] European Union - 28 countries (2013-2020)
  • [FI] Finland
  • [FR] France
  • [DE] Germany (until 1990 former territory of the FRG)
  • [EL] Greece
  • [HU] Hungary
  • [IS] Iceland
  • [IE] Ireland
  • [IT] Italy
  • [LV] Latvia
  • [LT] Lithuania
  • [LU] Luxembourg
  • [MT] Malta
  • [NL] Netherlands
  • [MK] North Macedonia
  • [NO] Norway
  • [PL] Poland
  • [PT] Portugal
  • [RO] Romania
  • [SK] Slovakia
  • [SI] Slovenia
  • [ES] Spain
  • [SE] Sweden
  • [CH] Switzerland
  • [UK] United Kingdom
Technical links