Labour Costs in Spain decreased to 100.50 points in the third quarter of 2019 from 104.80 points in the second quarter of 2019. Spain Labour Costs - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Labour Costs in Spain averaged 91.85 points from 2000 until 2019, reaching an all time high of 105.90 points in the fourth quarter of 2018 and a record low of 66.70 points in the first quarter of 2000. This page provides - Spain Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: National Statistics Institute (INE)

Labour Costs in Spain is expected to be 102.91 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Spain to stand at 107.21 in 12 months time. In the long-term, the Spain Labour Costs is projected to trend around 109.78 points in 2021 and 112.42 points in 2022, according to our econometric models.

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Spain Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
100.50 104.80 105.90 66.70 2000 - 2019 points Quarterly
2016=100, NSA

Spain Labour Costs
In Spain, labour costs refer to total labour cost per worker and month, including salary, other benefits and social security.