Labour Costs in Spain increased to 119.10 points in the fourth quarter of 2022 from 114.10 points in the third quarter of 2022. source: National Statistics Institute (INE)

Labour Costs in Spain averaged 94.04 points from 2000 until 2022, reaching an all time high of 119.10 points in the fourth quarter of 2022 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. Spain Labour Costs - values, historical data and charts - was last updated on March of 2023.

Labour Costs in Spain is expected to be 111.27 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Labour Costs is projected to trend around 123.79 points in 2024 and 126.27 points in 2025, according to our econometric models.

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Spain Labour Costs

Related Last Previous Unit Reference
Unemployment Rate 12.87 12.67 percent Dec 2022
Employed Persons 20463.90 20545.70 Thousand Dec 2022
Part Time Employment 2781.70 2622.00 Thousand Dec 2022
Full Time Employment 17682.20 17923.70 Thousand Dec 2022
Labour Costs 119.10 114.10 points Dec 2022
Wages 2268.00 2032.05 EUR/Month Dec 2022
Labor Force Participation Rate 58.52 58.86 percent Dec 2022
Wages in Manufacturing 2586.64 2325.80 EUR/Month Dec 2022
Employment Rate 50.99 51.40 percent Dec 2022

Spain Labour Costs
In Spain, labour costs refer to total labour cost per worker and month, including salary, other benefits and social security.
Actual Previous Highest Lowest Dates Unit Frequency
119.10 114.10 119.10 66.70 2000 - 2022 points Quarterly
2016=100, NSA