Labour Costs in Spain increased to 113.10 points in the fourth quarter of 2021 from 104.20 points in the third quarter of 2021. source: National Statistics Institute (INE)

Labour Costs in Spain averaged 93.16 points from 2000 until 2021, reaching an all time high of 113.10 points in the fourth quarter of 2021 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 December of 2022.

Labour Costs in Spain is expected to be 115.93 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 118.25 points in 2023 and 120.61 points in 2024, according to our econometric models.

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Spain Labour Costs

Related Last Previous Unit Reference
Unemployment Rate 12.67 12.48 percent Sep 2022
Employed Persons 20545.70 20468.00 Thousand Sep 2022
Full Time Employment 17923.70 17649.80 Thousand Sep 2022
Part Time Employment 2622.00 2818.30 Thousand Sep 2022
Labour Costs 113.00 107.40 points Jun 2022
Wages 2153.88 2006.61 EUR/Month Jun 2022
Employment Rate 51.40 51.38 percent Sep 2022
Labor Force Participation Rate 58.86 58.71 percent Sep 2022
Wages in Manufacturing 2501.54 2292.32 EUR/Month Jun 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
113.00 107.40 113.10 66.70 2000 - 2022 points Quarterly
2016=100, NSA