Within the euro area, hourly labour costs increased in all Member States except Italy (-1.6%) and Spain (-0.3%). In 2021, compared to 2020, hourly labour costs at whole economy level expressed in € rose by 1.7% in the EU and by 1.2% in the euro area. Hourly labour costs increased most in Lithuania The lowest shares of non-wage costs were recorded in Lithuania (3.7%), Romania (4.9%) and Ireland (8.7%) and the highest in Sweden (32.0%), France (31.9%) and Italy (28.3%). The share of non-wage costs in total labour costs for the whole economy was 24.6% in the EU and 25.1% in the euro area. The two main components of labour costs are wages & salaries and non-wage costs (e.g. In the mainly non-business economy (excluding public administration), they were €30.3 and €33.6 respectively. In services, hourly labour costs were €28.8 in the EU and €31.6 in the euro area. In construction, they were €26.0 and €29.3 respectively. Hourly labour costs in industry were €29.1 in the EU and €35.1 in the euro area.
The average hourly labour costs mask significant gaps between EU Member States, with the lowest hourly labour costs recorded in Bulgaria (€7.0) and Romania (€8.5), and the highest in Denmark (€46.9), Luxembourg (€43.0) and Belgium (€41.6). This article presents only a handful of findings from the more detailed Statistics Explained article. These estimates come from data on labour costs levels published by Eurostat today. These feeds are for personal use only and are subject to the terms and conditions provide by the news network providing the feed.In 2021, average hourly labour costs in the whole economy (see methodological note) were estimated to be €29.1 in the EU and €32.8 in the euro area, up compared with €28.6 and €32.4, respectively, in 2020.
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