This statistic shows the annual percentage change of the unit labor costs in Belgium from 2018 to 2020, with a forecast for 2021 to 2023. As of 2020, the annual percentage change of the unit labor costs was 4.4 percent. Furthermore, it was forecast that this percent change would decrease by 1.4 percent in 2021.
Annual percentage change of the unit labor costs in Belgium from 2018 to 2020, with a forecast for 2021 to 2023
The source adds the following definition: "compensation of employees per head divided by labour productivity per head, defined as GDP in volume divided by total employment. Employment is based on numbers of persons and not FTE"
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European Commission. (November 11, 2021). Annual percentage change of the unit labor costs in Belgium from 2018 to 2020, with a forecast for 2021 to 2023 [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/865371/annual-change-of-the-unit-labor-costs-in-belgium/
European Commission. "Annual percentage change of the unit labor costs in Belgium from 2018 to 2020, with a forecast for 2021 to 2023." Chart. November 11, 2021. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/865371/annual-change-of-the-unit-labor-costs-in-belgium/
European Commission. (2021). Annual percentage change of the unit labor costs in Belgium from 2018 to 2020, with a forecast for 2021 to 2023. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/865371/annual-change-of-the-unit-labor-costs-in-belgium/
European Commission. "Annual Percentage Change of The Unit Labor Costs in Belgium from 2018 to 2020, with a Forecast for 2021 to 2023." Statista, Statista Inc., 11 Nov 2021, https://www.statista.com/statistics/865371/annual-change-of-the-unit-labor-costs-in-belgium/
European Commission, Annual percentage change of the unit labor costs in Belgium from 2018 to 2020, with a forecast for 2021 to 2023 Statista, https://www.statista.com/statistics/865371/annual-change-of-the-unit-labor-costs-in-belgium/ (last visited November 09, 2024)
Annual percentage change of the unit labor costs in Belgium from 2018 to 2020, with a forecast for 2021 to 2023 [Graph], European Commission, November 11, 2021. [Online]. Available: https://www.statista.com/statistics/865371/annual-change-of-the-unit-labor-costs-in-belgium/
