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Annual change of the unit labor costs in Belgium 2018-2023

Published by Statista Research Department, May 17, 2022
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

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Source

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Release date

November 2021

Region

Belgium

Survey time period

2018 to 2023

Special properties

whole economy

Supplementary notes

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"

** Figures are forecast.

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