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Work, wages and livelihoodEnterprisesLabour cost index
The Labour Cost Index measures the quarterly change in average labour costs for hour worked in the private, central government and local government sectors. The data are collected from different sources and published quarterly.
Producer:
Statistics Finland
Database tables
Releases
According to Statistics Finland, labour costs in the private sector rose by 2.5 per cent in April to June 2022 when compared to the respective period of the year before. In the central government sector, costs grew by 3.3 per cent and in the local government sector by 3.0 per cent. The second quarter of 2022 had 61 workingdays, which is the same as in the corresponding period of 2021.
release | Labour cost index 2021, 2nd quarter
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Figures
See key statistical data in the figures.
08.09.2022
Year-on-year change in private sector labour costs by quarter
| Year-on-year change of the labour cost index (2016=100), % | Year-on-year change of the seasonally adjusted labour cost index (2016=100), % | |
|---|---|---|
| 2008Q1 | 6.3 | 4.5 |
| 2008Q2 | 2.1 | 3.5 |
| 2008Q3 | 3.0 | 3.2 |
| 2008Q4 | 3.5 | 3.9 |
| 2009Q1 | 2.4 | 3.9 |
| 2009Q2 | 8.8 | 6.5 |
| 2009Q3 | 5.0 | 5.0 |
| 2009Q4 | 0.8 | 1.4 |
| 2010Q1 | 3.7 | 3.1 |
| 2010Q2 | -0.0 | 0.3 |
| 2010Q3 | 0.8 | 0.9 |
| 2010Q4 | 2.3 | 2.4 |
| 2011Q1 | 1.2 | 1.8 |
| 2011Q2 | 2.6 | 1.7 |
| 2011Q3 | 2.6 | 2.8 |
| 2011Q4 | 4.0 | 3.8 |
| 2012Q1 | 3.0 | 3.3 |
| 2012Q2 | 5.9 | 5.3 |
| 2012Q3 | 4.6 | 4.9 |
| 2012Q4 | 4.6 | 4.4 |
| 2013Q1 | 3.7 | 2.3 |
| 2013Q2 | 1.7 | 2.9 |
| 2013Q3 | 0.9 | 1.3 |
| 2013Q4 | 0.9 | 1.0 |
| 2014Q1 | 1.7 | 2.9 |
| 2014Q2 | 2.6 | 0.9 |
| 2014Q3 | 0.9 | 1.1 |
| 2014Q4 | 0.9 | 1.0 |
| 2015Q1 | 1.8 | 1.4 |
| 2015Q2 | 1.8 | 1.9 |
| 2015Q3 | 1.2 | 1.2 |
| 2015Q4 | 0.8 | 0.8 |
| 2016Q1 | 1.6 | 0.4 |
| 2016Q2 | -2.5 | -1.1 |
| 2016Q3 | 2.1 | 1.9 |
| 2016Q4 | 1.5 | 1.1 |
| 2017Q1 | -2.5 | -0.9 |
| 2017Q2 | 1.5 | -0.0 |
| 2017Q3 | -2.6 | -1.9 |
| 2017Q4 | -0.3 | -0.4 |
| 2018Q1 | 2.4 | 1.0 |
| 2018Q2 | 1.3 | 2.4 |
| 2018Q3 | 1.3 | 1.7 |
| 2018Q4 | 1.1 | 1.2 |
| 2019Q1 | 0.3 | 1.5 |
| 2019Q2 | 1.3 | 0.2 |
| 2019Q3 | 0.2 | 0.6 |
| 2019Q4 | 1.5 | 1.6 |
| 2020Q1 | 0.7 | 0.3 |
| 2020Q2 | 0.4 | 0.7 |
| 2020Q3 | 0.4 | 1.0 |
| 2020Q4 | -1.2 | -0.1 |
| 2021Q1 | 3.2 | 2.4 |
| 2021Q2 | 2.8 | 2.9 |
| 2021Q3 | 4.1 | 3.4 |
| 2021Q4 | 3.9 | 3.5 |
| 2022Q1 | 2.5 | 3.0 |
| 2022Q2 | 2.5 | 2.0 |
08.09.2022
Labour cost index by sector
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