Slovenia had the highest hourly labor costs in the economy among Central and Eastern European countries, reaching 25.5 euros in 2023. However, hourly labor costs amounted to 31.8 euros in the European Union and the Euro area - 35.6 euros. The lowest costs were in Bulgaria, at 9.3 euros per hour in 2023.
Hourly labor costs for whole economy in Central and Eastern European countries between 2020 and 2023
(in euros)
Total Labour Costs refer to the total expenditure borne by employers in order to employ staff. They cover wage and non-wage costs less subsidies. They do include vocational training costs or other expenditures such as recruitment costs, spending on working clothes, etc. Wage and salary costs include direct remunerations, bonuses, and allowances paid by an employer in cash or in kind to an employee in return for work done, payments to employees saving schemes, payments for days not worked and remunerations in kind such as food, drink, fuel, company cars, etc. Non-wage costs include the employers’ social contributions plus employment taxes regarded as labour costs less subsidies intended to refund part or all of employer’s cost of direct remuneration.
Industry, construction and services (except public administration, defense, compulsory social security)
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Eurostat. (March 27, 2024). Hourly labor costs for whole economy in Central and Eastern European countries between 2020 and 2023 (in euros) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1299484/cee-labor-cost-levels/
Eurostat. "Hourly labor costs for whole economy in Central and Eastern European countries between 2020 and 2023 (in euros)." Chart. March 27, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1299484/cee-labor-cost-levels/
Eurostat. (2024). Hourly labor costs for whole economy in Central and Eastern European countries between 2020 and 2023 (in euros). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1299484/cee-labor-cost-levels/
Eurostat. "Hourly Labor Costs for Whole Economy in Central and Eastern European Countries between 2020 and 2023 (in Euros)." Statista, Statista Inc., 27 Mar 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1299484/cee-labor-cost-levels/
Eurostat, Hourly labor costs for whole economy in Central and Eastern European countries between 2020 and 2023 (in euros) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1299484/cee-labor-cost-levels/ (last visited November 10, 2024)
Hourly labor costs for whole economy in Central and Eastern European countries between 2020 and 2023 (in euros) [Graph], Eurostat, March 27, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1299484/cee-labor-cost-levels/