In 2016, labour costs in Luxembourg were higher than in Germany, but lower than in Belgium.
Photo: Jessica Theis
Hourly labour costs were €36.6 in Luxembourg in 2016, according to a press release by Eurostat on Thursday 6 April.
In 2016, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €25.4 in the EU and €29.8 in the euro area.
However, this average masks significant gaps between EU member states, with the lowest hourly labour costs recorded in Bulgaria (€4.4), Romania (€5.5), Lithuania (€7.3), Latvia (€7.5), Hungary (€8.3) and Poland (€8.6), and the highest in Denmark (€42.0), Belgium (€39.2), Sweden (€38.0).
Luxembourg ranks 4th (€36.6), just ahead of France (€35.6).
Labour costs are made up of wages and salaries and non-wage costs such as employers’ social insurance contributions. The share of non-wage costs in the whole economy was 23.9% in the EU and 26.0% in the euro area, ranging from 6.6% in Malta to 33.2% in France, according to the EU statistics agency.
In terms of economic activity in Luxembourg, labour costs are lowest in construction (€25.2), industry (€31.8), business economy (€36.5), mainly non-business, excluding public administration (€37.4) and they are highest in services (€39.7).