Labour Costs in Finland increased to 102.33 points in the fourth quarter of 2020 from 101.34 points in the third quarter of 2020. source: European Central Bank

Labour Costs in Finland averaged 74.54 points from 1975 until 2020, reaching an all time high of 102.33 points in the fourth quarter of 2020 and a record low of 28.40 points in the first quarter of 1975. This page provides - Finland Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Labour Costs - values, historical data and charts - was last updated on May of 2021.

Labour Costs in Finland is expected to be 100.07 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Finland to stand at 104.47 in 12 months time. In the long-term, the Finland Labour Costs is projected to trend around 103.52 points in 2022 and 106.62 points in 2023, according to our econometric models.

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Finland Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
102.33 101.34 102.33 28.40 1975 - 2020 points Quarterly
2010=100, SA

Finland Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.10 8.10 19.90 0.70 percent [+]
Employed Persons 2496.00 2481.00 2688.00 1942.00 Thousand [+]
Unemployed Persons 219.00 220.00 512.00 15.00 Thousand [+]
Labor Force Participation Rate 65.80 65.50 73.80 62.00 percent [+]
Long Term Unemployment Rate 1.30 1.10 5.50 1.00 percent [+]
Youth Unemployment Rate 20.00 16.50 51.90 3.20 percent [+]
Labour Costs 102.33 101.34 102.33 28.40 points [+]
Job Vacancies 89736.00 85194.00 96096.00 2624.00 [+]
Wages 3620.00 3605.00 3620.00 2009.00 EUR/Month [+]
Wages in Manufacturing 105.60 105.10 105.60 40.60 points [+]
Population 5.53 5.52 5.53 4.41 Million [+]
Retirement Age Women 63.75 63.50 63.75 63.00 [+]
Retirement Age Men 63.75 63.50 63.75 63.00 [+]
Full Time Employment 2054.40 2124.90 2243.80 1868.00 Thousand [+]
Employment Change 0.60 1.00 1.70 -2.90 percent [+]
Employment Rate 70.00 69.90 79.60 56.80 percent [+]
Wage Growth 0.20 -0.50 8.50 -4.00 percent [+]
Part Time Employment 383.60 343.70 402.40 225.90 Thousand [+]
Productivity 97.10 103.70 105.10 62.10 points [+]