Labour Costs in Germany increased to 124.46 points in the second quarter of 2026 from 123.30 points in the first quarter of 2026. Labour Costs in Germany averaged 85.25 points from 1991 until 2026, reaching an all time high of 124.46 points in the second quarter of 2026 and a record low of 63.27 points in the first quarter of 1991. source: Deutsche Bundesbank

Labour Costs in Germany is expected to be 124.04 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Labour Costs is projected to trend around 126.12 points in 2027 and 127.63 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 45509.00 45522.00 Thousand Jul 2026
Employment Change -0.10 -0.10 percent Jun 2026
Employment Rate 77.20 77.10 percent Jun 2026
Full Time Employment 28211.50 28436.50 Thousand Jun 2026
Unemployment Rate Harmonised 4.00 4.00 percent Jul 2026
Job Vacancies 656.48 653.33 Thousand Aug 2026
Labor Force Participation Rate 80.40 80.40 percent Jun 2026
Labour Costs 124.46 123.30 points Jun 2026
Long Term Unemployment Rate 1.10 1.10 percent Jun 2026
Minimum Wages 13.90 12.82 EUR/Hour Jan 2026
Part Time Employment 11963.30 12051.90 Thousand Jun 2026
Population 83.50 83.58 Million Dec 2025
Productivity 97.30 97.20 points Jun 2026
Retirement Age Men 66.33 66.17 Years Dec 2026
Retirement Age Women 66.33 66.17 Years Dec 2026
Unemployed Persons 2996.00 2993.00 Thousand Aug 2026
Unemployment Change 4.00 6.00 Thousand Aug 2026
Unemployment Rate 6.40 6.40 percent Aug 2026
Real Wage Growth 1.80 1.90 percent Mar 2026
Wages 4851.00 4691.00 EUR/Month Dec 2025
Wages in Manufacturing 106.72 107.36 points Jun 2026
Youth Unemployment Rate 7.20 7.30 percent Jul 2026


Germany Labour Costs
Labor Costs refers to the relationship between compensation on turnover power per hour, and can be used as an indicator of inflationary pressure on producers. The German labor costs index is derived from data compiled by the Deutsche Bundesbank. The index represents the labor costs for firms compared to a base year, on a seasonally adjusted basis.
Actual Previous Highest Lowest Dates Unit Frequency
124.46 123.30 124.46 63.27 1991 - 2026 points Quarterly
SA, 2020=100