Labour Costs in Spain increased to 106 Index Points in the fourth quarter of 2018 from 98.40 Index Points in the third quarter of 2018. Labour Costs in Spain averaged 91.48 Index Points from 2000 until 2018, reaching an all time high of 106 Index Points in the fourth quarter of 2018 and a record low of 66.70 Index Points in the first quarter of 2000.

Labour Costs in Spain is expected to be 104.20 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Spain to stand at 109.10 in 12 months time. In the long-term, the Spain Labour Costs is projected to trend around 112.20 Index Points in 2020, according to our econometric models.

Spain Labour Costs
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Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.70 14.45 26.94 4.41 percent [+]
Employed Persons 19471.10 19564.60 20510.60 10949.20 Thousand [+]
Unemployed Persons 3147.42 3166.56 4889.46 468.29 Thousand [+]
Unemployment Change -91.50 -34.00 461.01 -129.30 Thousand [+]
Part Time Employment 2900.70 2894.80 2900.70 572.70 Thousand [+]
Full Time Employment 16570.40 16669.80 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 5.70 6.10 13.60 1.50 percent [+]
Youth Unemployment Rate 33.70 32.40 55.90 17.20 percent [+]
Productivity 101.80 109.80 112.30 85.70 Index Points [+]
Labour Costs 106.00 98.40 106.00 66.70 Index Points [+]
Job Vacancies 55.39 54.51 541.53 19.61 Thousand [+]
Wages 2039.01 1842.62 2039.01 1264.36 EUR/Month [+]
Minimum Wages 1050.00 858.55 1050.00 485.71 EUR/Month [+]
Population 46.66 46.53 46.82 30.33 Million [+]
Retirement Age Women 65.50 65.42 65.50 65.00 [+]
Retirement Age Men 65.50 65.42 65.50 65.00 [+]
Labor Force Participation Rate 58.35 58.61 60.55 48.88 percent [+]
Living Wage Family 1150.00 1120.00 1150.00 1060.00 EUR/Month [+]
Living Wage Individual 855.00 820.00 855.00 770.00 EUR/Month [+]
Wages High Skilled 1990.00 1990.00 2120.00 1990.00 EUR/Month [+]
Wages Low Skilled 932.00 894.00 1150.00 894.00 EUR/Month [+]
Employment Change 0.70 0.70 1.80 -2.30 percent [+]
Employment Rate 63.58 64.00 67.18 54.91 percent [+]


Spain Labour Costs

In Spain, labour costs refer to total labour cost per worker and month, including salary, other benefits and social security. This page provides - Spain Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Labour Costs - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
106.00 98.40 106.00 66.70 2000 - 2018 Index Points Quarterly
2012=100, NSA




Country Last Previous
Australia 103.60 Dec/18
Brazil 113.52 Mar/19
Canada 107.34 Dec/18
China 104.30 Mar/19
Euro Area 116.60 Dec/18
France 108.50 Dec/18
Germany 115.62 Dec/18
Italy 108.70 Dec/18
Mexico 85.70 Feb/19
Netherlands 108.30 Dec/18
Singapore 117.00 Dec/18
South Africa 154.00 Sep/18
South Korea 103.10 Dec/18
Spain 106.00 Dec/18
Turkey 162.85 Dec/18
United Kingdom 105.60 Dec/18
United States 109.69 Mar/19


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