Labour Costs in Romania increased to 161.63 points in the first quarter of 2022 from 113.07 points in the fourth quarter of 2021. source: EUROSTAT

Labour Costs in Romania averaged 75.07 points from 1995 until 2022, reaching an all time high of 165.40 points in the first quarter of 2020 and a record low of 2.10 points in the third quarter of 1995. This page provides - Romania Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Unit Labour Costs - values, historical data and charts - was last updated on June of 2022.

Labour Costs in Romania is expected to be 147.28 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Unit Labour Costs is projected to trend around 128.48 points in 2023 and 137.09 points in 2024, according to our econometric models.

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Romania Unit Labour Costs

Related Last Previous Unit Reference
Long Term Unemployment Rate 2.20 2.00 percent Dec 2021
Youth Unemployment Rate 22.00 22.00 percent Dec 2021
Labour Costs 161.63 113.07 points Mar 2022
Minimum Wages 515.26 466.72 EUR/Month Mar 2022
Population 19.33 19.41 Million Dec 2020
Productivity 139.05 134.74 points Mar 2022
Full Time Employment 7419.40 7429.50 Thousand Dec 2021
Employment Change 0.10 -1.20 percent Dec 2021
Part Time Employment 247.00 259.50 Thousand Dec 2021