Slovenia's Hourly Labour Costs 2/3 EU Average, Between Spain, Portugal

By , 29 Mar 2022, 16:06 PM Business
Slovenia's Hourly Labour Costs 2/3 EU Average, Between Spain, Portugal Figure: Eurostat

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STA, 28 March 2022 - Hourly labour costs averaged EUR 21.1 in Slovenia last year, well below the EU and eurozone averages of EUR 29.1 and EUR 32.8, respectively, despite growing at a brisk pace, show the latest Eurostat data.

At 6%, Slovenia had the third-fastest rate of increase last year behind Lithuania (11.9%) and Estonia (6.6%).

Hourly labour costs ranged from almost EUR 47 in Denmark and EUR 43 in Luxembourg to EUR 7 in Bulgaria and EUR 8.5 in Romania.

Slovenia's labour costs place it in the company of Mediterranean member states, between Spain (EUR 22.9) and Portugal (EUR 16).

Other Central and Eastern European member states had significantly lower costs.

The figures cover all major economic sectors except agriculture and the public administration.

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