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Nominal unit labour cost growth

The unit labour cost (ULC) is defined as the ratio of labour costs to labour productivity. Nominal ULC (NULC) = (D1/EEM) / (B1GM/ETO) with D1 = Compensation of employees, all industries, current prices EEM = Employees, all industries, in persons (domestic concept) B1GM = Gross domestic product at market prices in millions, chain-linked volumes reference year 2010 ETO = Total employment, all industries, in persons (domestic concept) The input data are obtained through official transmissions of national accounts' country data in the ESA 2010 transmission programme.

eu-estat-sdmx:TESEM170

Nominal unit labour cost growth

ESTAT

Publisher
ESTAT
Source
Eurostat (eu-estat-sdmx)
Status
Active
Formats
SDMX-XML
Licence
EU reuse policy (Commission Decision 2011/833/EU) — attribution required · open
Standard
SDMX 2.1
Dataset id
eu-estat-sdmx:TESEM170
Last verified
2026-08-16