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In 2014, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be EUR 24.6 in the European Union and EUR 29.2 in the euro area. However, this average masks significant gaps between EU Member States, with the lowest hourly labour costs recorded in Bulgaria (EUR 3.8), Romania (EUR 4.6), Lithuania (EUR 6.5 or LTL 22.3) and Latvia (EUR 6.6) and the highest in Denmark (EUR 40.3), Belgium (EUR 39.1), Sweden (EUR 37.4) and Luxembourg (EUR 35.9), Eurostat, the statistical office of the European Union reports.
Euros
Euros
© DELFI / Kiril Čachovskij
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