Graph and download economic data for Labor Compensation: Wage Rate: Industry: Hourly for Italy (LCWRIN01ITM661S) from Jan 1960 to Nov 2023 about Italy, compensation, hours, wages, industry, and rate.

Graph and download economic data for Labor Compensation: Wage Rate: Industry: Hourly for Italy (LCWRIN01ITQ661N) from Q1 1960 to Q3 2023 about Italy, compensation, hours, wages, industry, and rate.

In 2020, the labor cost in Italy increased by 2.6 percent compared to 2019. In the following years, this figure was estimated to grow at a slower pace. In 2021, for instance, the labor cost was forecasted to increase by 0.5 percent compared to 2020.

Forecast: Construction Labour Compensation Per Employee in Italy 2022 - 2026 Discover more data with ReportLinker!

Labor cost index in Italy, December, 2024 The most recent value is 108.4 index points as of Q4 2024, an increase compared to the previous value of 108 index points. Historically, the average for Italy from Q1 2000 to Q4 2024 is 85.95 index points. The minimum of 62.3 index points was recorded in Q1 2000, while the maximum of 108.4 index points was reached in Q4 2024. | TheGlobalEconomy.com

Construction wages and salaries in Italy increased by nearly nine percent in 2024. According to the latest figures, the annual labor costs amounted to roughly 45,790 euros per full time employee equivalent in 2022. However, labor costs increased in the following two years. Norway was one of the countries with the highest construction labor costs in Europe.

Italy - Labour cost index was 4.30 % year-on-year in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Labour cost index - last updated from the EUROSTAT on June of 2025. Historically, Italy - Labour cost index reached a record high of 7.90 % year-on-year in June of 2020 and a record low of -4.80 % year-on-year in June of 2021.

Forecast: Financial Services and Insurance Labour Compensation Per Employee in Italy 2024 - 2028 Discover more data with ReportLinker!

italy - Share of Labour Compensation in GDP at Current National Prices for Italy was 131.94000 Ratio in February of 2025, according to the United States Federal Reserve. Historically, italy - Share of Labour Compensation in GDP at Current National Prices for Italy reached a record high of 131.94000 in February of 2025 and a record low of 112.98000 in January of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for italy - Share of Labour Compensation in GDP at Current National Prices for Italy - last updated from the United States Federal Reserve on June of 2025.

Forecast: Agriculture, Forestry and Seafood Labour Compensation Per Employee in Italy 2024 - 2028 Discover more data with ReportLinker!

The statistic shows the labor costs per employee in foreign-controlled and nationally controlled enterprises in the industrial sector in Italy in 2017. As of the survey period, the labor cost per employee amounted to 59.8 thousand euros in foreign-controlled manufacturing activities, and to about 41 thousand euros in nationally controlled enterprises in the same sector.

Italy - Labour cost index: Manufacturing was 4.80 % year-on-year in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Labour cost index: Manufacturing - last updated from the EUROSTAT on June of 2025. Historically, Italy - Labour cost index: Manufacturing reached a record high of 8.90 % year-on-year in June of 2020 and a record low of -7.80 % year-on-year in June of 2021.

In 2022, the gross salary per hour was on average 18.4 euros across all economic sectors. Employees in industry and manufacturing earned almost 20 euros per worked hour, given the strong bargaining power of trade unions in this sector. On the contrary, workers in construction and agriculture had a gross hourly wage below the national average.

Italy Labour Cost Index: Financial Intermediation data was reported at 138.000 2000=100 in Oct 2008. This records an increase from the previous number of 122.600 2000=100 for Jul 2008. Italy Labour Cost Index: Financial Intermediation data is updated quarterly, averaging 108.850 2000=100 from Jan 1996 (Median) to Oct 2008, with 52 observations. The data reached an all-time high of 138.000 2000=100 in Oct 2008 and a record low of 78.300 2000=100 in Jan 1996. Italy Labour Cost Index: Financial Intermediation data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Italy – Table IT.G009: Labour Cost Index: 2000=100.

Italy - Nominal unit labour cost was 13.40% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Nominal unit labour cost - last updated from the EUROSTAT on June of 2025. Historically, Italy - Nominal unit labour cost reached a record high of 33.50% in December of 2009 and a record low of 7.80% in December of 2019.

Italy IT: Wages Index data was reported at 113.676 2010=100 in 2017. This records an increase from the previous number of 113.017 2010=100 for 2016. Italy IT: Wages Index data is updated yearly, averaging 32.736 2010=100 from Dec 1950 (Median) to 2017, with 68 observations. The data reached an all-time high of 113.676 2010=100 in 2017 and a record low of 0.732 2010=100 in 1950. Italy IT: Wages Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Italy – Table IT.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.

Italy IT: Wages Index: % Change data was reported at 0.584 % in 2017. This records an increase from the previous number of 0.460 % for 2016. Italy IT: Wages Index: % Change data is updated yearly, averaging 4.775 % from Dec 1951 (Median) to 2017, with 67 observations. The data reached an all-time high of 28.243 % in 1975 and a record low of 0.460 % in 2016. Italy IT: Wages Index: % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Italy – Table IT.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.

Graph and download economic data for Labor Compensation: Earnings: Manufacturing: Hourly for Italy (ITALCEAMN01GPSAQ) from Q2 1955 to Q4 2024 about Italy, compensation, hours, and manufacturing.

Italy IT: Wages Index: % Change data was reported at 0.589 % in Mar 2018. This records a decrease from the previous number of 0.709 % for Dec 2017. Italy IT: Wages Index: % Change data is updated quarterly, averaging 4.207 % from Mar 1958 (Median) to Mar 2018, with 241 observations. The data reached an all-time high of 33.658 % in Mar 1977 and a record low of -0.627 % in Sep 1959. Italy IT: Wages Index: % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Italy – Table IT.IMF.IFS: Wages, Labour Cost and Employment Index: Quarterly.

The average hourly labor cost in the European Union in 2023 was 31.8 euros, with the highest average among EU member states ranging from 53.9 euros in Luxembourg, to approximately nine euros in Bulgaria.