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Data reference period (1) Geographic localization (Portugal)Labour cost index (Annual average growth rate - working days adjusted - Base 2020 - %) by Economic activity (NACE Rev. 2) and Index components; Annual (3)
Economic activity (NACE Rev. 2)
TOT: Total (B a S)
Index components (2)
T: Total
%
2023PT: Portugal5,4
Labour cost index (Annual average growth rate - working days adjusted - Base 2020 - %) by Economic activity (NACE Rev. 2) and Index components; Annual - Statistics Portugal, Labour Cost Index_Enterprise (Base 2020)
Note(s):
(1) The 2023 data were revised as a result of the inclusion of information for the 4th quarter of 2023 sent lately by some enterprises of the sample survey on hours worked and from the update of information obtained through administrative sources.
(2) To be in line with the series that are going to be published by Eurostat, which has changed the LCI reference year from 2016 to 2020, the indices are now published for the reference year 2020 (2020=100). The back series of indices were recalculated for the period from the 1st quarter of 2008 to the 4th quarter of 2022.
(3) With the publication of the results for the 1st quarter of 2020, Statistics Portugal started to include in the LCI calculation, for the labour costs components, information obtained from administrative sources, corresponding to the universe (instead of the sample). The information on hours actually worked continued to be obtained by direct inquiry and for the above mentioned sample and no changes were introduced at this level. This change had impact in the indices released since the 1st quarter of 2019.

This data last updated:may 13, 2024