Labour Costs in Germany increased to 123.49 points in the third quarter of 2025 from 122.22 points in the second quarter of 2025. Labour Costs in Germany averaged 84.45 points from 1991 until 2025, reaching an all time high of 123.49 points in the third quarter of 2025 and a record low of 63.27 points in the first quarter of 1991. source: Deutsche Bundesbank

Labour Costs in Germany is expected to be 122.92 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Labour Costs is projected to trend around 126.97 points in 2027 and 128.49 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 45909.00 46035.00 Thousand Dec 2025
Employment Change -0.10 -0.10 percent Dec 2025
Employment Rate 77.30 77.20 percent Sep 2025
Full Time Employment 28733.70 28729.60 Thousand Sep 2025
Unemployment Rate Harmonised 3.80 3.80 percent Dec 2025
Job Vacancies 619.35 623.93 Thousand Dec 2025
Labor Force Participation Rate 80.60 80.30 percent Sep 2025
Labour Costs 123.49 122.22 points Sep 2025
Long Term Unemployment Rate 1.10 1.10 percent Sep 2025
Minimum Wages 13.90 12.82 EUR/Hour Jan 2026
Part Time Employment 11910.50 12108.70 Thousand Sep 2025
Population 83.58 83.46 Million Dec 2024
Productivity 97.10 94.50 points Nov 2025
Retirement Age Men 66.00 66.00 Years Dec 2025
Retirement Age Women 66.00 66.00 Years Dec 2025
Unemployed Persons 2976.00 2976.00 Thousand Jan 2026
Unemployment Change 0.00 3.00 Thousand Jan 2026
Unemployment Rate 6.30 6.30 percent Jan 2026
Real Wage Growth 2.70 1.90 percent Sep 2025
Wages 4701.00 4479.00 EUR/Month Dec 2024
Wages in Manufacturing 169.98 103.77 points Nov 2025
Youth Unemployment Rate 6.80 6.80 percent Dec 2025


Germany Labour Costs
Labor Costs refers to the relationship between compensation on turnover power per hour, and can be used as an indicator of inflationary pressure on producers. The German labor costs index is derived from data compiled by the Deutsche Bundesbank. The index represents the labor costs for firms compared to a base year, on a seasonally adjusted basis.
Actual Previous Highest Lowest Dates Unit Frequency
123.49 122.22 123.49 63.27 1991 - 2025 points Quarterly
SA, 2020=100