For 2016 average monthly labour costs per person in paid employment in Slovenia amounted to EUR 2,177.31.
2.2% annual increase in labour costs
Average monthly labour costs per person in paid employment for 2016 in Slovenia amounted to EUR 2,177.31, which is an increase of 2.2% over the previous year. Average labour costs per hour worked amounted to EUR 15.06. The highest share in the labour costs was that of employee’s incomes, 85.2%.
The highest labour costs in financial and insurance activities
Average monthly labour costs per person in paid employment for 2016 were the highest in financial and insurance activities (EUR 3,307.23) and in electricity, gas, steam and air conditioning supply (EUR 3,220.11), and the lowest in accommodation and food service activities (EUR 1,384.87) and in administrative and support service activities (EUR 1,496.41).
For 2016 the highest labour costs in the EU were recorded in Denmark and the lowest in Bulgaria
According to the Eurostat’s data and methodology for 2016 (source: Eurostat, on 18 October 2017), the highest average labour costs per hour worked in all activities (except activity agriculture, forestry and fishing and activity public administration and defence, compulsory social security) and in business entities with more than 9 employees were recorded in Denmark (EUR 42.0), in Belgium (EUR 39.2), in Sweden (EUR 38.0) and in Luxembourg (EUR 36.6); in the EU-28 they were EUR 25.4. For the same period the lowest average labour costs per hour worked were recorded in Bulgaria (EUR 4.4) and in Romania (EUR 5.5). For 2016 Slovenia’s average labour costs per hour worked in the mentioned activities and business entities amounted to EUR 16.2, which ranked our country between Spain (EUR 21.3) and Cyprus (EUR 15.8).
Table 1: Average labour costs, Slovenia, 2016
M less accurate estimation
1) Subsidies reduce labour costs.