Labour Costs in Malta increased to 141.60 points in the second quarter of 2020 from 119.02 points in the first quarter of 2020. source: European Central Bank

Labour Costs in Malta averaged 92.36 points from 2000 until 2020, reaching an all time high of 141.60 points in the second quarter of 2020 and a record low of 64.45 points in the third quarter of 2000. This page provides - Malta Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malta Labour Costs - values, historical data and charts - was last updated on November of 2020.

Labour Costs in Malta is expected to be 116.21 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Malta to stand at 110.53 in 12 months time. In the long-term, the Malta Labour Costs is projected to trend around 110.70 points in 2021 and 110.76 points in 2022, according to our econometric models.

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Malta Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
141.60 119.02 141.60 64.45 2000 - 2020 points Quarterly
2010=100, NSA

Malta Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 3.30 8.24 3.20 percent [+]
Employed Persons 229325.00 225703.00 229325.00 128206.00 [+]
Unemployed Persons 3385.00 3672.00 8830.00 1616.00 [+]
Long Term Unemployment Rate 0.90 1.00 4.30 0.90 percent [+]
Youth Unemployment Rate 8.80 9.50 19.90 7.50 percent [+]
Labour Costs 141.60 119.02 141.60 64.45 points [+]
Wages 1490.67 20196.07 20196.07 1490.67 EUR/Year [+]
Minimum Wages 777.10 777.10 777.10 464.93 EUR/Month [+]
Population 0.49 0.48 0.49 0.30 Million [+]
Retirement Age Women 63.00 63.00 63.00 60.00 [+]
Retirement Age Men 63.00 63.00 63.00 61.00 [+]
Labor Force Participation Rate 62.00 61.80 62.00 48.40 percent [+]
Part Time Employment 27.50 31.10 32.40 8.60 Thousand [+]
Productivity 94.00 101.70 104.10 70.70 points [+]
Employment Change 0.60 1.10 2.60 -1.60 percent [+]
Employment Rate 73.00 74.60 74.60 53.00 percent [+]
Full Time Employment 226.30 224.40 226.30 132.80 Thousand [+]