Belgium NBB Forecast: Labour Costs In The Private Sector Per Hour Worked: YoY

2017 - 2025 | Yearly | % | National Bank of Belgium

Belgium NBB Forecast: Labour Costs In The Private Sector Per Hour Worked: YoY data was reported at 3.100 % in 2025. This records a decrease from the previous number of 3.300 % for 2024. Belgium NBB Forecast: Labour Costs In The Private Sector Per Hour Worked: YoY data is updated yearly, averaging 3.100 % from Dec 2017 (Median) to 2025, with 9 observations. The data reached an all-time high of 8.200 % in 2023 and a record low of -0.200 % in 2021. Belgium NBB Forecast: Labour Costs In The Private Sector Per Hour Worked: YoY data remains active status in CEIC and is reported by National Bank of Belgium. The data is categorized under Global Database’s Belgium – Table BE.G048: Labour Statistics: Forecast: National Bank of Belgium.

View Belgium's Belgium NBB Forecast: Labour Costs In The Private Sector Per Hour Worked: YoY from 2017 to 2025 in the chart:

Belgium Belgium NBB Forecast: Labour Costs In The Private Sector Per Hour Worked: YoY

What is Belgium's Belgium NBB Forecast: Labour Costs In The Private Sector Per Hour Worked: YoY in 2025?

Last Previous Min Max Unit Frequency Range
3.100 2025 3.300 2024 -0.200 2021 8.200 2023 % yearly 2017 - 2025

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Belgium Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 84,000.968 2029 yearly 1980 - 2029
Forecast: Nominal GDP Per Capita (USD) 64,689.995 2029 yearly 1980 - 2029
Forecast: Real GDP Growth (%) 1.289 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 5.4 Mar 2023 quarterly Mar 1996 - Mar 2023
GDP per Capita (USD) 49,392.667 2022 yearly 1957 - 2022
Gross Fixed Capital Formation (USD mn) 39,933.738 Jun 2024 quarterly Mar 1980 - Jun 2024
Gross Savings Rate (%) 25.8 Mar 2024 quarterly Mar 1980 - Mar 2024
Investment: % of GDP (%) 22.1 Jun 2024 quarterly Mar 1980 - Jun 2024
Nominal GDP (USD mn) 153,814.1 Mar 2023 quarterly Mar 1980 - Mar 2023
Nominal GDP Growth (%) 4.072 Jun 2024 quarterly Mar 1981 - Jun 2024
Private Consumption Expenditure (USD mn) 82,627.764 Jun 2024 quarterly Mar 1980 - Jun 2024
Private Consumption: % of GDP (%) 51.4 Jun 2024 quarterly Mar 1980 - Jun 2024
Public Consumption Expenditure (USD mn) 40,166.274 Jun 2024 quarterly Mar 1980 - Jun 2024
Public Consumption: % of GDP (%) 24.8 Jun 2024 quarterly Mar 1980 - Jun 2024
Real GDP Growth (%) 1.9 Sep 2022 quarterly Mar 1996 - Sep 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 161.369 Jun 2024 quarterly Mar 1980 - Jun 2024
Gross National Product (GNP) (USD mn) 163,536.063 Mar 2024 quarterly Mar 1980 - Mar 2024
Production Last Frequency Range
Industrial Production Index Growth (%) -3.8 Apr 2023 monthly Jan 1956 - Apr 2023
Minerals Production (Metric Ton) 1,219.000 2022 yearly 2011 - 2022
Motor Vehicle Production (Unit) 332,103.000 2023 yearly 1997 - 2023
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) 1.1 Aug 2012 monthly Jan 2001 - Aug 2012
Construction and Properties Last Frequency Range
Building Permits (Unit) 2,229.000 Jul 2024 monthly Jan 1990 - Jul 2024
House Prices Growth (%) 1.8 Jun 2024 quarterly Mar 1974 - Jun 2024
Nominal Residential Property Price Index (2010=100) 151.860 Jun 2024 quarterly Mar 1970 - Jun 2024
Nominal Residential Property Price Index Growth (%) 3.382 Jun 2024 quarterly Mar 1971 - Jun 2024
Real Residential Property Price Index (2010=100) 107.255 Jun 2024 quarterly Mar 1970 - Jun 2024
Real Residential Property Price Index Growth (%) -0.108 Jun 2024 quarterly Mar 1971 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.5 2023 yearly 1970 - 2023
Forecast: Government Expenditure (EUR bn) 400.202 2029 yearly 1980 - 2029
Forecast: Government Net Debt (EUR bn) 839.938 2029 yearly 1980 - 2029
Forecast: Government Revenue (EUR bn) 355.702 2029 yearly 1980 - 2029
Government Debt: % of GDP (%) 108.2 Mar 2024 quarterly Dec 1980 - Mar 2024
National Government Debt (USD mn) 688,479.8 Mar 2024 quarterly Mar 1980 - Mar 2024
Tax Revenue (USD mn) 188,333.360 2023 yearly 1970 - 2023
Consolidated Fiscal Balance (USD mn) -28,081.402 2023 yearly 1970 - 2023
Tax Revenue: % of GDP (%) 29.8 2023 yearly 1980 - 2023

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