Unit labor cost and its components
(Percentage changes)

Firms with 200 employees or less
 
Series values:
  1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Productivity2.6 4.4 2.2 15.7 8.1 4.6 5.7 5.6 -0.9 6.0 4.9 0.2 0.0 3.6 2.5 5.0 3.1 0.4 -9.5 7.7 5.7 2.2 2.6 2.9 2.4 0.9
Unit cost7.7 4.2 3.5 -13.7 -5.1 -0.5 -3.8 -2.6 2.1 -1.6 0.9 3.3 3.9 0.1 1.5 -2.1 0.1 8.0 10.3 -6.6 -3.8 1.3 -1.7 0.0 3.4 3.4
Cost per employee10.5 8.9 5.7 -0.2 2.6 4.1 1.7 3.0 1.2 4.3 5.8 3.4 3.8 3.6 3.5 2.9 3.5 7.6 0.8 1.1 1.9 3.5 0.9 0.0 3.5 3.4
Source: ESEE (Fundación SEPI)