Makrognosis

Sweden Labour cost index, business economy services (Index, 2020=100, SA)

QuarterlySeasonally adjustedCode SE.LABORCOST.Q.SA.NACE-G-N

Latest124.5Q2 2026
Previous123.1Q1 2026
Year ago121.6Q2 2025

Sweden Labour cost index, business economy services (Index, 2020=100, SA) was 124.5 in Q2 2026, up 1.1% from Q1 2026 and up 2.4% from a year earlier.

That is the highest reading since the series began in Q1 2001.

Over the past ten years it has ranged from 91.70 (Q2 2016) to 124.5 (Q2 2026), averaging 105.8.

Sweden Labour cost index, business economy services (Index, 2020=100, SA) (index), Q1 2001 – Q2 2026608010012020052010201520202025Robomacro
Sweden Labour cost index, business economy services (Index, 2020=100, SA) (index), Q1 2001 – Q2 2026. Source: Eurostat (Statistical Office of the European Union).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
Q2 2026124.5
Q1 2026123.1
Q4 2025122.9
Q3 2025122.5
Q2 2025121.6
Q1 2025120.0
Q4 2024118.2
Q3 2024117.0
Q2 2024115.6
Q1 2024116.0
Q4 2023113.5
Q3 2023112.1
Q2 2023111.2
Q1 2023109.2
Q4 2022109.0
Q3 2022107.9
Q2 2022107.4
Q1 2022106.7
Q4 2021105.3
Q3 2021104.0
Q2 2021103.6
Q1 2021104.0
Q4 2020103.0
Q3 2020101.5

Last 24 observations. The full history (102 observations) is available through the API.

Get Sweden Labour cost index, business economy services (Index, 2020=100, SA) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/SE.LABORCOST.Q.SA.NACE-G-N"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/SE.LABORCOST.Q.SA.NACE-G-N",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 2001
Observations102
FrequencyQuarterly
Unitsindex
AdjustmentSeasonally adjusted
10-year high124.5 (Q2 2026)
10-year low91.70 (Q2 2016)
10-year average105.8
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeSE.LABORCOST.Q.SA.NACE-G-N

More Sweden LABORCOST series

Sweden Labour cost index, construction (Index, 2020=100, SA)Sweden Labour cost index, industry (Index, 2020=100, SA)Sweden Labour cost index, public admin, education, health & other services (Index, 2020=100, SA)Sweden Labour cost index, whole economy (Index, 2020=100, SA)

Other Sweden indicators

Sweden GDP (Gross Domestic Product)Sweden GDP at market prices, seasonally adjusted, current prices, SEK millionSweden Inflation Rate (CPI)Sweden Core Inflation RateSweden Unemployment RateSweden 10-Year Government Bond YieldSweden Credit Rating & Sovereign Risk ScoreSweden Industrial ProductionSweden Retail SalesSweden Producer Price Inflation (PPI)Sweden Current account balance (BPM6, vs rest of world), not seasonally adjusted, million EURSweden Current account balance, % of GDPSweden Current account balance, transactions, SEK billionsSweden Trade Balance: Goods & ServicesSweden Exports of goods and services, real (chain linked volumes 2020, EUR million, seasonally & calendar adjusted)Sweden Exports of goods, total, SEK million

FAQ

What is the current labour cost index, business economy services (Index, 2020=100, SA) in Sweden?
The latest reading is 124.5 for Q2 2026, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?
It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code SE.LABORCOST.Q.SA.NACE-G-N.

Last updated 2026-11-08. Source: Eurostat (Statistical Office of the European Union). Original title: “Sweden — Labour cost index, business economy services (Index, 2020=100, SA)”.