Makrognosis

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

QuarterlySeasonally adjustedCode SE.LABORCOST.Q.SA

Latest122.7Q2 2026
Previous121.6Q1 2026
Year ago119.7Q2 2025

Sweden Labour cost index, whole economy (Index, 2020=100, SA) was 122.7 in Q2 2026, up 0.9% from Q1 2026 and up 2.5% from a year earlier.

That is the highest reading since the series began in Q1 2008.

Over the past ten years it has ranged from 90.20 (Q2 2016) to 122.7 (Q2 2026), averaging 104.9.

Sweden Labour cost index, whole economy (Index, 2020=100, SA) (index), Q1 2008 – Q2 202660801001202010201520202025Robomacro
Sweden Labour cost index, whole economy (Index, 2020=100, SA) (index), Q1 2008 – 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 2026122.7
Q1 2026121.6
Q4 2025121.1
Q3 2025120.3
Q2 2025119.7
Q1 2025118.1
Q4 2024116.9
Q3 2024115.8
Q2 2024114.2
Q1 2024114.0
Q4 2023113.2
Q3 2023112.0
Q2 2023111.3
Q1 2023109.3
Q4 2022108.1
Q3 2022107.3
Q2 2022106.3
Q1 2022106.5
Q4 2021104.8
Q3 2021103.4
Q2 2021103.3
Q1 2021103.4
Q4 2020102.8
Q3 2020101.0

Last 24 observations. The full history (74 observations) is available through the API.

Get Sweden Labour cost index, whole economy (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"

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

About this series

Latest observationQ2 2026
First observationQ1 2008
Observations74
FrequencyQuarterly
Unitsindex
AdjustmentSeasonally adjusted
10-year high122.7 (Q2 2026)
10-year low90.20 (Q2 2016)
10-year average104.9
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeSE.LABORCOST.Q.SA

More Sweden LABORCOST series

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

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, whole economy (Index, 2020=100, SA) in Sweden?
The latest reading is 122.7 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.

Last updated 2026-09-18. Source: Eurostat (Statistical Office of the European Union). Original title: “Sweden — Labour cost index, whole economy (industry, construction & services) (Index, 2020=100, SA)”.