{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"mk-unit-labour-costs","url":"https://apiardata.com/statistics/mk-unit-labour-costs","html_url":"https://apiardata.com/statistics/mk-unit-labour-costs/","title":"North Macedonia Nominal Unit Labour Costs (2023)","description":"North Macedonia's Nominal Unit Labour Costs: 122.4 Index (2010=100) in 2023, +3.1% YoY. Eurostat (NAMA_10_LP_ULC), 2000–2023.","domain":"macro","category":"Economy & Macro","keywords":["Macroeconomics","Eurostat","North Macedonia","2023"],"publisher":"Eurostat","frequency":"Annual","geography":"North Macedonia","temporal_coverage":"2000/2023","unit":"Index (2010=100)","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2023","variable_measured":"North Macedonia Nominal Unit Labour Costs","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/NAMA_10_LP_ULC/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2000–2023"},{"label":"Observations","value":"24"},{"label":"Geography","value":"North Macedonia"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"North Macedonia (2023)","value":"122.4","unit":"Index (2010=100)","trend":{"direction":"up","value":"+3.1% YoY"}},{"label":"YoY Change","value":"+3.1%","unit":"Index (2010=100)"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"24","unit":"years of data"}],"series":[{"key":"value","label":"North Macedonia Nominal Unit Labour Costs"}],"observation_count":24,"observations":[{"period":"2000","value":86.5},{"period":"2001","value":85.692},{"period":"2002","value":84.288},{"period":"2003","value":86.051},{"period":"2004","value":96.403},{"period":"2005","value":96.224},{"period":"2006","value":96.705},{"period":"2007","value":99.985},{"period":"2008","value":97.726},{"period":"2009","value":93.263},{"period":"2010","value":100},{"period":"2011","value":100.913},{"period":"2012","value":99.272},{"period":"2013","value":96.764},{"period":"2014","value":97.952},{"period":"2015","value":99.864},{"period":"2016","value":101.124},{"period":"2017","value":99.273},{"period":"2018","value":102.011},{"period":"2019","value":103.732},{"period":"2020","value":106.23},{"period":"2021","value":108.34},{"period":"2022","value":118.693},{"period":"2023","value":122.395}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"Index (2010=100)"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2023","value":"122.4","yoyChange":"+3.1%"},{"year":"2022","value":"118.7","yoyChange":"+9.6%"},{"year":"2021","value":"108.3","yoyChange":"+2.0%"},{"year":"2020","value":"106.2","yoyChange":"+2.4%"},{"year":"2019","value":"103.7","yoyChange":"+1.7%"},{"year":"2018","value":"102.0","yoyChange":"+2.8%"},{"year":"2017","value":"99.3","yoyChange":"-1.8%"},{"year":"2016","value":"101.1","yoyChange":"+1.3%"},{"year":"2015","value":"99.9","yoyChange":"+2.0%"},{"year":"2014","value":"98.0","yoyChange":"+1.2%"},{"year":"2013","value":"96.8","yoyChange":"-2.5%"},{"year":"2012","value":"99.3","yoyChange":"-1.6%"},{"year":"2011","value":"100.9","yoyChange":"+0.9%"},{"year":"2010","value":"100.0","yoyChange":"+7.2%"},{"year":"2009","value":"93.3","yoyChange":"-4.6%"},{"year":"2008","value":"97.7","yoyChange":"-2.3%"},{"year":"2007","value":"100.0","yoyChange":"+3.4%"},{"year":"2006","value":"96.7","yoyChange":"+0.5%"},{"year":"2005","value":"96.2","yoyChange":"-0.2%"},{"year":"2004","value":"96.4","yoyChange":"+12.0%"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks nominal unit labour costs per hour worked in North Macedonia from 2000 to present (index 2010=100). It is published by Eurostat and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2023. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2000–2023 (24 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 122.4 Index (2010=100) in 2023 and reached its lowest recorded value of 84.3 in 2002. The latest reading of 122.4 in 2023 represents a change of +3.1%."}]}