{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"mt-labour-cost-index","url":"https://apiardata.com/statistics/mt-labour-cost-index","html_url":"https://apiardata.com/statistics/mt-labour-cost-index/","title":"Malta Labour Cost Index (2025)","description":"Malta's Labour Cost Index: 122 Index (2016=100) in 2025, -0.5% YoY. Eurostat (LC_LCI_R2_A), 2011–2025.","domain":"prices","category":"Prices & Inflation","keywords":["Prices & Inflation","Eurostat","Malta","2025"],"publisher":"Eurostat","frequency":"Annual","geography":"Malta","temporal_coverage":"2011/2025","unit":"Index (2016=100)","last_updated":"2026-07-26","last_updated_text":"26 July 2026","data_as_of":"2025","variable_measured":"Malta Labour Cost Index","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/LC_LCI_R2_A/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2011–2025"},{"label":"Observations","value":"12"},{"label":"Geography","value":"Malta"},{"label":"Last updated","value":"26 July 2026"}],"kpis":[{"label":"Malta (2025)","value":"122","unit":"Index (2016=100)","trend":{"direction":"down","value":"-0.5% YoY"}},{"label":"YoY Change","value":"-0.5%","unit":"Index (2016=100)"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"12","unit":"years of data"}],"series":[{"key":"value","label":"Malta Labour Cost Index"}],"observation_count":12,"observations":[{"period":"2011","value":76.2},{"period":"2012","value":79.1},{"period":"2013","value":81.9},{"period":"2014","value":85.5},{"period":"2015","value":91.3},{"period":"2019","value":102.7},{"period":"2020","value":100},{"period":"2021","value":104.4},{"period":"2022","value":112.3},{"period":"2023","value":117.4},{"period":"2024","value":122.6},{"period":"2025","value":122}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"Index (2016=100)"},{"key":"yoyChange","label":"Change"}],"rows":[{"year":"2025","value":"122.0","yoyChange":"-0.5%"},{"year":"2024","value":"122.6","yoyChange":"+4.4%"},{"year":"2023","value":"117.4","yoyChange":"+4.5%"},{"year":"2022","value":"112.3","yoyChange":"+7.6%"},{"year":"2021","value":"104.4","yoyChange":"+4.4%"},{"year":"2020","value":"100.0","yoyChange":"-2.6%"},{"year":"2019","value":"102.7","yoyChange":"n/a"},{"year":"2015","value":"91.3","yoyChange":"+6.8%"},{"year":"2014","value":"85.5","yoyChange":"+4.4%"},{"year":"2013","value":"81.9","yoyChange":"+3.5%"},{"year":"2012","value":"79.1","yoyChange":"+3.8%"},{"year":"2011","value":"76.2","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks the nominal labour cost index (wages + non-wage costs) across the business economy (NACE B-S) in Malta from 2008 to present, indexed to 2016=100. Labour costs are the primary driver of service-sector inflation and manufacturing location decisions. It is published by Eurostat and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2011–2025 (12 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 122.6 Index (2016=100) in 2024 and reached its lowest recorded value of 76.2 in 2011. The latest reading of 122 in 2025 represents a change of -0.6."}]}