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4.1.9 International competitiveness

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Question 5

The table below shows the Unit Labour Cost (ULC) index for selected countries in 2018 and 2023, where 2015 is the base year (2015=1002015 = 1002015=100).

CountryUnit Labour Cost Index (2018)Unit Labour Cost Index (2023)
France105126
United Kingdom108124.2
Spain102117.3
United States110121

Based on this data, what is the percentage increase in France's unit labour costs between 2018 and 2023?

16.7%16.7\%16.7%

20%20\%20%

21%21\%21%

26%26\%26%

4.1.9 International competitiveness Questions

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