# Compensation of employees per hour worked in Balearic Islands

Compensation of employees per hour worked in Balearic Islands was €25.19 in 2024 (estimated). Source: Invokely.

- Indicator id: `compensation_per_hour_worked_eur`
- Place id: `es-ccaa-04`
- Unit: EUR
- Definition: Wages, salaries and employers' social contributions divided by the hours actually worked by employees, in euros per hour, for the place where people work (Eurostat regional accounts).
- Note: A labour cost measure, higher than take-home pay because it includes employers' social contributions. Price levels differ between countries.
- Source: Invokely, Compensation of employees (Eurostat nama_10r_2coe) divided by hours worked by employees (Eurostat nama_10r_2emhrw) (https://invokely.ai/docs/methodology#compensation_per_hour_worked_eur)
- Retrieved: 2026-10-12
- License: CC BY 4.0, inheriting the terms of each input source
- Citation: Invokely calculation from Compensation of employees (Eurostat nama_10r_2coe) divided by hours worked by employees (Eurostat nama_10r_2emhrw). https://invokely.ai/docs/methodology#compensation_per_hour_worked_eur. Retrieved 2026-10-12.
- Web page: https://invokely.ai/en/compensation-per-hour-worked/balearic-islands
- API: https://invokely.ai/api/v1/series?indicator=compensation_per_hour_worked_eur&place=es-ccaa-04

| Period | EUR |
|---|---:|
| 2024 | 25.19 (estimated) |
| 2023 | 23.4 (estimated) |
| 2022 | 22.32 |
| 2021 | 21.77 |
| 2020 | 21.68 |
| 2019 | 20.5 |
| 2018 | 19.69 |
| 2017 | 19.46 |
| 2016 | 18.74 |
| 2015 | 18.65 |
| 2014 | 18.12 |
| 2013 | 18.3 |
| 2012 | 17.98 |
| 2011 | 18.31 |
| 2010 | 18.07 |
| 2009 | 17.52 |
| 2008 | 17.13 |
| 2007 | 15.94 |
| 2006 | 15.48 |
| 2005 | 14.93 |
| 2004 | 14.79 |
| 2003 | 13.88 |
| 2002 | 13.62 |
| 2001 | 13.08 |
| 2000 | 12.81 |