What are Data Labels for Charts in Excel?

Data Science, AI and ML
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Data labels are used to display source data in a chart directly. They normally come from the source data, but they can include other values as well, as we’ll see in in a moment. Generally, the easiest way to show data labels to use the chart elements menu.

The following steps are used to add data label to charts:

  1. Click the data series or chart. To label one data point, after clicking the series, click that data point.
  2. In the upper right corner, next to the chart, click Add Chart Element > Data Labels.
  3. To change the location, click the arrow, and choose an option.
  4. If you want to show your data label inside a text bubble shape, click Data Callout.

To make data labels easier to read, you can move them inside the data points or even outside of the chart. To move a data label, drag it to the location you want.