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    <label xlink:label="label_cocacolahbcag_cocacolahbcagGroupReorganisationReserve_Standard" id="cocacolahbcag_cocacolahbcagGroupReorganisationReserve_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Group reorganisation reserve</label>
    <label xlink:label="label_cocacolahbcag_GroupReorganisationReserveMember" id="cocacolahbcag_GroupReorganisationReserveMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Group reorganisation reserve [member]</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagIncreaseDecreaseInEquityRelatingToPerformanceShares_Standard" id="cocacolahbcag_cocacolahbcagIncreaseDecreaseInEquityRelatingToPerformanceShares_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Increase (decrease) in equity relating to performance shares</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagMovementInSharesHeldForEquityCompensationPlan_Standard" id="cocacolahbcag_cocacolahbcagMovementInSharesHeldForEquityCompensationPlan_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Movement in shares held for equity compensation plan</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagAppropriationOfReserves_Standard" id="cocacolahbcag_cocacolahbcagAppropriationOfReserves_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Appropriation of reserves</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagCostOfHedgingTransferredToInventory_Standard" id="cocacolahbcag_cocacolahbcagCostOfHedgingTransferredToInventory_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Cost of hedging transferred to inventory</label>
    <label xlink:label="label_cocacolahbcag_StatementOfComprehensiveIncomeTable" id="cocacolahbcag_StatementOfComprehensiveIncomeTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Statement of comprehensive income (Parenthetical) [table]</label>
    <label xlink:label="label_StatementOfComprehensiveIncomeLineItems" id="StatementOfComprehensiveIncomeLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Statement of comprehensive income (Parenthetical) [line items]</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagAdjustmentsForShareOfResultsOfNonintegralEquityMethodInvestments_Standard" id="cocacolahbcag_cocacolahbcagAdjustmentsForShareOfResultsOfNonintegralEquityMethodInvestments_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Adjustments for share of results of non-integral equity method investments</label>
    <label xlink:label="label_cocacolahbcag_ifrs-fullCashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_Total" id="cocacolahbcag_ifrs-fullCashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Cash flows from (used in) operations before changes in working capital</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagAdjustmentsForShareOfResultsOfIntegralEquityMethodInvestments_Standard" id="cocacolahbcag_cocacolahbcagAdjustmentsForShareOfResultsOfIntegralEquityMethodInvestments_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Adjustments for share of results of integral equity method investments</label>
    <label xlink:label="label_cocacolahbcag_ifrs-fullCashFlowsFromUsedInOperatingActivities_Total" id="cocacolahbcag_ifrs-fullCashFlowsFromUsedInOperatingActivities_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Net cash inflow from operating activities</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagReceiptsFromIntegralEquityMethodInvestmentsClassifiedAsInvestingActivities_Standard" id="cocacolahbcag_cocacolahbcagReceiptsFromIntegralEquityMethodInvestmentsClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Receipts from integral equity method investments classified as investing activities</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagReceiptsFromNonIntegralEquityMethodInvestmentsClassifiedAsInvestingActivities_Standard" id="cocacolahbcag_cocacolahbcagReceiptsFromNonIntegralEquityMethodInvestmentsClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Receipts from non-integral equity method investments classified as investing activities</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagNetProceedsFromPaymentsForInvestmentsInFinancialAssetsAtAmortisedCostClassifiedAsInvestingActivities_Standard" id="cocacolahbcag_cocacolahbcagNetProceedsFromPaymentsForInvestmentsInFinancialAssetsAtAmortisedCostClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Net proceeds from/(payments for) investments in financial assets at amortised cost classified as investing activities</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagNetProceedsFromInvestmentsInFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsInvestingActivities_Standard" id="cocacolahbcag_cocacolahbcagNetProceedsFromInvestmentsInFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Net proceeds from investments in financial assets at fair value through profit or loss classified as investing activities</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagPaymentsForInvestmentsInFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities_Standard" id="cocacolahbcag_cocacolahbcagPaymentsForInvestmentsInFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Payments for investments in financial assets at fair value through other comprehensive income classified as investing activities</label>
    <label xlink:label="label_cocacolahbcag_ifrs-fullCashFlowsFromUsedInInvestingActivities_Total" id="cocacolahbcag_ifrs-fullCashFlowsFromUsedInInvestingActivities_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Net cash inflow/(outflow) from investing activities</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagPaymentsForPurchasesOfSharesHeldByNonControllingInterestsClassifiedAsFinancingActivities_Standard" id="cocacolahbcag_cocacolahbcagPaymentsForPurchasesOfSharesHeldByNonControllingInterestsClassifiedAsFinancingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Payments for purchases of shares held by non-controlling interests classified as financing activities</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagPaymentsForSettlementOfDerivativesAndFundedForwardContractsRegardingFinancingActivities_Standard" id="cocacolahbcag_cocacolahbcagPaymentsForSettlementOfDerivativesAndFundedForwardContractsRegardingFinancingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Payments for settlement of derivatives and funded forward contracts regarding financing activities</label>
    <label xlink:label="label_cocacolahbcag_ifrs-fullCashFlowsFromUsedInFinancingActivities_Total" id="cocacolahbcag_ifrs-fullCashFlowsFromUsedInFinancingActivities_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Net cash outflow from financing activities</label>
    <label xlink:label="label_cocacolahbcag_ifrs-fullIncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_Total" id="cocacolahbcag_ifrs-fullIncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Net increase in cash and cash equivalents</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDisclosureOfBasisOfPreparationAndConsolidation_Standard" id="cocacolahbcag_cocacolahbcagDisclosureOfBasisOfPreparationAndConsolidation_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disclosure of basis of preparation and consolidation</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDisclosureOfRestructuringExpenses_Standard" id="cocacolahbcag_cocacolahbcagDisclosureOfRestructuringExpenses_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disclosure of restructuring expenses</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForRestructuringExpenses_Standard" id="cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForRestructuringExpenses_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Description of accounting policy for restructuring expenses</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDisclosureOfTaxation_Standard" id="cocacolahbcag_cocacolahbcagDisclosureOfTaxation_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disclosure of taxation</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointArrangements_Standard" id="cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointArrangements_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Description of accounting policy for investment in associates and joint arrangements</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDisclosureOfProvisionsAndEmployeeBenefits_Standard" id="cocacolahbcag_cocacolahbcagDisclosureOfProvisionsAndEmployeeBenefits_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disclosure of provisions and employee benefits</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForProvisionsAndTerminationBenefits_Standard" id="cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForProvisionsAndTerminationBenefits_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Description of accounting policy for provisions and termination benefits</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDisclosureOfCapitalRisk_Standard" id="cocacolahbcag_cocacolahbcagDisclosureOfCapitalRisk_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disclosure of capital risk </label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDisclosureOfNetDebt_Standard" id="cocacolahbcag_cocacolahbcagDisclosureOfNetDebt_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disclosure of net debt</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForNetDebt_Standard" id="cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForNetDebt_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Description of accounting policy for net debt</label>
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