These queries works with PostgreSQL and were tested against Confluence 5.10. You will need to adjust slightly for other databases. As with all queries against a product database, you will need to define a new read-only data source to access the product's database.
Thanks to Shiran Kleiderman for the initial query and question on extending.
Site Labels
select name as "Label" , count(name) as "Count" from CONTENT_LABEL left join LABEL on CONTENT_LABEL.labelid = LABEL.labelid group by name order by name
Labels for Space
select name as "Label" , count(name) as "Count" from CONTENT_LABEL left join LABEL on CONTENT_LABEL.labelid = LABEL.labelid left join CONTENT on CONTENT_LABEL.contentid = CONTENT.contentid left join SPACES on CONTENT.spaceid = SPACES.spaceid where spacekey in ('ds') group by name order by name
Labels by Space
select spacename as "Space" , name as "Label" , count(name) as Count from CONTENT_LABEL left join LABEL on CONTENT_LABEL.labelid = LABEL.labelid left join CONTENT on CONTENT_LABEL.contentid = CONTENT.contentid left join SPACES on CONTENT.spaceid = SPACES.spaceid group by spacename, name order by spacename, name