As of 2023, Switzerland and Belgium exhibit the highest labour costs per employee FTE in the European railway locomotives and rolling stock sector, with values at 110.4 and 109.3 thousand Euros, respectively. Conversely, Central and Eastern European countries such as Romania, Bulgaria, and Croatia have significantly lower costs, all below 16 thousand Euros. The data suggests stagnation over the past two years, reflecting minimal year-on-year changes. Over a five-year span, the compound annual growth rate (CAGR) remains largely unchanged, indicating stable labour cost dynamics across the region.
Future trends to monitor include potential variations resulting from shifts in economic conditions, technological advancements, and efficiency improvements in the railway industry. Automation and digitalization may influence labour costs, and policy changes could further impact labour market dynamics and costs across these countries.
Top countries in Railway Locomotives and Rolling Stock Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Switzerland | 110.4 | 2023 | View data |
| 2 | 2 Belgium | 109.3 | 2023 | View data |
| 3 | 3 Sweden | 79.5 | 2023 | View data |
| 4 | 4 Germany | 76.3 | 2023 | View data |
| 5 | 5 Spain | 59.9 | 2023 | View data |
| 6 | 6 Greece | 52.7 | 2023 | View data |
| 7 | 7 Portugal | 32.4 | 2023 | View data |
| 8 | 8 Czech Republic | 28.4 | 2023 | View data |
| 9 | 9 Slovakia | 26.7 | 2023 | View data |
| 10 | 10 Poland | 24.6 | 2023 | View data |