In 2023, France and Germany dominated European labour costs in publishing, contributing significantly to the sector. France experienced a 1.56% increase, while Germany saw a slight decline of 0.17%. Ireland and Finland's values rose notably, by 4.41% and 1.97% respectively, suggesting growth potential. Meanwhile, Spain, Italy, and Greece experienced declines. The compound annual growth rate (CAGR) over the past five years highlights modest overall change, indicating a relatively stable market with slight variances among countries.
Future trends to watch include the steadiness of countries like France and Germany and the increasing costs in Ireland and Finland. Attention should be given to how digital transformation and economic conditions affect labour dynamics in regions with declining shares like Spain and Italy. Potential growth in these areas might realign the market.
Top countries in Labour Costs in Publishing Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 35.44 | 2023 | +1.54% | +1.56% | View data |
| 2 | 2 Germany | 29.48 | 2023 | +0.12% | -0.17% | View data |
| 3 | 3 Spain | 6.83 | 2023 | -1.16% | -1.34% | View data |
| 4 | 4 Italy | 6.37 | 2023 | -1.3% | -1.3% | View data |
| 5 | 5 Netherlands | 4.93 | 2023 | -0.95% | -1% | View data |
| 6 | 6 Ireland | 4.41 | 2023 | +3.37% | +4.41% | View data |
| 7 | 7 Finland | 4.26 | 2023 | +1.56% | +1.97% | View data |
| 8 | 8 Austria | 3.23 | 2023 | +2.07% | +2.51% | View data |
| 9 | 9 Belgium | 2.67 | 2023 | +0.36% | -0.7% | View data |
| 10 | 10 Greece | 0.95 | 2023 | -2% | -1.36% | View data |
