In 2023, Switzerland led Europe with the highest computer hardware labor cost per employee at 119.9 thousand euros, followed by Belgium at 94.2 thousand euros and Denmark at 80.1 thousand euros. At the other end of the spectrum, Greece and Bosnia and Herzegovina had the lowest costs, at 6.7 and 7.3 thousand euros respectively. This spectrum showcases a significant disparity, reflecting varied labor market dynamics and economic conditions across Europe. In 2024, these figures serve as forecasts, with past data showing stability in costs with negligible variations over the last couple of years.
Future trends to watch include potential labor cost increases due to technological advancements, regulatory changes, and talent shortages in higher-cost regions. Automation and remote work may impact labor demand and costs, particularly in mid-range economies. Monitoring these factors will be key for businesses operating in the European computer hardware sector.
Top countries in Computer Hardware Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Switzerland | 119.9 | 2023 | View data |
| 2 | 2 Belgium | 94.2 | 2023 | View data |
| 3 | 3 Denmark | 80.1 | 2023 | View data |
| 4 | 4 Sweden | 76.3 | 2023 | View data |
| 5 | 5 Austria | 72.7 | 2023 | View data |
| 6 | 6 Norway | 71.1 | 2023 | View data |
| 7 | 7 Germany | 65.1 | 2023 | View data |
| 8 | 8 Italy | 61.3 | 2023 | View data |
| 9 | 9 Finland | 54.4 | 2023 | View data |
| 10 | 10 Spain | 38.9 | 2023 | View data |
