In 2023, France leads European countries with the highest labor cost in the arts, entertainment, and recreation sectors, followed by Germany. Southern European countries like Italy and Spain show moderate values, with dramatic declines observed in Eastern Europe, highlighted by Slovakia and the Baltic states. The most significant growth since 2019 has been recorded in Slovakia, Germany, and Lithuania. Belgium and Ireland display robust growth, while Greece and Slovenia are relatively stagnant.
Future trends to watch include:
- Eastern European countries, particularly Slovakia, may continue to expand, driven by globalization and increasing cultural investments.
- Western European costs could see stabilization or minor growth due to potential economic consolidation and technological innovations.
- Tourism recovery post-pandemic might fuel entertainment-driven industries, influencing labor cost shifts.
Top countries in Labour Costs in Arts, Entertainment and Recreation by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 24,260 | 2023 | +1.89% | +2.01% | View data |
| 2 | 2 Germany | 22,710 | 2023 | +2.59% | +3.27% | View data |
| 3 | 3 Spain | 11,500 | 2023 | +1.62% | +1.4% | View data |
| 4 | 4 Italy | 8,860 | 2023 | +1.57% | +1.92% | View data |
| 5 | 5 Netherlands | 4,350 | 2023 | +1.45% | +1.24% | View data |
| 6 | 6 Austria | 2,060 | 2023 | +1.84% | +1.92% | View data |
| 7 | 7 Finland | 1,880 | 2023 | +1.78% | +1.92% | View data |
| 8 | 8 Belgium | 1,830 | 2023 | +2.44% | +3.08% | View data |
| 9 | 9 Portugal | 1,260 | 2023 | +2.54% | +2.41% | View data |
| 10 | 10 Ireland | 1,050 | 2023 | +1.56% | +2.17% | View data |
