The European Labour Costs in Human Health and Social Work Activities largely vary, with Germany at the forefront, exhibiting the highest share at 43.09 million euros in 2024. Italy and Spain follow, although significantly trailing behind Germany. Smaller economies, such as Luxembourg, Slovakia, and Slovenia, report modest shares yet show strong year-on-year growth rates, notably Slovakia at 5.83%. Other smaller countries like Lithuania and Estonia are also experiencing above-average growth rates, indicating strengthening labour cost influence in the sector.
For future trends, expect continued growth across the board, driven by increasing demand for healthcare services. Germany's dominant market position is likely to persist, but smaller nations demonstrating significant growth rates could reshape the landscape, becoming more prominent players in the European labour market.
Top countries in Labour Costs in Human Health and Social Work Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 43.09 | 2023 | +2.63% | +3.27% | View data |
| 2 | 2 Italy | 12.87 | 2023 | +1.27% | +1.4% | View data |
| 3 | 3 Spain | 12.54 | 2023 | +0.85% | +2.12% | View data |
| 4 | 4 Netherlands | 10.79 | 2023 | +1.83% | +1.85% | View data |
| 5 | 5 Belgium | 5.43 | 2023 | +2.16% | +2.5% | View data |
| 6 | 6 Austria | 3.94 | 2023 | +2.32% | +2.42% | View data |
| 7 | 7 Finland | 3.55 | 2023 | +1.65% | +1.8% | View data |
| 8 | 8 Ireland | 2.66 | 2023 | +2.12% | +2.71% | View data |
| 9 | 9 Portugal | 1.92 | 2023 | +1.81% | +1.69% | View data |
| 10 | 10 Greece | 0.95 | 2023 | +1.09% | +1.3% | View data |
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