The analysis of labour cost per employee FTE in the European forestry and agricultural machinery sector shows significant disparities among countries in 2023. Switzerland leads with the highest cost, followed by Germany, Belgium, and other Western European nations. Eastern European countries such as Bulgaria, Bosnia and Herzegovina, and Greece have the lowest costs, highlighting regional economic differences.
Future trends to watch include:
- Rising labor costs in Eastern Europe as economies develop.
- Technological advancements potentially increasing efficiency, impacting labor costs.
- Economic policies at both European and national levels influencing labor market dynamics.
Top countries in Forestry and Agricultural Machinery Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Switzerland | 81.2 | 2023 | View data |
| 2 | 2 Germany | 75.4 | 2023 | View data |
| 3 | 3 Belgium | 73.3 | 2023 | View data |
| 4 | 4 Sweden | 71.7 | 2023 | View data |
| 5 | 5 Denmark | 71.7 | 2023 | View data |
| 6 | 6 Austria | 68.5 | 2023 | View data |
| 7 | 7 Netherlands | 66.6 | 2023 | View data |
| 8 | 8 France | 59.8 | 2023 | View data |
| 9 | 9 Finland | 59.7 | 2023 | View data |
| 10 | 10 Italy | 59.5 | 2023 | View data |