In 2023, Italy led European labor costs in water-related sectors at 25.74 million Euros, followed by Spain at 22.93 million Euros. Germany and France trailed with values of 19.7 million and 10.38 million respectively. Notably, Ireland experienced the most significant rise, with a 5.65% increase from the previous year. Greece and Slovakia also showed considerable growth, each over 2%. Conversely, France was the only country to experience a decline. The 5-year CAGR analysis suggests stable growth in this sector for most countries, underscoring consistent investment in water infrastructure.
Looking forward, digitalization and sustainability efforts may drive labor costs higher as countries adapt to newer technologies and stricter regulations. Increased focus on water conservation and efficient management will likely enhance labor demand. Monitoring economic stability and environmental policies could offer further insights into cost trajectories.
Top countries in Labour Costs in Water Collection, Treatment and Supply Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 25.74 | 2023 | +1.71% | +1.9% | View data |
| 2 | 2 Spain | 22.93 | 2023 | +1.68% | +1.67% | View data |
| 3 | 3 Germany | 19.7 | 2023 | +0.3% | +0.4% | View data |
| 4 | 4 France | 10.38 | 2023 | -0.28% | -0.5% | View data |
| 5 | 5 Belgium | 6.77 | 2023 | +1.44% | +0.88% | View data |
| 6 | 6 Netherlands | 3.64 | 2023 | +0.81% | +0.99% | View data |
| 7 | 7 Greece | 2.96 | 2023 | -0.11% | +2.73% | View data |
| 8 | 8 Slovakia | 2.08 | 2023 | +2.1% | +2.63% | View data |
| 9 | 9 Austria | 1.72 | 2023 | +1.77% | +1.73% | View data |
| 10 | 10 Slovenia | 1.25 | 2023 | +1.91% | +1.76% | View data |
