The 2023 data shows Austria leading with the highest labor cost per employee at 77.9 thousand euros, closely followed by Iceland and Belgium. Notably, Western and Northern European countries dominate the higher spectrum of labor costs, while Eastern and Southern European countries like Romania, Bulgaria, and Bosnia and Herzegovina are positioned at the lower end. This distribution highlights significant regional economic disparities and varying living standards across Europe.
Given these cost variations, notable trends include increased automation in higher-cost countries to manage expenses, while lower-cost countries may experience foreign investment opportunities. Additionally, labor market regulations and wage inflation remain critical factors influencing these trends.
Top countries in Plastic Packaging Goods Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Austria | 77.9 | 2023 | View data |
| 2 | 2 Iceland | 77.5 | 2023 | View data |
| 3 | 3 Belgium | 72 | 2023 | View data |
| 4 | 4 Denmark | 71.8 | 2023 | View data |
| 5 | 5 Norway | 69.6 | 2023 | View data |
| 6 | 6 France | 66 | 2023 | View data |
| 7 | 7 Sweden | 65.1 | 2023 | View data |
| 8 | 8 Italy | 54.1 | 2023 | View data |
| 9 | 9 Finland | 53.7 | 2023 | View data |
| 10 | 10 Germany | 53.5 | 2023 | View data |
