The European jewellery sector's labour costs per employee FTE vary significantly across countries. Belgium leads with the highest cost at 56.0 thousand euros, followed closely by Finland and Denmark. In contrast, Eastern European countries like Bulgaria and Bosnia and Herzegovina show the lowest costs. This range reflects diverse wage levels and economic conditions across Europe. Year-on-year variation is nil, indicating stability in these costs recently, while no meaningful 5-year CAGR data is provided.
Future trends to watch include potential increases in Eastern European countries as economic conditions improve and labor demand rises. Western Europe's costs may stabilize but keep an eye on inflationary pressures which could impact wages.
Top countries in Jewellery Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Belgium | 56 | 2023 | View data |
| 2 | 2 Finland | 54.5 | 2023 | View data |
| 3 | 3 Denmark | 51.8 | 2023 | View data |
| 4 | 4 Norway | 50.1 | 2023 | View data |
| 5 | 5 Austria | 46 | 2023 | View data |
| 6 | 6 Italy | 42.3 | 2023 | View data |
| 7 | 7 Germany | 41.4 | 2023 | View data |
| 8 | 8 Spain | 36.3 | 2023 | View data |
| 9 | 9 Iceland | 32.5 | 2023 | View data |
| 10 | 10 Portugal | 15.7 | 2023 | View data |
