The labor cost per employee FTE in the European metal structures industry reveals significant disparities across countries, with Ireland at the top tier at 292.6 thousand euros, far exceeding its peers. Northern European countries such as Denmark, Norway, and Iceland display moderate costs ranging from 74.6 to 65.0 thousand euros. Central European nations like Austria, Belgium, and Germany are positioned in the mid-range between 61.6 and 48.4 thousand euros. Southern and Eastern European countries, including Romania and Bulgaria, have significantly lower costs, ranging from 11.5 to 10.2 thousand euros.
Future trends to watch include potential shifts in labor costs driven by automation and digitization, which may reduce demand for traditional labor. Moreover, differing economic conditions and labor market reforms across Europe could lead to cost variations, affecting competitiveness within the European metal structures industry.
Top countries in Metal Structures Labour Cost Per Employee FTE by Country
# | 10 Countries | Thousand Euros | Last Year | |
---|---|---|---|---|
1 | 1 Ireland | 292.6 | 2023 | View data |
2 | 2 Denmark | 74.6 | 2023 | View data |
3 | 3 Norway | 69.5 | 2023 | View data |
4 | 4 Iceland | 65 | 2023 | View data |
5 | 5 Austria | 61.6 | 2023 | View data |
6 | 6 Belgium | 60.5 | 2023 | View data |
7 | 7 Sweden | 59.5 | 2023 | View data |
8 | 8 Luxembourg | 55.5 | 2023 | View data |
9 | 9 Finland | 53.7 | 2023 | View data |
10 | 10 Germany | 48.4 | 2023 | View data |