In 2023, Germany's labor costs in the publishing sector were significantly higher at 6.95 billion euros, followed by Italy at 1.63 billion euros. The Netherlands reported 1.32 billion euros, while Greece, Slovakia, and Slovenia recorded considerably lower figures of 0.13546 billion euros, 0.09487 billion euros, and 0.06 billion euros, respectively. The year-on-year variation showed Germany decreasing by 0.68%, Italy by 1.77%, and the Netherlands by 1.3%. Greece saw a substantial decline of 7.48%, and Slovenia's costs dropped by 3.02%. Conversely, Slovakia's costs slightly increased by 0.25%.
Future trends to watch include:
- Digital transformation in publishing potentially reducing labor costs.
- Economic recovery in Europe influencing expenditure in non-digital sectors.
- Regulatory changes impacting labor costs across different European countries.
Top countries in Labour Costs in Books, Periodicals and Other Publishing Activities by Country
| # | 6 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 6,950 | 2023 | -0.1% | -0.68% | View data |
| 2 | 2 Italy | 1,630 | 2023 | -1.71% | -1.77% | View data |
| 3 | 3 Netherlands | 1,320 | 2023 | -1.2% | -1.3% | View data |
| 4 | 4 Greece | 135.46 | 2023 | -7.55% | -7.48% | View data |
| 5 | 5 Slovakia | 94.87 | 2023 | +0.91% | +0.25% | View data |
| 6 | 6 Slovenia | 60 | 2023 | -2.91% | -3.02% | View data |
