In 2023, Germany led European countries in aircraft and spacecraft labor cost per employee FTE, coming in at 108.3 thousand euros, followed by Switzerland at 100.9 thousand euros. Belgium and Italy were also on the higher end, with 87.8 and 86.1 thousand euros, respectively. Austria and the United Kingdom stood at 75.8 and 73.0 thousand euros. Spain's labor cost was relatively lower at 65.6 thousand euros. Eastern European countries such as the Czech Republic, Hungary, Croatia, Poland, Greece, Romania, and Portugal had significantly lower costs, with Portugal at the bottom with 21.5 thousand euros.
Future trends to watch include the potential for wage inflation in Western Europe due to increasing demand for skilled labor. Meanwhile, Eastern European countries may attract more investment due to their lower labor costs, potentially leading to wage growth over time. Monitoring the effects of automation and technological advancements on labor costs will also be crucial. Lastly, geopolitical factors and economic policies will play a significant role in shaping labor costs across different countries.
Top countries in Aircraft and Spacecraft Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Germany | 108.3 | 2023 | View data |
| 2 | 2 Switzerland | 100.9 | 2023 | View data |
| 3 | 3 Belgium | 87.8 | 2023 | View data |
| 4 | 4 Italy | 86.1 | 2023 | View data |
| 5 | 5 Austria | 75.8 | 2023 | View data |
| 6 | 6 United Kingdom | 73 | 2023 | View data |
| 7 | 7 Spain | 65.6 | 2023 | View data |
| 8 | 8 Czech Republic | 30 | 2023 | View data |
| 9 | 9 Hungary | 28.7 | 2023 | View data |
| 10 | 10 Croatia | 26.6 | 2023 | View data |
