In 2023, Norway led European labour costs per employee FTE in railway construction, standing at 108.9 thousand euros. Denmark followed closely with 103.7 thousand euros, and Latvia reached 92.9 thousand euros. Conversely, lower costs were observed in Eastern and Southern Europe, with Bosnia and Herzegovina at the lowest with 10.8 thousand euros. The disparities highlight differing wage structures and economic conditions across Europe. While actual changes in labor costs in recent years are minimal, growth in emerging markets hints at a narrowing future gap.
Future trends to monitor include potential cost increases driven by skill shortages and enhanced technological integration in railway construction. Moreover, fluctuations in currency exchange and economic policies could significantly influence labor costs across Europe.
Top countries in Labour Cost Per Employee FTE in Construction of Railways and Underground Railways by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Norway | 108.9 | 2023 | View data |
| 2 | 2 Denmark | 103.7 | 2023 | View data |
| 3 | 3 Latvia | 92.9 | 2023 | View data |
| 4 | 4 Austria | 87.3 | 2023 | View data |
| 5 | 5 Sweden | 84.4 | 2023 | View data |
| 6 | 6 Italy | 81.2 | 2023 | View data |
| 7 | 7 Belgium | 74.5 | 2023 | View data |
| 8 | 8 France | 68.8 | 2023 | View data |
| 9 | 9 United Kingdom | 68.4 | 2023 | View data |
| 10 | 10 Finland | 66.7 | 2023 | View data |
