The labour cost per employee Full-Time Equivalent (FTE) in the Aircraft and Spacecraft sector in Belgium is projected to increase moderately from €88.1 thousand in 2024 to €89.0 thousand in 2028. This follows a steadily upward trend observed in the actual data from previous years, with the cost standing at €87.8 thousand in 2023.
Year-on-year variations are relatively minimal, indicating a stable increase:
• 2024: 0.34%
• 2025: 0.34%
• 2026: 0.34%
• 2027: 0.22%
• 2028: 0.11%
The compound annual growth rate (CAGR) over the forecasted five-year period is 0.27% per year.
Future Trends to Watch: Key factors like technological advancements, global economic conditions, and changes in labor regulations may influence future labour costs. Monitoring these variables will be critical for accurate forecasting and strategic planning in the industry.
