The 2023 data reveals Norway leading with 74.0, followed by Italy at 69.8, indicative of Western Europe's higher labor costs in sports goods compared to Central and Eastern Europe, where Bulgaria bottoms at 10.4. No significant year-on-year fluctuations are observed. Observing a five-year period, stable growth trends are evident, with negligible compound annual growth rates reflecting minimal turbulence.
Future trends to anticipate include potential labor cost increases in lower-cost regions like Eastern Europe due to economic convergence, potentially impacting competitive manufacturing dynamics and investment decisions across the sector. Companies might adjust by enhancing productivity and focusing on innovation.
Top countries in Sports Goods Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Norway | 74 | 2023 | View data |
| 2 | 2 Italy | 69.8 | 2023 | View data |
| 3 | 3 Austria | 64.2 | 2023 | View data |
| 4 | 4 France | 62.1 | 2023 | View data |
| 5 | 5 Finland | 55.6 | 2023 | View data |
| 6 | 6 Sweden | 48.4 | 2023 | View data |
| 7 | 7 Belgium | 36.7 | 2023 | View data |
| 8 | 8 Spain | 33.7 | 2023 | View data |
| 9 | 9 Slovakia | 20.6 | 2023 | View data |
| 10 | 10 Czech Republic | 18.2 | 2023 | View data |
