In 2023, Denmark leads European countries in labour cost per employee full-time equivalent (FTE) in the treatment and coating of metals sector, with a value of 73.3 thousand Euros. Other high-cost countries include Norway, Netherlands, and Austria. The UK, with a value of 32.9 thousand Euros, is among the lower end of costs in Western Europe. Eastern European countries such as Bosnia and Herzegovina, Bulgaria, and Romania have significantly lower costs, with Bosnia and Herzegovina being the lowest at 7.5 thousand Euros. There are no significant variations in the last two years or on a five-year compound growth basis.
Future trends to watch include the increase in automation and technological advancements, which could drive labour cost efficiency and shift cost structures, particularly for countries with higher current labour costs. Additionally, any economic policies influencing labour markets and international trade agreements may affect cost dynamics across Europe.
Top countries in Treatment and Coating of Metals Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Denmark | 73.3 | 2023 | View data |
| 2 | 2 Norway | 67.3 | 2023 | View data |
| 3 | 3 Netherlands | 65.5 | 2023 | View data |
| 4 | 4 Austria | 59.5 | 2023 | View data |
| 5 | 5 Belgium | 58.1 | 2023 | View data |
| 6 | 6 Iceland | 57.2 | 2023 | View data |
| 7 | 7 France | 55.1 | 2023 | View data |
| 8 | 8 Sweden | 54.2 | 2023 | View data |
| 9 | 9 Ireland | 53.6 | 2023 | View data |
| 10 | 10 Finland | 52.4 | 2023 | View data |
