The 2024 forecast shows Bulgaria with the highest labor compensation for Global Industry, including Energy, at 21.4, followed by Romania and Lithuania. Conversely, Greece and France, with figures around 10.246, mark the lower spectrum. Variations in compensation have shown negligible year-on-year changes lately. However, the five-year CAGR points to minor adjustments. The EU countries generally rank higher than non-EU counterparts, indicating regional trends in labor cost structures.
Future trends may focus on digital transformation and green energy demands, which could either push compensations upward in line with new skill requirements or stabilize if automation prevails.
Top countries in Industry (Including Energy) Labour Compensation Per Employee by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | |
|---|---|---|---|---|
| 1 | 1 Bulgaria | 214 | 2022 | View data |
| 2 | 2 Romania | 174.6 | 2022 | View data |
| 3 | 3 Lithuania | 166.79 | 2022 | View data |
| 4 | 4 Poland | 163.8 | 2022 | View data |
| 5 | 5 Hungary | 159.02 | 2022 | View data |
| 6 | 6 South Africa | 155.24 | 2022 | View data |
| 7 | 7 Latvia | 154.69 | 2021 | View data |
| 8 | 8 Colombia | 152.17 | 2021 | View data |
| 9 | 9 Estonia | 150.06 | 2022 | View data |
| 10 | 10 Mexico | 148.57 | 2021 | View data |
