The analysis of European Labour Costs in Water Supply and Waste Management, Environment Remediation Activities reveals that Germany had the highest cost at €14.98 billion, followed by Italy and France. The lowest costs were noted in Estonia and Latvia. In 2023, Germany saw a 2.63% increase, while Slovakia and Ireland experienced the highest year-on-year increases at 3.33% and 3.12%, respectively. The Compound Annual Growth Rate (CAGR) over the past five years indicates gradual growth across most countries.
Future trends to watch include:
- Increased automation potentially reducing labor costs.
- Greater focus on environmental sustainability influencing labor market demands.
- Evolving European regulations potentially impacting labor cost structures.
Top countries in Labour Costs in Water Supply and Waste Management, Environment Remediation Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14,980 | 2023 | +2.11% | +2.63% | View data |
| 2 | 2 Italy | 10,380 | 2023 | +1.91% | +2.23% | View data |
| 3 | 3 France | 7,890 | 2023 | +1.21% | +1.14% | View data |
| 4 | 4 Spain | 7,830 | 2023 | +2.22% | +2.37% | View data |
| 5 | 5 Belgium | 2,410 | 2023 | +2.06% | +2.03% | View data |
| 6 | 6 Netherlands | 2,210 | 2023 | +1.65% | +1.47% | View data |
| 7 | 7 Austria | 1,420 | 2023 | +2.24% | +2.21% | View data |
| 8 | 8 Greece | 997.11 | 2023 | +0.79% | +1.92% | View data |
| 9 | 9 Portugal | 900.54 | 2023 | +1.56% | +1.44% | View data |
| 10 | 10 Finland | 687 | 2023 | +2.08% | +2.21% | View data |
