In 2023, Germany led European labor costs in audiovisual and broadcasting with 45.85 million euros, followed by Italy and Spain. Germany had a modest growth of 1.68% year-on-year. Notable increases were observed in Greece (2.49%) and Slovakia (2.23%), indicating emerging markets. Austria and Belgium also showed robust growth rates above 1.8%. Despite smaller absolute volumes, Estonia and Luxembourg saw significant year-on-year increases.
Future trends to watch include potential technological advancements impacting labor costs and competitive market dynamics. Countries with smaller shares may leverage digital innovation to increase their market presence and drive growth in labor costs. Additionally, regulatory changes in broadcasting could influence labor demand and cost structures across Europe.
Top countries in Labour Costs in Audiovisual and Broadcasting Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 45.85 | 2023 | +1.58% | +1.68% | View data |
| 2 | 2 Italy | 15.52 | 2023 | +1.29% | +1.7% | View data |
| 3 | 3 Spain | 14.9 | 2023 | +0.45% | +0.18% | View data |
| 4 | 4 Netherlands | 6.31 | 2023 | +1.33% | +1.01% | View data |
| 5 | 5 Belgium | 4.8 | 2023 | +1.43% | +1.99% | View data |
| 6 | 6 Austria | 4.11 | 2023 | +1.71% | +1.84% | View data |
| 7 | 7 Finland | 2.66 | 2023 | +0.98% | +0.72% | View data |
| 8 | 8 Ireland | 2.36 | 2023 | +2.12% | +1.79% | View data |
| 9 | 9 Greece | 1.76 | 2023 | +0.76% | +2.49% | View data |
| 10 | 10 Slovenia | 0.58 | 2023 | +1.27% | +0.94% | View data |
