In 2023, Germany leads in European labor costs in education at €127.29 billion, exhibiting a 2.37% increase. France follows at €104.03 billion, growing by 1.34%. Italy and Spain show moderate increases, respectively up by 0.69% and 1.5%. Notable smaller economies like Luxembourg and Slovenia, though having relatively low absolute values, experienced significant growth of 2.59% and 1.61%. All countries demonstrated positive growth with varied intensity.
Future trends to watch include potential shifts due to economic policies or demographic changes. It will be crucial to monitor how automation and digital education impact labor costs, potentially levelizing discrepancies across countries.
Top countries in Labour Costs in Education by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 127,290 | 2023 | +1.92% | +2.37% | View data |
| 2 | 2 France | 104,030 | 2023 | +1.29% | +1.34% | View data |
| 3 | 3 Italy | 60,730 | 2023 | +0.77% | +0.69% | View data |
| 4 | 4 Spain | 53,400 | 2023 | +1.49% | +1.5% | View data |
| 5 | 5 Belgium | 28,510 | 2023 | +1.96% | +2.16% | View data |
| 6 | 6 Netherlands | 27,520 | 2023 | +1.52% | +1.47% | View data |
| 7 | 7 Austria | 16,230 | 2023 | +1.72% | +1.78% | View data |
| 8 | 8 Portugal | 8,400 | 2023 | +0.28% | +0.13% | View data |
| 9 | 9 Finland | 8,170 | 2023 | +0.86% | +0.99% | View data |
| 10 | 10 Greece | 7,550 | 2023 | +0.22% | +0.27% | View data |
