In 2023, Italy led in labor costs for crop and animal production in Europe with a value of 8.99 billion Euros, followed by Germany at 7.47 billion Euros and Spain at 4.77 billion Euros. The Netherlands and Greece also had considerable labor costs at 3.5 billion Euros and 0.87705 billion Euros, respectively. Other countries, such as Belgium, Ireland, and Austria, had relatively lower figures, with Luxembourg having the lowest at 0.0436 billion Euros. Notably, Greece experienced a significant increase with a 3.21% rise in 2023, while Slovenia saw a decline.
Future trends to watch for include the potential impact of technological advancements and policy changes on labor costs in agriculture. Additionally, sustainability initiatives and labor market shifts could influence cost structures across different countries, with possible variances in growth dynamics between Western and Eastern Europe.
Top countries in Labour Costs in Crop and Animal Production, Hunting and Related Service Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 8,990 | 2023 | +1.54% | +1.64% | View data |
| 2 | 2 Germany | 7,470 | 2023 | +1.56% | +1.77% | View data |
| 3 | 3 Spain | 4,770 | 2023 | +1.66% | +1.83% | View data |
| 4 | 4 Netherlands | 3,500 | 2023 | +1.51% | +1.3% | View data |
| 5 | 5 Greece | 877.05 | 2023 | +2.08% | +3.21% | View data |
| 6 | 6 Belgium | 758.6 | 2023 | +3.21% | +4.44% | View data |
| 7 | 7 Ireland | 690.83 | 2023 | +1.79% | +2.58% | View data |
| 8 | 8 Austria | 530.84 | 2023 | +2.44% | +2.35% | View data |
| 9 | 9 Finland | 410 | 2023 | -0.24% | +0.5% | View data |
| 10 | 10 Estonia | 184 | 2023 | +2.68% | +2.19% | View data |
