The European labour costs in the electricity, gas, and water supply sectors show significant variation across countries. Germany leads with 41.06 million euros in 2023, demonstrating its substantial industrial base. It is followed by France (22.96 million euros) and Spain (11.46 million euros). Smaller economies like Luxembourg, Latvia, and Estonia reflect lower costs, illustrating diverse economic scales.
Year-on-year changes in 2023 indicate moderate growth, with Slovakia (2.56%) and Latvia (2.53%) showing noteworthy increases, while Greece and Finland experience modest increases under 1.5%. Over the last five years, moderate growth has been consistent, indicating a stable sector.
Future trends to watch include:
- Potential impacts of energy transition policies on labour costs.
- Technological advancements could shift cost structures.
- Economic stability and regulatory changes across European countries could influence sectoral labour costs significantly.
Top countries in Labour Costs in Electricity, Gas and Water Supply; Sewerage, Waste Management and Remediation Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 41.06 | 2023 | +1.82% | +2.26% | View data |
| 2 | 2 France | 22.96 | 2023 | +1.18% | +0.89% | View data |
| 3 | 3 Spain | 11.46 | 2023 | +1.65% | +1.76% | View data |
| 4 | 4 Belgium | 4.84 | 2023 | +1.25% | +1.28% | View data |
| 5 | 5 Netherlands | 4.83 | 2023 | +1.35% | +1.2% | View data |
| 6 | 6 Austria | 4.23 | 2023 | +1.48% | +1.45% | View data |
| 7 | 7 Greece | 2.44 | 2023 | +0.93% | +0.82% | View data |
| 8 | 8 Finland | 1.68 | 2023 | +1.32% | +1.34% | View data |
| 9 | 9 Ireland | 1.54 | 2023 | +1.74% | +2.31% | View data |
| 10 | 10 Portugal | 1.46 | 2023 | +1.14% | +1.1% | View data |
