In 2023, European office and shop furniture labor costs per employee (FTE) varied significantly across countries, from 67.1 thousand euros in Iceland to 7.7 thousand euros in Bulgaria. High labor costs in Northern and Western Europe, such as Iceland and Norway, contrast with lower labor costs in Eastern Europe, like Romania and Bulgaria, highlighting regional economic disparities. Year-on-year variations reveal a stable landscape with negligible changes in recent years. Over the last five years, the average annual cost growth remained restrained.
Future trends to watch include potential shifts due to economic and policy changes impacting wages and labor market dynamics across Europe. Factors like automation, remote work, and economic conditions may influence labor cost structures. Monitoring these developments ensures a better understanding of potential cost implications in the furniture industry.
Top countries in Office Furniture and Shop Furniture Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Iceland | 67.1 | 2023 | View data |
| 2 | 2 Norway | 63.1 | 2023 | View data |
| 3 | 3 Austria | 59 | 2023 | View data |
| 4 | 4 Sweden | 57 | 2023 | View data |
| 5 | 5 France | 56.5 | 2023 | View data |
| 6 | 6 Belgium | 54.8 | 2023 | View data |
| 7 | 7 Finland | 54.1 | 2023 | View data |
| 8 | 8 Netherlands | 53.2 | 2023 | View data |
| 9 | 9 Italy | 49.8 | 2023 | View data |
| 10 | 10 Germany | 48.8 | 2023 | View data |
