The analysis of European Plastics Products Labour Cost per Employee FTE reveals significant disparity across countries in 2024, with costs ranging from 86,200 Euros in Switzerland to 8,400 Euros in Bosnia and Herzegovina. The data indicates that Western and Northern European countries generally report higher labour costs, reflecting higher living standards and stricter labour regulations. In contrast, Eastern European countries present lower costs, attributed to differing economic conditions and labour market structures.
Trends to watch include potential economic shifts influencing labour cost. Moreover, changes in EU regulations, economic growth in Eastern Europe, and automation in the plastics industry could impact future labour cost distribution.
Top countries in Plastics Products Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Switzerland | 86.2 | 2023 | View data |
| 2 | 2 Iceland | 77.5 | 2023 | View data |
| 3 | 3 Belgium | 75.2 | 2023 | View data |
| 4 | 4 Denmark | 71.7 | 2023 | View data |
| 5 | 5 Norway | 67 | 2023 | View data |
| 6 | 6 Austria | 66.5 | 2023 | View data |
| 7 | 7 Netherlands | 64 | 2023 | View data |
| 8 | 8 Sweden | 62.4 | 2023 | View data |
| 9 | 9 France | 62.1 | 2023 | View data |
| 10 | 10 Luxembourg | 57.7 | 2023 | View data |
