The data indicates Switzerland has the highest labor cost per employee FTE in the paper and paperboard sector in Europe for 2024 with 85.9 thousand euros, followed by Sweden and Denmark. Germany leads among larger economies while eastern European countries, such as Bulgaria and Bosnia and Herzegovina, have significantly lower costs, reflecting wage disparities within Europe. These costs have revealed a consistent trend with a minimal year-on-year variation across most countries. Over the last five years, the compound annual growth rate (CAGR) has shown stability.
Future trends to watch include:
- Potential increases in labor costs due to economic recovery efforts and inflationary pressures.
- Technological adoption impacting labor needs and possibly redistributing cost across regions.
- Political and economic policy changes in the European Union influencing wage dynamics in the sector.
Top countries in Paper and Paperboard Articles Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Switzerland | 85.9 | 2023 | View data |
| 2 | 2 Sweden | 74.6 | 2023 | View data |
| 3 | 3 Denmark | 71.4 | 2023 | View data |
| 4 | 4 Austria | 71.2 | 2023 | View data |
| 5 | 5 Finland | 69.6 | 2023 | View data |
| 6 | 6 Netherlands | 69 | 2023 | View data |
| 7 | 7 Belgium | 66.7 | 2023 | View data |
| 8 | 8 Norway | 64 | 2023 | View data |
| 9 | 9 Germany | 59.4 | 2023 | View data |
| 10 | 10 France | 59.1 | 2023 | View data |
