In 2023, Germany led the European motor vehicle labor cost per employee at 91.7 thousand euros, followed by Ireland and Sweden with 82.0 and 81.1 thousand euros, respectively. The lowest costs were in Bulgaria and Bosnia and Herzegovina at around 11.9 and 11.6 thousand euros. Over the past five years, a consistent trend of increasing labor costs across Europe has been noted, particularly in Western European countries, reflecting economic growth and labor market conditions.
Future trends to watch include the impact of automation and technology adoption on labor requirements and costs. Additionally, the economic policies and skill acquisition in Eastern Europe could influence the cost dynamics in these regions.
Top countries in Motor Vehicles, Trailers and Semi-Trailers Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Germany | 91.7 | 2023 | View data |
| 2 | 2 Ireland | 82 | 2023 | View data |
| 3 | 3 Sweden | 81.1 | 2023 | View data |
| 4 | 4 Belgium | 77.5 | 2023 | View data |
| 5 | 5 Austria | 73.2 | 2023 | View data |
| 6 | 6 France | 71.4 | 2023 | View data |
| 7 | 7 Norway | 70.6 | 2023 | View data |
| 8 | 8 Italy | 69.2 | 2023 | View data |
| 9 | 9 Denmark | 68.9 | 2023 | View data |
| 10 | 10 Netherlands | 66.2 | 2023 | View data |
