In 2024, the labour cost per employee FTE in the European fabricated metal products repair sector significantly varies by country. The Netherlands leads with the highest costs at 89.8 thousand euros, followed by Norway and Denmark. In contrast, Eastern European countries like Romania and Macedonia report much lower costs, reflecting regional economic disparities and wage differences.
Future trends to monitor include:
- Potential wage convergence across Europe, as economies stabilize and align more closely.
- The impact of technological advancements on labour costs, possibly reducing manual labor requirements.
- Shifts in industry demand influencing labour cost dynamics across different regions.
Top countries in Fabricated Metal Products Repair Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Netherlands | 89.8 | 2023 | View data |
| 2 | 2 Norway | 74.5 | 2023 | View data |
| 3 | 3 Denmark | 72.1 | 2023 | View data |
| 4 | 4 France | 64.6 | 2023 | View data |
| 5 | 5 Belgium | 61.5 | 2023 | View data |
| 6 | 6 Iceland | 60 | 2023 | View data |
| 7 | 7 Austria | 58.7 | 2023 | View data |
| 8 | 8 Finland | 56.8 | 2023 | View data |
| 9 | 9 Germany | 54.1 | 2023 | View data |
| 10 | 10 Sweden | 51.8 | 2023 | View data |
