In 2023, Germany held the largest share of European labour costs in the retail trade sector, excluding motor vehicles and motorcycles, with €30.67 million. France and Italy followed with €22.89 million and €13.55 million, respectively. Noteworthy is the significant growth in Slovakia at 3.61% year-over-year, while Greece exhibited minimal growth at 0.16%. Over the past five years, Germany and Ireland showed substantial growth, reflecting their robust retail sectors.
Looking forward, significant factors include the impact of digital transformation on labour dynamics, potential shifts in economic policy, and sustainability trends. Monitoring these elements will be crucial in forecasting labour cost trends across European nations.
Top countries in Labour Costs in Retail Trade (Except of Motor Vehicles and Motorcycles) Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30.67 | 2023 | +1.89% | +2.28% | View data |
| 2 | 2 France | 22.89 | 2023 | +1.48% | +1.29% | View data |
| 3 | 3 Italy | 13.55 | 2023 | +1.71% | +1.61% | View data |
| 4 | 4 Spain | 11.81 | 2023 | +1.32% | +1.26% | View data |
| 5 | 5 Netherlands | 5.8 | 2023 | +1.46% | +1.33% | View data |
| 6 | 6 Austria | 3.94 | 2023 | +2% | +1.95% | View data |
| 7 | 7 Belgium | 3.82 | 2023 | +1.59% | +1.83% | View data |
| 8 | 8 Ireland | 2.07 | 2023 | +1.86% | +2.22% | View data |
| 9 | 9 Finland | 1.78 | 2023 | +1.34% | +1.49% | View data |
| 10 | 10 Greece | 1.35 | 2023 | +0.14% | +0.16% | View data |
