In 2023, the European labor cost in education was led by Germany at 27.92 million euros, followed by France and Italy at 22.82 million and 13.32 million euros, respectively. Countries like Spain, Belgium, and the Netherlands also contributed significantly, with costs ranging from 6 to 11 million euros. The growth rate showed that smaller countries such as Luxembourg, Latvia, and Estonia experienced notable increases, with variations of 2.59%, 2.50%, and 2.78% respectively. Over the last five years, these variations indicate a steady increase in labor costs across most European countries.
Future trends to watch include the impact of economic policies on labor costs, as well as technological advancements in education which may influence cost structures. Additionally, demographic shifts and investments in education infrastructure could drive further changes in labor cost distribution across Europe.
Top countries in Labour Costs in Education Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.92 | 2023 | +1.92% | +2.37% | View data |
| 2 | 2 France | 22.82 | 2023 | +1.29% | +1.34% | View data |
| 3 | 3 Italy | 13.32 | 2023 | +0.77% | +0.69% | View data |
| 4 | 4 Spain | 11.71 | 2023 | +1.49% | +1.5% | View data |
| 5 | 5 Belgium | 6.25 | 2023 | +1.96% | +2.16% | View data |
| 6 | 6 Netherlands | 6.04 | 2023 | +1.52% | +1.47% | View data |
| 7 | 7 Austria | 3.56 | 2023 | +1.72% | +1.78% | View data |
| 8 | 8 Portugal | 1.84 | 2023 | +0.28% | +0.13% | View data |
| 9 | 9 Finland | 1.79 | 2023 | +0.86% | +0.99% | View data |
| 10 | 10 Greece | 1.66 | 2023 | +0.22% | +0.27% | View data |
