In Europe, the labour cost per employee FTE in the weapons and ammunition sector shows significant variance by country. Switzerland ranks at the top with €123.1k, followed by Iceland at €109.3k. Other Western European nations such as Sweden (€81.4k), Germany (€79.2k), and Italy (€67.6k) feature moderate labour costs. On the lower end, Eastern and Southern European countries like Portugal (€24.7k), Czech Republic (€22.6k), and Bulgaria (€10.0k) exhibit significantly lower costs.
The year-on-year trends and variations useful for analysis, though minimal, typically showed stability over the past two years. The Compound Annual Growth Rate (CAGR) over the last five years indicates an average yearly increase, reflecting labour market changes and sectoral dynamics in each country.
Future trends to watch in European weapons and ammunition labour cost per employee include:
- Technological advancements leading to potential changes in labour demand and skill requirements.
- Evolving geopolitical landscape influencing defence budgets and production shifts.
- Economic conditions and labour market policies in Eastern Europe potentially narrowing cost disparities.
- Inflationary pressures across Europe affecting wage growth and purchasing power.
- Sustainability trends possibly impacting production processes and labour costs.
Top countries in Weapons and Ammunition Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Switzerland | 123.1 | 2023 | View data |
| 2 | 2 Iceland | 109.3 | 2023 | View data |
| 3 | 3 Sweden | 81.4 | 2023 | View data |
| 4 | 4 Germany | 79.2 | 2023 | View data |
| 5 | 5 Italy | 67.6 | 2023 | View data |
| 6 | 6 Austria | 66.7 | 2023 | View data |
| 7 | 7 Finland | 61.6 | 2023 | View data |
| 8 | 8 Spain | 48.6 | 2023 | View data |
| 9 | 9 Portugal | 24.7 | 2023 | View data |
| 10 | 10 Czech Republic | 22.6 | 2023 | View data |
