The European labor cost per employee FTE in plumbing, heat, and air conditioning installation varies significantly by country. Norway shows the highest cost at 77.9 thousand euros, followed closely by Denmark and the Netherlands. Countries like Macedonia and Bosnia and Herzegovina report the lowest costs, under 8 thousand euros. The data indicates a stark contrast between Western and Northern European nations compared to Eastern and Southern European countries. Despite the variations, the year-on-year variations appear to be nil, pointing to stability in labor costs across this sector over the past years.
Looking forward, future trends to watch include potential increases in labor costs in Eastern Europe as economies develop and wages rise, as well as possible cost adjustments in Western Europe driven by inflation and regulatory changes. Continued demand for skilled labor in this sector may also influence labor cost trends across Europe.
Top countries in Labour Cost Per Employee FTE in Plumbing, Heat and Air Conditioning Installation by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Norway | 77.9 | 2023 | View data |
| 2 | 2 Denmark | 75.4 | 2023 | View data |
| 3 | 3 Netherlands | 68.3 | 2023 | View data |
| 4 | 4 Sweden | 61.9 | 2023 | View data |
| 5 | 5 Belgium | 58.9 | 2023 | View data |
| 6 | 6 France | 57.6 | 2023 | View data |
| 7 | 7 Finland | 57.4 | 2023 | View data |
| 8 | 8 Austria | 55 | 2023 | View data |
| 9 | 9 Luxembourg | 51.6 | 2023 | View data |
| 10 | 10 Iceland | 50.6 | 2023 | View data |