In 2023, European labor costs in road and pipeline transport were highest in France and Germany, with values of €25.93M and €24.37M, respectively. Italy, Spain, and the Netherlands followed, indicating a concentration of higher labor costs in Western Europe. Over the last two years, notable year-on-year variations included Slovakia's 3.23% increase and Greece's 1.67% decline. The 5-year CAGR varied among countries, suggesting differing labor cost dynamics across the region.
Looking ahead, attention should be on:
- Potential further increases in Slovakia and Ireland, given recent trends.
- Stable or declining costs in countries like Greece.
- Impacts of economic shifts and policy changes on labor costs, especially in high-cost countries such as France and Germany.
- Technological advancements in transport influencing labor efficiency and cost structures.
Top countries in Labour Costs in Road Transport and Pipeline Transport Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 25.93 | 2023 | +1.26% | +1.17% | View data |
| 2 | 2 Germany | 24.37 | 2023 | +1.81% | +2.34% | View data |
| 3 | 3 Italy | 16.05 | 2023 | +1.37% | +1.77% | View data |
| 4 | 4 Spain | 10.28 | 2023 | +1.49% | +1.26% | View data |
| 5 | 5 Netherlands | 7 | 2023 | +1.3% | +1.12% | View data |
| 6 | 6 Belgium | 5.1 | 2023 | +1.46% | +1.9% | View data |
| 7 | 7 Austria | 4.02 | 2023 | +1.39% | +1.19% | View data |
| 8 | 8 Finland | 2.31 | 2023 | +1.26% | +1.19% | View data |
| 9 | 9 Ireland | 1.22 | 2023 | +2.04% | +2.83% | View data |
| 10 | 10 Slovakia | 1.2 | 2023 | +2.86% | +3.23% | View data |
