In 2023, France led European labour costs in food and beverage service activities with a value of 32.67 billion euros, followed by Germany at 26.03 billion euros, and Italy at 24.71 billion euros. Belgium, Ireland, and Finland reported significantly lower values at 4.36 billion, 2.78 billion, and 2.33 billion euros, respectively, while Greece, Slovakia, and Slovenia remained under the 2-billion-euro mark.
The year-on-year variations between 2022 and 2023 showed increases across the board with notable growth in Slovakia (4.45%) and Germany (3.31%). France and Italy displayed moderate increases of 2.01% and 2.67%, respectively. Belgium, Ireland, Finland, and Slovenia demonstrated growth close to 2% while Greece showed a modest increase of just 0.65%.
Future trends to watch include potential shifts due to economic policies, labour market dynamics, and evolving industry standards. Rising labour costs might influence the competitive landscape, particularly benefiting countries with lower cost bases. Additionally, an increase in automation and technology adoption within the sector could alter labour demand and cost structures.
Top countries in Labour Costs in Food and Beverage Service Activities by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 32,670 | 2023 | +2.02% | +2.01% | View data |
| 2 | 2 Germany | 26,030 | 2023 | +2.57% | +3.31% | View data |
| 3 | 3 Italy | 24,710 | 2023 | +2.38% | +2.67% | View data |
| 4 | 4 Belgium | 4,360 | 2023 | +2.4% | +2.9% | View data |
| 5 | 5 Ireland | 2,780 | 2023 | +2.16% | +1.88% | View data |
| 6 | 6 Finland | 2,330 | 2023 | +2.32% | +2.23% | View data |
| 7 | 7 Greece | 1,870 | 2023 | +1.1% | +0.65% | View data |
| 8 | 8 Slovakia | 728.7 | 2023 | +3.42% | +4.45% | View data |
| 9 | 9 Slovenia | 443.81 | 2023 | +2.56% | +2.17% | View data |
