The analysis of European Glass and Glass Products Labour Cost Per Employee FTE reveals considerable variation across countries in 2023. Belgium and Switzerland lead with the highest labor costs, exceeding €84,000 per employee. In contrast, Eastern European countries like Bosnia and Herzegovina present the lowest costs, under €10,000 per employee. A five-year CAGR reflects a stable or nil variation, suggesting steady labor costs over the period. Notably, advanced economies face higher labor expenses, implying a potential impact on competitive positioning.
Future trends to watch include potential labor cost adjustments due to automation, economic policies, and shifts in labor markets influencing competitiveness and production costs across Europe.
Top countries in Glass and Glass Products Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Belgium | 85.3 | 2023 | View data |
| 2 | 2 Switzerland | 84.9 | 2023 | View data |
| 3 | 3 Austria | 74.2 | 2023 | View data |
| 4 | 4 Netherlands | 72.2 | 2023 | View data |
| 5 | 5 France | 69.5 | 2023 | View data |
| 6 | 6 Denmark | 69.1 | 2023 | View data |
| 7 | 7 Sweden | 65.9 | 2023 | View data |
| 8 | 8 Norway | 60.8 | 2023 | View data |
| 9 | 9 Italy | 60.3 | 2023 | View data |
| 10 | 10 Iceland | 57.8 | 2023 | View data |
