The European underwear industry's labor cost per employee Full-Time Equivalent (FTE) varies significantly across countries. In 2023, Sweden led with high labor costs, reaching 62.8 thousand Euros per FTE, followed closely by Austria and France. These Western European countries consistently show higher labor expenses compared to Eastern European counterparts like Romania and Bulgaria, where costs are below 9 thousand Euros per FTE.
Looking to the future, key trends to monitor include technological advancements in manufacturing which may reduce labor costs, outsourcing trends possibly affecting Western European countries, and economic policies in Eastern Europe that might influence labor market dynamics and cost structures in these regions.
Top countries in Underwear Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Sweden | 62.8 | 2023 | View data |
| 2 | 2 Austria | 55.5 | 2023 | View data |
| 3 | 3 France | 53.5 | 2023 | View data |
| 4 | 4 Germany | 45.5 | 2023 | View data |
| 5 | 5 Finland | 40.8 | 2023 | View data |
| 6 | 6 Italy | 38.6 | 2023 | View data |
| 7 | 7 Spain | 30.3 | 2023 | View data |
| 8 | 8 Czech Republic | 15.9 | 2023 | View data |
| 9 | 9 Portugal | 14.9 | 2023 | View data |
| 10 | 10 Cyprus | 14 | 2023 | View data |
