In 2023, Germany led European labor costs in air transport at €5.64 billion, followed by France at €5.31 billion. The Netherlands ranked third with €2.35 billion, while southern European countries such as Spain and Italy had lower values around €1.93 billion and €1.24 billion, respectively. Smaller economies like Estonia experienced a significant decline of 18.1%, indicating pronounced variability across Europe.
Future trends to monitor include potential increased labor costs in countries like Belgium and Ireland, recording noticeable yearly growth. Additionally, economic policies and labor negotiations might further impact these costs, urging a close watch on initiatives influencing labor market dynamics in the aviation sector.
Top countries in Labour Costs in Air Transport by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,640 | 2023 | +1.37% | +1.2% | View data |
| 2 | 2 France | 5,310 | 2023 | +1.16% | +1.36% | View data |
| 3 | 3 Netherlands | 2,350 | 2023 | +1.16% | +0.78% | View data |
| 4 | 4 Spain | 1,930 | 2023 | +0.78% | +0.041% | View data |
| 5 | 5 Italy | 1,240 | 2023 | +0.14% | +0.9% | View data |
| 6 | 6 Belgium | 641.4 | 2023 | +2.31% | +4.58% | View data |
| 7 | 7 Austria | 634.74 | 2023 | +1.78% | +1.43% | View data |
| 8 | 8 Ireland | 528.02 | 2023 | +0.71% | +1.49% | View data |
| 9 | 9 Finland | 408 | 2023 | +1.24% | +0.75% | View data |
| 10 | 10 Greece | 224.96 | 2023 | +2.13% | +2.6% | View data |
