The Gross Value Added (GVA) per employee in the European locks and hinges industry reveals a diverse landscape across countries in 2023, with Sweden leading at 196.4 thousand euros per FTE and Macedonia at the lower end with 9.1 thousand euros. Northern European countries like Sweden, Iceland, and Finland show higher productivity, whereas Eastern European countries like Romania and Macedonia display lower GVA per employee. There are nil variations in terms of percentage growth which suggests stable productivity rates over the recent past.
Future trends to watch include potential technological advancements that could boost productivity, shifts in demand driven by construction and real estate markets, and the impact of broader economic conditions across Europe. Monitoring economic policies and labor market changes will also be crucial in understanding future GVA per employee trends within this sector.
Top countries in Locks and Hinges Gross Value Added Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Sweden | 196.4 | 2023 | View data |
| 2 | 2 Iceland | 194.3 | 2023 | View data |
| 3 | 3 Finland | 134.4 | 2023 | View data |
| 4 | 4 Belgium | 126.3 | 2023 | View data |
| 5 | 5 Austria | 114.1 | 2023 | View data |
| 6 | 6 Italy | 95.8 | 2023 | View data |
| 7 | 7 Denmark | 89 | 2023 | View data |
| 8 | 8 France | 86.7 | 2023 | View data |
| 9 | 9 Germany | 83.1 | 2023 | View data |
| 10 | 10 Norway | 81.3 | 2023 | View data |
