In 2023, Germany lead European labor costs in architectural and engineering activities, contributing the highest value of 52.79 million euros, followed by Spain with 11.53 million euros and the Netherlands with 10.57 million euros. Labor costs in Italy, Belgium, and Finland shared moderately lower values. Austria, Ireland, and Luxembourg captured smaller shares, while Slovakia, Greece, Slovenia, and Estonia had minimal contributions. Among the countries, Ireland observed the highest year-on-year growth in 2023, emphasizing a growing labor cost trend, whereas Greece showed only a marginal increase, indicating stagnation.
Future trends to monitor include potential growth disparities across countries, influenced by economic, technological, and regulatory factors. Close attention should be paid to EU policies and international labor mobility, which could significantly impact labor cost structures in this sector.
Top countries in Labour Costs in Architectural and Engineering Activities; Technical Testing and Analysis Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 52.79 | 2023 | +3% | +3.19% | View data |
| 2 | 2 Spain | 11.53 | 2023 | +1.4% | +1.34% | View data |
| 3 | 3 Netherlands | 10.57 | 2023 | +1.77% | +1.62% | View data |
| 4 | 4 Italy | 6.71 | 2023 | +1.91% | +2.45% | View data |
| 5 | 5 Belgium | 4.66 | 2023 | +2.56% | +3.03% | View data |
| 6 | 6 Finland | 4.25 | 2023 | +2.21% | +2.22% | View data |
| 7 | 7 Austria | 4.13 | 2023 | +2.24% | +2.08% | View data |
| 8 | 8 Ireland | 2.27 | 2023 | +2.94% | +4.02% | View data |
| 9 | 9 Luxembourg | 0.83 | 2023 | +2.93% | +2.83% | View data |
| 10 | 10 Slovakia | 0.72 | 2023 | +2.98% | +3.77% | View data |