Forecast: Water Utility Labour Cost Per Employee FTE in Germany

In 2024, water utility labor cost per employee FTE in Germany is projected to be 73.9 thousand euros, with an increase to 80.9 thousand euros by 2028. From 2023 to 2024, the cost is forecasted to rise by approximately 3%, continuing upward with an average year-on-year growth rate of about 2% from 2024 through 2028. The cumulative average growth rate (CAGR) over these five years suggests a steady increase in labor costs.

Future trends to watch for include potential impacts from technological advancements, regulatory changes, and shifts in economic conditions which may drive further changes in labor costs in the water utility sector in Germany.