The European Metals Casting Labour Cost Per Employee FTE in 2023 varies significantly across countries, with Iceland having the highest cost at 117.9 thousand euros, and Bosnia and Herzegovina the lowest at 10.1 thousand euros. Western European countries generally exhibit higher labour costs, reflecting their advanced economies and higher standards of living.
Future trends to watch include potential cost increases in Eastern Europe due to economic convergence and labor market pressures. Automation and technological advancements are likely to impact workforce demands, potentially moderating cost increases in higher-cost jurisdictions. Monitoring economic policies affecting labor laws and wages in these regions will be crucial.
Top countries in Metals Casting Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Iceland | 117.9 | 2023 | View data |
| 2 | 2 Switzerland | 77.1 | 2023 | View data |
| 3 | 3 Belgium | 69.5 | 2023 | View data |
| 4 | 4 Norway | 68 | 2023 | View data |
| 5 | 5 Austria | 64.7 | 2023 | View data |
| 6 | 6 Denmark | 64 | 2023 | View data |
| 7 | 7 Netherlands | 60.8 | 2023 | View data |
| 8 | 8 France | 59.8 | 2023 | View data |
| 9 | 9 Germany | 59.3 | 2023 | View data |
| 10 | 10 Italy | 53.6 | 2023 | View data |
