Cyprus - Fabricated Metal Products (Except Machinery and Equipment) Labour Cost Per Employee FTE
Since 2014, Cyprus Fabricated Metal Products (Except Machinery and Equipment) Labour Cost Per Employee FTE fell by 1.5% year on year. In 2019, the country was number 23 comparing other countries in Fabricated Metal Products (Except Machinery and Equipment) Labour Cost Per Employee FTE with €16.9 Thousand. Cyprus is overtaken by Slovakia, which was number 22 with €17.4 Thousand and is followed by Lithuania at €15.5 Thousand. Switzerland topped the ranking with €81.9 Thousand in 2019, an increase of 3% versus 2018. Norway, Iceland and Denmark respectively ranked number 2, 3 and 4 in this ranking. Iceland witnessed the best average annual growth at +11.4% per year, while Greece was the worst growing country at -2.1% per year.
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| Date | Thousand Euros |
|---|---|
| 2019 | 16.90 |
| 2018 | 17.50 |
| 2017 | 16.70 |
| 2016 | 16.40 |
| 2015 | 16.10 |
How does Cyprus rank in Fabricated Metal Products (Except Machinery and Equipment) Labour Cost Per Employee FTE?
| # | 32 Countries | Thousand Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Switzerland
|
81.90 | 2019 | +3.0 % | +2.9 % | View data | |
| 2 |
#2
Norway
|
71.70 | 2019 | +0.3 % | -0.1 % | View data | |
| 22 |
#22
Slovakia
|
17.40 | 2019 | -1.1 % | +3.7 % | View data | |
| 23 |
#23
Cyprus
|
16.90 | 2019 | -3.4 % | -1.5 % | View data | |
| 24 |
#24
Croatia
|
15.50 | 2019 | -1.3 % | +2.4 % | View data | |