Iceland - Fruit Processing and Vegetables Processing Labour Cost Per Employee FTE
Since 2015, Iceland Fruit Processing and Vegetables Processing Labour Cost Per Employee FTE rose 9.6% year on year. In 2018, the country was ranked number 7 comparing other countries in Fruit Processing and Vegetables Processing Labour Cost Per Employee FTE at €54.9 Thousand. Iceland is overtaken by Belgium, which was number 6 at €59.7 Thousand and is followed by Sweden at €52.4 Thousand. Norway ranked the highest with €73 Thousand in 2019, that is a decrease of 2.5% compared to 2018. Switzerland, Netherlands and Austria respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +11.2% per year, while Sweden was the worst growing country at -4% per year.
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| Date | Thousand Euros |
|---|---|
| 2018 | 54.90 |
| 2017 | 55.70 |
| 2016 | 47.70 |
| 2015 | 41.70 |
How does Iceland rank in Fruit Processing and Vegetables Processing Labour Cost Per Employee FTE?
| # | 30 Countries | Thousand Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Norway
|
73.00 | 2019 | -2.5 % | +0.3 % | View data | |
| 2 |
#2
Switzerland
|
67.40 | 2019 | +6.3 % | +4.0 % | View data | |
| 6 |
#6
Belgium
|
59.70 | 2019 | +0.7 % | +1.1 % | View data | |
| 7 |
#7
Iceland
|
54.90 | 2018 | -1.4 % | +9.6 % | View data | |
| 8 |
#8
Sweden
|
52.40 | 2019 | +3.0 % | -4.0 % | View data | |