Latvia - Electrical Equipment and Electronics Labour Cost Per Employee FTE
Since 2014, Latvia Electrical Equipment and Electronics Labour Cost Per Employee FTE jumped by 4.1% year on year. In 2019, the country was number 26 comparing other countries in Electrical Equipment and Electronics Labour Cost Per Employee FTE with €14.8 Thousand. Latvia is overtaken by Hungary, which was ranked number 25 at €16.8 Thousand and is followed by Lithuania with €13.9 Thousand. Switzerland topped the ranking with €97.4 Thousand in 2019, an increase of 3.8% compared to 2018. Norway, Iceland and Denmark respectively ranked number 2, 3 and 4 in this ranking. Iceland witnessed the best average annual growth at +10.6% per year, while United Kingdom witnessed the worst performance at -0.8% per year.
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| Date | Thousand Euros |
|---|---|
| 2019 | 14.80 |
| 2018 | 14.90 |
| 2017 | 13.90 |
| 2016 | 13.40 |
| 2015 | 12.70 |
How does Latvia rank in Electrical Equipment and Electronics Labour Cost Per Employee FTE?
| # | 30 Countries | Thousand Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Switzerland
|
97.40 | 2019 | +3.8 % | +1.4 % | View data | |
| 2 |
#2
Norway
|
84.50 | 2019 | +2.8 % | NA | View data | |
| 25 |
#25
Hungary
|
16.80 | 2019 | +0.6 % | +4.3 % | View data | |
| 26 |
#26
Latvia
|
14.80 | 2019 | -0.7 % | +4.1 % | View data | |
| 27 |
#27
Lithuania
|
13.90 | 2019 | +0.0 % | +6.4 % | View data | |