Latvia - Fabricated Metal Products (Except Machinery and Equipment) Labour Cost Per Employee FTE
Since 2014, Latvia Fabricated Metal Products (Except Machinery and Equipment) Labour Cost Per Employee FTE rose 5.6% year on year. With €14.6 Thousand in 2019, the country was ranked number 27 comparing other countries in Fabricated Metal Products (Except Machinery and Equipment) Labour Cost Per Employee FTE. Latvia is overtaken by Poland, which was ranked number 26 with €15.4 Thousand and is followed by Hungary with €14.1 Thousand. Switzerland topped the ranking with €81.9 Thousand in 2019, that is an increase of 3% compared to 2018. Norway, Iceland and Denmark respectively ranked number 2, 3 and 4 in this ranking. Iceland recorded the best 5 years average growth at +11.4% per year, while Greece recorded the worst performance at -2.1% per year.
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| Date | Thousand Euros |
|---|---|
| 2019 | 14.60 |
| 2018 | 14.50 |
| 2017 | 13.50 |
| 2016 | 13.20 |
| 2015 | 11.40 |
How does Latvia 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 | |
| 26 |
#26
Poland
|
15.40 | 2019 | +0.0 % | +3.6 % | View data | |
| 27 |
#27
Latvia
|
14.60 | 2019 | +0.7 % | +5.6 % | View data | |
| 28 |
#28
Hungary
|
14.10 | 2019 | +0.0 % | +4.3 % | View data | |