Latvia - Furniture Manufacturing Labour Cost Per Employee FTE
Since 2014, Latvia Furniture Manufacturing Labour Cost Per Employee FTE jumped by 6.2% year on year. With €11.1 Thousand in 2019, the country was ranked number 26 among other countries in Furniture Manufacturing Labour Cost Per Employee FTE. Latvia is overtaken by Croatia, which was number 25 with €11.3 Thousand and is followed by Hungary at €10.6 Thousand. Switzerland ranked the highest with €79 Thousand in 2019, that is an increase of 2.7% versus 2018. Iceland, Denmark and Norway respectively ranked number 2, 3 and 4 in this ranking. Iceland witnessed the best average annual growth at +12.3% per year, while United Kingdom witnessed the worst performance at -4.6% per year.
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| Date | Thousand Euros |
|---|---|
| 2019 | 11.10 |
| 2018 | 11.00 |
| 2017 | 10.10 |
| 2016 | 9.80 |
| 2015 | 8.60 |
Download all data from 2008 to 2019
How does Latvia rank in Furniture Manufacturing Labour Cost Per Employee FTE?
| # | 31 Countries | Thousand Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Switzerland
|
79.00 | 2019 | +2.7 % | +2.7 % | View data | |
| 2 |
#2
Iceland
|
63.60 | 2018 | +4.1 % | +12.3 % | View data | |
| 25 |
#25
Croatia
|
11.30 | 2019 | -2.6 % | +2.1 % | View data | |
| 26 |
#26
Latvia
|
11.10 | 2019 | +0.9 % | +6.2 % | View data | |
| 27 |
#27
Hungary
|
10.60 | 2019 | +0.0 % | +4.8 % | View data | |