Latvia - Manufacturing Labour Cost Per Employee FTE
Since 2014, Latvia Manufacturing Labour Cost Per Employee FTE jumped by 6.4% year on year. In 2019, the country was ranked number 27 comparing other countries in Manufacturing Labour Cost Per Employee FTE at €13.5 Thousand. Latvia is overtaken by Lithuania, which was ranked number 26 with €14.4 Thousand and is followed by Romania with €10.7 Thousand. Switzerland topped the ranking with €92.2 Thousand in 2019, that is an increase of 3.3% compared to 2018. Iceland witnessed the best average annual growth at +9.9% per year, while Greece recorded the worst performance at -2.2% per year.
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| Date | Thousand Euros |
|---|---|
| 2019 | 13.50 |
| 2018 | 13.50 |
| 2017 | 12.40 |
| 2016 | 12.00 |
| 2015 | 10.80 |
Download all data from 2008 to 2019
How does Latvia rank in Manufacturing Labour Cost Per Employee FTE?
| # | 31 Countries | Thousand Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Switzerland
|
92.20 | 2019 | +3.3 % | +2.5 % | View data | |
| 2 |
#2
Belgium
|
76.70 | 2019 | +0.5 % | +0.9 % | View data | |
| 26 |
#26
Lithuania
|
14.40 | 2019 | +0.0 % | +6.9 % | View data | |
| 27 |
#27
Latvia
|
13.50 | 2019 | +0.0 % | +6.4 % | View data | |
| 28 |
#28
Romania
|
10.70 | 2019 | +0.9 % | +8.3 % | View data | |