Latvia - Rubber and Plastic Products Manufacturing Labour Cost Per Employee FTE
Since 2014, Latvia Rubber and Plastic Products Manufacturing Labour Cost Per Employee FTE grew 8.6% year on year. In 2019, the country was number 25 comparing other countries in Rubber and Plastic Products Manufacturing Labour Cost Per Employee FTE at €13.9 Thousand. Latvia is overtaken by Poland, which was number 24 at €15.4 Thousand and is followed by Croatia at €13.2 Thousand. Switzerland ranked the highest with €82.3 Thousand in 2019, that is an increase of 3.7% versus 2018. Iceland, Norway and Belgium respectively ranked number 2, 3 and 4 in this ranking. Iceland recorded the best 5 years average growth at +10.4% per year, while United Kingdom recorded the worst performance at -0.6% per year.
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| Date | Thousand Euros |
|---|---|
| 2019 | 13.90 |
| 2018 | 13.90 |
| 2017 | 12.70 |
| 2016 | 11.70 |
| 2015 | 10.50 |
How does Latvia rank in Rubber and Plastic Products Manufacturing Labour Cost Per Employee FTE?
| # | 30 Countries | Thousand Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Switzerland
|
82.30 | 2019 | +3.6 % | +1.8 % | View data | |
| 2 |
#2
Iceland
|
71.00 | 2018 | +0.0 % | +10.4 % | View data | |
| 24 |
#24
Poland
|
15.40 | 2019 | +0.0 % | +4.3 % | View data | |
| 25 |
#25
Latvia
|
13.90 | 2019 | +0.0 % | +8.6 % | View data | |
| 26 |
#26
Croatia
|
13.20 | 2019 | -2.2 % | +1.9 % | View data | |