Cyprus - Installation of Industrial Machinery and Equipment Labour Cost Per Employee FTE
Since 2014, Cyprus Installation of Industrial Machinery and Equipment Labour Cost Per Employee FTE grew 0.6% year on year. In 2019, the country was number 20 among other countries in Installation of Industrial Machinery and Equipment Labour Cost Per Employee FTE with €22.2 Thousand. Cyprus is overtaken by Czech Republic, which was number 19 at €24.7 Thousand and is followed by Poland at €22 Thousand. Luxembourg topped the ranking with €107.8 Thousand in 2019, a growth of 2.8% versus 2018. Norway, Iceland and Switzerland respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +13.6% per year, while United Kingdom recorded the worst performance at -4.7% per year.
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| Date | Thousand Euros |
|---|---|
| 2019 | 22.20 |
| 2018 | 23.00 |
| 2017 | 20.50 |
| 2016 | 20.10 |
| 2015 | 20.00 |
How does Cyprus rank in Installation of Industrial Machinery and Equipment Labour Cost Per Employee FTE?
| # | 30 Countries | Thousand Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Luxembourg
|
107.80 | 2019 | +2.8 % | +6.4 % | View data | |
| 2 |
#2
Norway
|
106.90 | 2019 | +1.7 % | -1.0 % | View data | |
| 19 |
#19
Czech Republic
|
24.70 | 2018 | +10.8 % | NA | View data | |
| 20 |
#20
Cyprus
|
22.20 | 2019 | -3.5 % | +0.6 % | View data | |
| 21 |
#21
Poland
|
22.00 | 2019 | -1.8 % | +3.3 % | View data | |