Iceland - Labour Cost Per Employee FTE of Construction
Since 2015, Iceland Labour Cost Per Employee FTE of Construction increased 13.2% year on year. At €70.6 Thousand in 2018, the country was ranked number 3 comparing other countries in Labour Cost Per Employee FTE of Construction. Iceland is overtaken by Norway, which was ranked number 2 at €74.4 Thousand and is followed by Denmark with €66.3 Thousand. Switzerland lead the ranking with €78.3 Thousand in 2019, an increase of 2.8% compared to 2018. Iceland witnessed the best average annual growth at +13.2% per year, while Greece recorded the worst performance at -2.1% per year.
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| Date | Thousand Euros |
|---|---|
| 2018 | 70.60 |
| 2017 | 64.30 |
| 2016 | 56.30 |
| 2015 | 48.70 |
Download all data from 2015 to 2018
How does Iceland rank in Labour Cost Per Employee FTE of Construction?
| # | 32 Countries | Thousand Euros | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
Switzerland
|
78.30 | 2019 | +2.8 % | +2.4 % | View data |
| 2 |
#2
Norway
|
74.40 | 2019 | -0.4 % | +0.2 % | View data |
| 3 |
#3
Iceland
|
70.60 | 2018 | +9.8 % | +13.2 % | View data |
| 4 |
#4
Denmark
|
66.30 | 2019 | +1.4 % | +1.7 % | View data |
| 5 |
#5
Netherlands
|
62.20 | 2019 | +0.2 % | +0.5 % | View data |