Latvia - Food Products Labour Cost Per Employee FTE
Since 2014, Latvia Food Products Labour Cost Per Employee FTE grew 6.9% year on year. With €12.4 Thousand in 2019, the country was ranked number 27 comparing other countries in Food Products Labour Cost Per Employee FTE. Latvia is overtaken by Lithuania, which was ranked number 26 at €13.1 Thousand and is followed by Romania at €8.3 Thousand. Switzerland ranked the highest with €72.4 Thousand in 2019, a growth of 3.7% compared to 2018. Iceland, Denmark and Norway respectively ranked number 2, 3 and 4 in this ranking. Romania recorded the best 5 years average growth at +9% per year, while Greece witnessed the worst performance at -3.2% per year.
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| Date | Thousand Euros |
|---|---|
| 2019 | 12.40 |
| 2018 | 12.40 |
| 2017 | 11.30 |
| 2016 | 10.80 |
| 2015 | 10.00 |
Download all data from 2008 to 2019
How does Latvia rank in Food Products Labour Cost Per Employee FTE?
| # | 31 Countries | Thousand Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Switzerland
|
72.40 | 2019 | +3.7 % | NA | View data | |
| 2 |
#2
Iceland
|
70.50 | 2018 | +2.3 % | +8.4 % | View data | |
| 26 |
#26
Lithuania
|
13.10 | 2019 | +0.0 % | +7.3 % | View data | |
| 27 |
#27
Latvia
|
12.40 | 2019 | +0.0 % | +6.9 % | View data | |
| 28 |
#28
Romania
|
8.30 | 2019 | +0.0 % | +9.0 % | View data | |